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
€34.78
-7.480%
The stock is one of the favorites of our community with 60 Buy predictions and 4 Sell predictions.
As a result the target price of 45 € shows a positive potential of 29.38% compared to the current price of 34.78 € for DraftKings Inc..