DKNG
🚀 DraftKings is a new addition to the portfolio, tapping into the online sports betting market.
📈 The company achieved its first profitable year recently, with significant growth expected.
💰 Sales are robust, with forecasts indicating up to 50% growth in upcoming quarters.
✅ The stock shows a promising cup-and-handle pattern, signaling potential for further gains.
@VisionariosBolsa:
“DraftKings is a company that presented results this week. DraftKings is basically an online betting company, a typical online betting house that is well-known in the United States and is also becoming very well-known worldwide. It wasn’t profitable until 2023, but this past year, it closed its first profitable year. It is expected that for 2025, profitability will increase by 143%, and for the following year, it is expected that the profit will be 158% higher than that of 2020. We are seeing a 13% increase in sales this last quarter. We entered the stock on Thursday at market close. It is very likely that we will see a week of continuation because it broke out at the end of the week, closing the week at the highs of the day, at 52-week highs, at absolute highs.”
Watch the exact part of the video where @VisionariosBolsa talks about DraftKings here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of DraftKings (DKNG) at this link: DKNG stock.
