Amazon currently has this Hello Kitty Quartz Watch for just $5.89, shipped free. It would make a perfect stocking stuffer.
My three-year old is in love with Hello Kitty. Last year we did a Hello Kitty birthday party for her. I wish I would have seen these so I could use them for party favors! You can see the Pinterest board I created for her party here. I did a bunch of the easier ideas and it turned out great.
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Please remember: Amazon prices can change very quickly. Please verify that the price is the same as what I post before purchasing. As of 11/19/12 at 6:14 AM, this listed price was accurate.