TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says Mattel (MAT) is setup well heading into the all-important holiday shopping season. "This company is firing on almost all cylinders," Cramer said. "Hasbro (HAS) is firing on all cylinders. They are both good going into Christmas." For its most recent quarter, Mattel reported earnings of $0.68 a share, missing estimates of $0.71. Revenue of $1.8 billion topped forecasts of $1.77 billion and was negatively affected by currency headwinds. Mattel shares are higher Thursday after reporting quarterly results after the closing bell on Wednesday.
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