When finding stocks to own, growth stocks are a top priority. For those looking to invest with a truly long-term investing time horizon, growth stocks tend to outperform. Companies that can post market-beating growth rates have done incredibly well in recent decades, supported by relatively low-interest rates (that have since headed north). This has led to this list of high-octane growth stocks.But with interest rates potentially on the decline, investors could be due for a continued rally in many top growt ...

People have been placing their bullish bets on the sports betting stocks of late, with the broader basket gaining considerable momentum. While the Magnificent Seven stocks stole the show (yet again) this earnings season, I think other corners of tech are more than worthy of the attention of growth-savvy investors. The gaming scene looks quite intriguing here as industry rivals duke it out for a larger share of the sizeable market.If you watch sports, you’ve probably been bombarded with many sports-betting a ...

Darren McCollester/Getty Images Entertainment A few years ago, DraftKings Inc. (NASDAQ:DKNG) was, in our view, and to put it mildly, an expensive-looking train wreck. After going public via SPAC in 2020, DKNG quickly became one of the cohorts of stocks that was clocking very high revenue growth, and thus trading in the 'speculative basket', which included names from other 'high-growth' sectors like cannabis (Canopy Growth Corporation (CGC), Tilray Brands, Inc. (TLRY)), 3D printing (Desktop Metal, Inc. (DM), ...

On paper, DraftKings (NASDAQ:DKNG) shareholders should feel pressure from a new competitor in the publicly traded sports betting scene. Earlier on Monday, Flutter Entertainment (NYSE:FLUT) made its U.S. trading debut on the New York Stock Exchange (NYSE) under the ticker symbol FLUT. Previously, shares were traded over the counter. Theoretically, the added attention could draw investment funds away from DKNG stock. However, this ecosystem might not be a zero-sum game.According to a Seeking Alpha report, Flu ...

DraftKings Inc (NASDAQ: DKNG) is in focus on Monday after rival Flutter Entertainment debuted on the New York Stock Exchange.Why is Flutter news significant for DraftKings?Copy link to sectionDraftKings sure has enjoyed stardom in recent years as the only listed pure play in sports betting. But that could change now that Flutter Entertainment – the Dublin-headquartered firm behind the world’s largest sports betting and gaming operator (FanDuel) has completed its secondary listing on the NYSE.Flutter news is ...

FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings.It's a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and included in the FTSE 100 index.But Flutter's most important market for revenue and growth is the United States, where FanDuel is the market share leader. In the fourth quarter, FanDuel had 43% market share based on gross ...

As 2024 kicked off with a sharp correction, certain stocks still shine brightly, earning the coveted label of strong buy stocks. Though divided on the market’s overall trajectory, the stock market punditry agrees on the bullish potential of the stocks discussed in this article. The appeal lies in a trifecta of strengths: strong earnings, formidable competitive edges and promising catalysts likely to boost stock prices.These stocks are a beacon for investors seeking refuge in this dodgy market. Paying heed t ...

DraftKings (DKNG) closed the most recent trading day at $38.69, moving +0.6% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.53% for the day. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq gained 0.19%.Coming into today, shares of the company had gained 7.46% in the past month. In that same time, the Consumer Discretionary sector gained 0.31%, while the S&P 500 gained 2.48%.The upcoming earnings release of DraftKings will be of great interest ...

Both brick-and-mortar and online gambling markets are indeed expanding. On the brick-and-mortar side, Japan and New York are adding new casinos, while Texas appears to be moving in that direction. And on the online side, new American states are constantly legalizing betting. Also importantly, gambling has always been and will always be a very popular activity. As a result of these developments, the top and bottom lines of many gambling companies will explode over the longer term. Consequently, long-term inv ...

DraftKings (NASDAQ:DKNG) stock is looking to close in the green Wednesday as the sportsbook company inches closer to a deal with Barstool Sports. Indeed, it appears the media company is in advanced talks on a broad sports betting contract with DraftKings, per several anonymous sources.The deal would make Barstool a DraftKings marketer, promoting its sports odds and earning referral fees to its sportsbook. However, the opposite likely wouldn’t apply as Barstool wouldn’t attach its brand to a sportsbook or be ...