Reported about 21 hours ago
During a recent episode of Mad Money, Jim Cramer discussed the future of DraftKings (NASDAQ: DKNG), indicating that its success hinges on the legalization of gambling in more states. Cramer urged investors to maintain a critical yet open-minded approach to the stock market, suggesting that opportunities often arise during periods of pessimism. While acknowledging the potential of DraftKings, he emphasized the need for states that currently prohibit gambling to legalize it for the company to thrive.
Source: YAHOO