DraftKings Stock (DKNG) | Primed For Success in 2021

In this video I want to present to you what might be one of the best stocks to buy now, with over 3X current upside and with a 393% gain year-to-date, and it is still only priced at $53 which is a great long term play. I personally invest in this company and plan to buy more stock before the end of 2020 for long term holding. The company is DKNG, aka Draft Kings. This stock is one of my biggest plays for 2021, along with TWLO which I also see growing in the next 12-18 months.

What is DraftKings – simple – its an online sports betting platform with about 12 million of registered user accounts. They went public via a SPAC in April this year. Simple and yet very lucrative. This is a huge market and its only getting started. According to various estimates, the global online sports betting market is going to be worth anywhere from 120 to 250 billion dollars by 2027, and Draftkings, along with Fanduel, hold about 80% of this market right now.

The co-founders are still managing it, including the CEO who is one of the co founders. They took the company public in April, and never looked back. I really like the CEO, Jason Robins, this dude is not a bum, and he has a degree in economics and computer science. I look at it this way, this a qualified guy with a good education who took a company from a basement to a $20 billion market cap, during a global pandemic, without debt and with a great future ahead. Exactly my type of manager to BET on.

Everything you see and hear in this video is my own personal opinion and may be inaccurate or completely wrong. This video is purely for entertainment purposes and is not intended to be an advice of any type. These are my thoughts and opinions and in case you intended to invest in the stock market, please speak to your financial advisor first.

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Видео DraftKings Stock (DKNG) | Primed For Success in 2021 канала Tom Nash