In this video, I will talk about DraftKings (NASDAQ: DKNG), one of the highest-conviction stocks in Cathie Wood's Ark Invest portfolio. The stock is up 200% this year and could double from today's price in 2024.
*Stock prices used were from the trading day of Dec. 15, 2023. The video was published on Dec. 18, 2023.
Should you invest $1,000 in DraftKings right now?
Before you buy stock in DraftKings, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and DraftKings wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
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Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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