Mattel is one of the companies that benefited tremendously from the pandemic. Before the lockdowns, the company was in freefall. Innovation was basically nonexistent and all it was putting out were regurgitations of its old hits. Then the pandemic hit and everything old and new flew off the shelves and pushed the stock up. But now that we're getting back to normal, I think we're going to see a lot of the same ol' same ol' from the company. The growth it exhibited in the last year is not sustainable without some serious changes, and I don't think the current management is willing to take a risk and do what's necessary.
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That is my concern too. I'll just pass on this one myself.