You are receiving this email because you are subscribed to Daily Insider Trades. If you no longer wish to receive these emails, please unsubscribe here. |
|
|
Amid a backdrop of rising macroeconomic uncertainty, hawkish central banks, and volatile equity markets, a surprising pocket of resilience has emerged: sports betting stocks.
While major indices continue to struggle for footing, the sports gaming sector has managed to buck the broader downtrend, showing strength when most others falter.
According to analysts at Roth Capital Partners, the theme of sports betting is quietly outperforming. The Roundhill Sports Betting & iGaming ETF (BETZ), a benchmark for the space, is up nearly 2% in April—even as the S&P 500 has tumbled almost 9%.
For investors seeking growth in a risk-off environment, sports betting could offer a rare combination of momentum and macro-insulation. Here's three top stocks in the space that could help you ride this winning streak. |
DraftKings Inc. – SYM: DKNG
Recent Price: $33.74
Price Target: $58.81
Firms with Buy Rating: Morgan Stanley, Jefferies, Oppenheimer
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. Further, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT on marketplace. The company is headquartered in Boston, Massachusetts.
|
After President Trump's bombshell tariff announcement, millions of folks saw their wealth erased overnight. But Louis Navellier warns that the real threat to American livelihoods has nothing to do with tariffs — and could leave folks in danger long after the panic subsides. Click here to learn how to prepare. |
Rush Street Interactive, Inc. – SYM: RSI
Recent Price: $11.81
Price Target: $15.50
Firms with Buy Rating: Jefferies, Benchmark Co., Wells Fargo Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America. The company offers real-money online casino, online and retail sports betting, and social gaming services. It also provides full suite of games comprising bricks-and-mortar casinos, such as table games, slot machines, and poker games. The company offers its products under BetRivers, PlaySugarHouse, and RushBet brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois. Click here to continue reading the full article and see our last pick. |
|
|
Our mailing address is:
DC2 Publishing LLC
4260 NW 1st Avenue Suite # 55
Boca Raton, FL 33431 - 4264 Daily Insider Trades
Copyright © 2025 DC2 Publishing LLC, All rights reserved.
You're receiving this email as part of your subscription to Daily Insider Trades. For more information about our privacy practices, please review our Privacy Policy or our Terms of Use.
|
|
|
|
Post a Comment
Post a Comment