3 Stocks That Could Be Easy Wealth Builders
Finding companies with dazzling backstories is easy. Picking investments that can actually build real wealth, however, is a different story. Most stocks end up being just average performers, at best. You want to own businesses that are not only better than average, but can remain better than average for long enough to really matter.
With that as the backdrop, here's a closer look at three prospects with above average potential to build real long-term wealth.
It's been a tough year for (NASDAQ: DKNG) shareholders. The sports-betting stock has been easily upended, once earlier in the year after the company paid out more wagering winnings than expected, then -- seemingly on the verge of a rebound -- it fell again in September after event-wagering platform Kalshi pushed its way further into the sports-betting market. November's dialed-back full-year revenue guidance didn't help any either. Never even mind concerns that the pace of state-based legalization of online sports-betting seems to be slowing down now that a majority of them allow it in one form or another.
Source Fool.com
DraftKings Inc. Stock
The stock is one of the favorites of our community with 83 Buy predictions and 1 Sell predictions.
Based on the current price of 18.31 € the target price of 44 € shows a potential of 140.25% for DraftKings Inc. which would more than double the current price.
