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