Forget DraftKings, These 2 Stocks Are Better Buys Today
Online gambling stocks are hot again and (NASDAQ: DKNG) has ridden that wave on the market. But DraftKings has never shown a profit and it's spending billions each year to attract new customers. In this video, Travis Hoium highlights why there may be better bets for the online gambling market long term.
*Stock prices used were end-of-day prices of March 23, 2024. The video was published on March 25, 2024.
Source Fool.com
DraftKings Inc. Stock
€40.65
-1.090%
The stock is one of the favorites of our community with 61 Buy predictions and 4 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 13.16% compared to the current price of 40.65 € for DraftKings Inc..