Can Magic: The Gathering Cards Outperform the Stock Market?
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The article discusses the potential of Magic: The Gathering (MTG) cards as alternative investments compared to traditional stocks. While some MTG cards have outperformed the S&P 500, they lack the liquidity and transparency of stocks. Hasbro, which owns MTG, has seen significant profits from its Wizards of the Coast division.
February 21, 2025 | 4:45 pm
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Hasbro's Wizards of the Coast division, which owns Magic: The Gathering, has been a consistently profitable segment, generating $1.17 billion in sales and $551 million in operating profits in the first nine months of 2024.
The article highlights the profitability of Hasbro's Wizards of the Coast division, which could positively impact Hasbro's stock price. The division's strong sales and profits indicate a successful business segment.
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