DraftKings: A Strong Buy According to Wall Street Analysts

DraftKings (DKNG) has an average brokerage recommendation of 1.43, with 25 Strong Buy and 3 Buy recommendations out of 34. While this suggests a strong positive bias, investors should not solely rely on brokerage recommendations. Instead, validate your own research or use a successful indicator like the Zacks Rank, which categorizes stocks into five groups based on earnings estimate revisions. The ABR should not be confused with the Zacks Rank, which is a quantitative model displayed in whole numbers (1-5).