I'm optimistic about Thomas & Friends and also believe that there is an opportunity for the Mega brand to give Legos some competition. Currently, Legos pretty much has a monopoly on building blocks. In closing, Mattel is not a perfect or cheap stock, as it trades at a PE close to 20 with known headwinds in the coming year. However, I like its prospects for the long term. Per GuruFocus, a number of well known investors hold shares in Mattel like Sarah Ketterer, Tom Gayner, Joel Greenblatt, and Jim Simons. Feedback from others is welcome.