2Wk·

Draftkings Investment

Are any of you invested in Draftkings?

What do you think of the company?

If yes, why and if no, why not? Feel free to start a discussion ✌🏻 $DKNG (+1.47%)

5 Comments

Sansebastian@Sansebastian

2Wk

Are you invested? If not, please explain why.

•

user03@user03

2Wk

@Sansebastian No, not at the moment, reason:
I had other growth stocks in my portfolio that had an even stronger tech focus (Cloudflare, Snowflake), but in the meantime I am no longer convinced by the poorer figures, especially for the former. I also had Draftkings on the list at the time, but it was too high for me (was 2022-2023 in the period). In the meantime, the share price has slipped considerably and I'm now considering buying in. I find the market and the company very exciting, so please feel free to discuss here under the post.

••

Chris@Multibagger

2Wk

I've also had them before. Due to the high volatility, I see it more as a trading stock, which I would perhaps try again at €27. Otherwise I have $OPAP in my portfolio. They are developing more consistently and also have a good dividend.

•

user03@user03

2Wk

@Multibagger I've never heard of them before, strong share price development and that at a P/E ratio of 14. Draftkings has really strong growth figures, but unfortunately I see a lot of risks in the industry. You're probably right with your statement, more trading than fundamental stock

••

Chris@Multibagger

2Wk

@user03 and $OPAP also has a dividend of around 8% at the moment. I linked the wrong share. I don't have the ADR.

•