Core Insights - Light & Wonder (LNW) is currently viewed as a stronger investment option compared to DraftKings (DKNG) for value investors seeking undervalued stocks [1][3][7] Valuation Metrics - LNW has a forward P/E ratio of 17.65, significantly lower than DKNG's forward P/E of 33.50, indicating LNW may be undervalued [5] - The PEG ratio for LNW is 0.63, while DKNG's PEG ratio is 0.64, suggesting LNW has a more favorable growth outlook relative to its valuation [5] - LNW's P/B ratio stands at 13.32, compared to DKNG's P/B of 45.31, further highlighting LNW's relative undervaluation [6] Earnings Outlook - LNW has a Zacks Rank of 1 (Strong Buy), indicating a stronger improvement in its earnings outlook compared to DKNG, which has a Zacks Rank of 3 (Hold) [3][7] - The overall valuation metrics and earnings outlook position LNW as the superior value option in the gaming sector [7]
LNW or DKNG: Which Is the Better Value Stock Right Now?