5 Best TSX Stocks to Buy Right Now

3. Spin Master Corp. (TSX: TOY.TO)

Spin Master Corp. (TSX: TOY.TO) is a Toronto-based toy and entertainment company. It is ranked third on our list of 10 best TSX stocks to buy right now and was founded in 1994. Some of the famous brands it owns include Bakugan, Gund, Etch A Sketch, Erector Set, Air Hogs, PAW Patrol, and Aquadoodle, among others. Spin Master has returned more than 150% to investors over the course of the past twelve months. The company has a market cap of more than $3.5 billion and posted more than $1.5 billion in revenue in 2020. 

On May 1, Spin Master Corp. (TSX: TOY.TO) disclosed quarterly results for the first three months of 2021, posting a revenue of $316 million, a 39% increase compared to the previous year. Mattel, Inc. (NASDAQ: MAT), a California-based toy manufacturing firm, is also a good bet in the entertainment sector. Out of the hedge funds being tracked by Insider Monkey, investment firm Southeastern Asset Management is a leading shareholder in Mattel, Inc. (NASDAQ: MAT) with shares worth more than $303 million.