This story was originally published here.
DraftKings (NASDAQ:DKNG) was one of the first special purpose acquisition companies (SPACs) to hit it big in 2020. DKNG stock quintupled from the initial $10 offering price. It’s managed that even despite going public at a challenging time as the novel coronavirus wrecked live sports for most of the year.
Now, with professional leagues running again, DraftKings is enjoying record revenue, and the outlook is improving by the month. That said, some folks are cautious given the company’s large operating losses. However, for now, momentum still favors further gains.
DKNG stock’s bullish case stands out because the data on all fronts confirms the upward trend. DraftKings is enjoying strong growth, a great sporting line-up and rapid legalization of sports betting in additional states. So you have a good present story, an enticing catalyst for the next couple of quarters and a runway for growth beyond 2021 as well.
Let’s dig into each of these…
Story continues here.
Dump America’s Most Popular Brand NOW
During times of great volatility, investors often cling to what they’re familiar with… including the stocks of companies they know best.
Fear and conventional wisdom push people to the biggest brands.
But what if I told you that America’s top stock picker — a man with 40 recommendations that have gained at least 1,000% in his career — believes that America’s most popular brand is a “must sell” right now?
That’s exactly what Eric Fry is saying…
Because this giant of the past was doomed with or without the fear of a pandemic. Eric believes it’s one of 25 big-name stocks that are going to experience hard times, even if a coronavirus cure is found tomorrow.
And, remember, Eric is the legendary trader that accurately predicted the collapse of more than 70 stocks. That includes Cisco (fell 75% in a year after his prediction), Tyco (fell 74% in the year after his prediction), and Countrywide Financial (fell 87% in the two years after his prediction).
Instead, Eric believes anyone with money in the market should focus on four companies that are in position right now to help people capture huge market gains.
You probably haven’t heard of a single one of these firms…
But you will.
Get the facts for yourself and be one of the first to learn more about the four stocks you should buy right now… as well as the 25 companies you should sell immediately, on our website, here…
Regards,
Brian Hunt
CEO, InvestorPlace
P.S. Tune in to this video presentation now, while it is still available, and Eric will reveal what he believes will be his next 1,000% winner. The name, the ticker symbol, and why it’s such a screaming buy… it’s all in Eric’s presentation and FREE to view. Just keep in mind, this valuable information won’t be up on our website forever.
