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home / news releases / DKNG - DraftKings: One Of My Favorite Inflections Stocks I Own Heads Into Earnings

DKNG - DraftKings: One Of My Favorite Inflections Stocks I Own Heads Into Earnings

DraftKings Inc.

2024-04-22 10:48:04 ET

Summary

  • DraftKings is a top inflection stock with a clear path to increasing free cash flow.
  • The stock is cheaper than it seems and is expected to reach $65 per share by summer 2025.
  • The company's hyper-growth, profitability, and acquisition of Jackpocket contribute to its strong fundamentals.

Investment Thesis

DraftKings Inc. ( DKNG ) is one of my favorite inflection stocks. What's an inflection stock? It means a business that has a very clear path towards increasing its free cash flow....

For further details see:

DraftKings: One Of My Favorite Inflections Stocks I Own Heads Into Earnings
Stock Information
Company Name: DraftKings Inc.
Stock Symbol: DKNG
Market: NASDAQ
Website: draftkings.com
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