SHOCKING: 2 - What They Never Told You

2 Gambling Stocks Every Investor is After -- 1 to Watch for Momentum

Technological innovation and the unprecedented rise in popularity of online gambling are driving the growth of the gambling market. Hence, it could be wise to buy fundamentally strong gambling stocks Boyd Gaming (BYD) and International Game Technology PLC (IGT), while DraftKings (DKNG) could be watched for momentum. Keep reading.

StockNews.com · Jul 24, 2023

DraftKings Inc. (DKNG) vs. Monarch Casino & Resort (MCRI): Which Stock Should You Buy Now?

The entertainment industry is poised for long-term growth supported by continuous technological advancements. While entertainment stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from rising interest in online gambling and sports betting, let us determine which could be a wise investment now.

StockNews.com · Jul 21, 2023

Is DraftKings (DKNG) a Buy TODAY?

Sports betting and gaming company DraftKings’s (DKNG) steady revenue growth and its 2023 guidance upgrade raise optimism. However, its top-line growth does not translate to bottom-line improvement. So, is DKNG worth betting on? Let’s look at the company’s key financial metrics to find out.

StockNews.com · Jun 12, 2023

5 Vulnerable Stocks to Avoid the Rest of This Year

Despite the expected slowdown of interest rate hikes, investors are concerned about a recession next year. This could mean more pain for stocks that have already fallen significantly this year. Amid this backdrop, investors should avoid fundamentally weak stocks Advanced Micro Devices (AMD), DraftKings (DKNG), SoFi Technologies (SOFI), ContextLogic (WISH),…

StockNews.com · Nov 28, 2022

1 Gambling Stock to Buy in Q4 and 1 to Still Avoid

The gambling industry is well positioned for healthy long-term growth in a post-pandemic world driven by increasing disposable income and the growing popularity of online gambling platforms. While it could be wise to invest in fundamentally strong gambling stock Boyd Gaming (BYD), struggling industry participant DraftKings (DKNG) might be best…

StockNews.com · Nov 11, 2022

DraftKings Fails To Win Investors With Q3 Results, Guidance: Could The Company Be Left Behind Over Peers Closer To Profit?

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results before market open Friday. Here are the key highlights and why shares are dropping.

Benzinga · Nov 4, 2022

2 Brutal Sell-off Stocks to Avoid This Fall

The Fed seems to be gearing up to respond to hotter-than-expected inflation and employment data for September with further aggressive interest rate hikes. Hence, with market volatility set to become more severe, fundamentally weak stocks Coinbase Global (COIN) and DraftKings (DKNG) are best avoided now. Read on….

StockNews.com · Oct 20, 2022

Is DraftKing Stock a Buy After Scoring a Deal With ESPN?

Shares of sports-betting company DraftKings (DKNG) are currently trading more than 75% below their 52-week high, beaten down by volatile market conditions. Furthermore, the company reported a significant loss in its last quarter. Also, analysts expect the company’s EPS to remain negative for at least the next two fiscals. However,…

StockNews.com · Oct 17, 2022

2 Beaten-Down Nasdaq Stocks to Avoid

The NASDAQ Composite has been facing significant turmoil due to successive rate hikes. As recessionary fears loom over the economy, beaten-down stocks DraftKings (DKNG) and Affirm Holdings (AFRM) might be best avoided until further notice. Read more….

StockNews.com · Oct 6, 2022

Cathie Wood Is Loading up on These 5 Stocks -- Should You?

Cathie Wood’s ETFs have hit a rough patch this year amid volatile market conditions caused by sky-high inflation and the Fed’s hawkish tilt. Moreover, the stock market is expected to remain under pressure in the coming months since the central bank intends to keep hiking rates. So, we think it…

StockNews.com · Sep 27, 2022