Hasbro and Viking Holdings Identified as Long-Term Growth Stocks
Hasbro (HAS) has transitioned from a traditional toy manufacturer into a high-margin gaming powerhouse, driven largely by the success of its Wizards of the Coast segment. The Magic: The Gathering franchise recently generated over $600 million in quarterly revenue, contributing to a 15% increase in total company revenue and driving Hasbro's stock to record highs. The company is leveraging an asset-light licensing model and expanding its digital gaming capabilities with a new studio in Montreal. Viking Holdings (VIK) is experiencing significant momentum in the cruise industry, characterized by high advance booking rates and increasing pricing power. The company has already sold 53% of its 2027 capacity, with passenger-day prices tracking 10% higher than the previous year. This strong demand from a loyal customer base suggests sustained growth potential as the company continues to expand its fleet and capture long-term travel bookings.
Topics: quarterly earnings revenue growth segment performance stock buyback