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Hasbro, Inc. (HAS) “Has Been Up Ridiculously,” Says Jim Cramer

We recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. Hasbro, Inc. (NASDAQ:HAS) is one of the stocks Jim Cramer recently discussed.

Hasbro, Inc. (NASDAQ:HAS) is an American toy company that owns iconic brands such as Nerf and Monopoly. The firm’s shares have gained 37% year-to-date and have recovered all of their post-Liberation Day losses. Hasbro, Inc. (NASDAQ:HAS)’s stock jumped by 14.6% in April after the firm’s first-quarter earnings results beat analyst revenue and EPS estimates. The stock has gained 5% in July after a bullish Goldman Sachs investor note increased the share price target to $85 and upgraded the rating from Neutral to Buy. The bank believes that Hasbro, Inc. (NASDAQ:HAS)’s card and video game initiatives can generate tailwinds for the firm. In his remarks, Cramer mentioned Goldman’s coverage and added that Hasbro, Inc. (NASDAQ:HAS) is part of an idea-driven market:

“So Goldman recommends Hasbro, which has been up ridiculously. And it goes up another two! We are in an idea-driven market. . .”

A child playing with their toy in their home, showing their joy for Hasbro products.

Previously, the CNBC host had Hasbro, Inc. (NASDAQ:HAS)’s CEO on his show and discussed the firm’s business approach in today’s environment:

“What do you make of what’s happening at Hasbro, the iconic maker of toys and games? Last week, the company reported an impressive top and bottom line beat driven by strong momentum in their Magic the Gathering business. But management also noted that the tariffs are tough for their business, even if there are some things they can do to mitigate the damage. In response, the stock jumped more than 14% and it’s just related a few more points. So, can it keep running? Maybe investors should get cautious. […]

[Talking directly to the CEO, Chris Cox] I got a feeling that you’ll be able to- you’ll be more resourceful and you’re a conservative guy. You got credit for being conservative. The companies that are being aggressive, they’re the ones whose stocks are getting killed. I think you’re doing this exactly right.”

While we acknowledge the potential of HAS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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