What stocks benefit from NFL start

The start of the NFL season presents opportunities for investors to capitalize on the increased sports betting activity and the growth potential of companies involved in the NFL ecosystem. Here are the stocks that are likely to benefit from the NFL season's commencement:

1. DraftKings (NASDAQ: DKNG):
   • DraftKings is poised to benefit from the football season, as it has a track record of gaining about 5% during the football season, outpacing the broad market.
   • The company's improved outlook, new user growth, and tax mitigation strategies are expected to bolster its performance.
   • DraftKings is also expected to close its hold rate gap to FanDuel during the football season.
2. Electronic Arts (EA):
   • EA's College Football 25 game has had a strong start, being the best-selling game of 2024 so far.
   • The company is scheduled to hold an Investor Day on September 17, which could be a catalyst for further growth articulation.
3. Flutter Entertainment (NYSE: FLUT):
   • FanDuel, a part of Flutter Entertainment, has shown growth in key metrics, such as average revenue per monthly active user, indicating a competitive edge.
   • The company's leading position in online sports betting market share positions it well to benefit from the NFL season.
4. Caesars Entertainment (NASDAQ: CZR):
   • Caesars, through its acquisition of William Hill, has strengthened its position in the sports betting market.
   • The company is expected to leverage its sports betting operations to enhance its hold rates during the football season.

These stocks are not only expected to benefit from the NFL season's start but also have unique attributes that position them for growth. DraftKings and Electronic Arts are at the forefront of the sports betting and gaming industry, while Flutter Entertainment and Caesars Entertainment are key players in the sports betting market with established brands and strategic acquisitions. As the football season kicks off, these companies are well-positioned to capitalize on the increased sports activity and generate returns for investors.