While most stocks continued to struggle, a few big names are continuing to make new highs. Mattel (MAT) made a strong move into new high territory Thursday, following up on gains since the company’s Q4 earnings beat estimates late Monday.

The toy maker announced a turnaround in earnings growth with a 21% increase after eight quarters of declining profits. Strong growth in their Barbie and Fisher-Price brands got the credit, sending the stock on a gap up above a 28.03 buy point from a saucer with handle Tuesday. Volume was quadruple the average.

Since then, the stock has continued read more >>>

Source : Investors.com