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home / news releases / PDYPF - DraftKings: Is This Stock Still A Buy At The Current Price?

PDYPF - DraftKings: Is This Stock Still A Buy At The Current Price?

Paddy Power Plc
  • DraftKings is a leading player in online sports betting and iGaming. Its most important rival is the leader FanDuel.
  • Despite that, DraftKings has managed to continue growing rapidly. Online sports betting is surely not just a COVID-19 phenomenon.
  • DraftKings has also made important acquisitions to boost its competitive moat. Moreover, it is now ready to commence national advertising.
  • We issued two timely buy calls on DKNG in July. However, with the stock now more than 20% above those buy points, we encourage some caution for now.

For further details see:

DraftKings: Is This Stock Still A Buy At The Current Price?
Stock Information
Company Name: Paddy Power Plc
Stock Symbol: PDYPF
Market: OTC
Website: flutter.com
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