Tag: DKNG
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2 Gambling Stocks That are Cheaper Than a Super Bowl Ticket
Pay close attention to oversold gambling stocks, such as DraftKings and Flutter Entertainment – the weeks leading up to the Super Bowl are usually strong for the sports betting industry.
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3 Stocks With Heavy Insider Buying
Identifying stocks with heavy insider buying is a solid strategy for investors looking for potential momentum trades. The reason is simple. Insiders know their company the best. When they’re buying, there’s often a good reason for it. Usually it’s because they believe analysts are undervaluing their companies. In this article, I’m highlighting three stocks with…
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This Gambling Stock Could Make Crisis an Opportunity
DraftKings Inc. (NASDAQ: DKNG) has been a popular gambling stock as more states legalize online sports betting. However, over the last few weeks, DKNG stock has been under pressure. It’s down 14.9% in the month ending November 19. And the stock’s three-month decline is now approximately 35.5%. There are two primary, and perhaps related, reasons…
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3 Sector Stocks Seeing Heavy Insider Buying
For some investors, getting involved with sector stocks means buying an exchange-traded fund that holds a basket of stocks in the sector. That protects you from the risk of owning individual stocks. However, many investors wonder what’s the fun in that? They enjoy stock picking and the hunt for promising sector stocks. One metric to…