Mon, January 27, 2025
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Sun, January 26, 2025
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Cramer's Take on DraftKings (DKNG): Is the Worst Behind?

Stocks to Buy or Sell. In this article, we are going to take a look at where DraftKings Inc. (NASDAQ:DKNG) stands against other stocks to buy and sell highlighted in Jim Cramer's latest calls. Jim Cramer in a latest program on CNBC reminded viewers
Jim Cramer, host of CNBC's "Mad Money," has expressed a highly critical view on DraftKings (DKNG), labeling it as the "worst behind" in the stock market. In his analysis, Cramer highlights several concerns about DraftKings, including its high valuation, lack of profitability, and the competitive pressures within the online gambling industry. He points out that despite the company's aggressive marketing and expansion efforts, DraftKings has yet to demonstrate a sustainable path to profitability, which raises doubts about its long-term viability. Cramer also mentions the regulatory risks and the potential for market saturation, suggesting that investors should be cautious about the stock's future performance. His overall sentiment is one of skepticism, urging investors to look elsewhere for more promising investment opportunities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/cramer-s-take-on-draftkings-dkng-is-the-worst-behind/ar-AA1xTD0I ]