DKNG Stock: Is DraftKings a Falling Knife to Avoid?
Money-losing stocks like DraftKings haven’t done well in 2021. It’s down more than 50% from its 2021 highs. Does that make DKNG stock a buy?
Source: investorplace.com
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CHPT Stock: In a Burgeoning EV Field, Consider Looking Elsewhere
TPG Pace Beneficial Finance (NYSE: TPGY) — which means investors are going to have a lot of options once all of the SPACs merge with their targets. When I last wrote about ChargePoint on April 10, I re-emphasized that a buy in the mid-$20s ought to pay off for those willing to wait 12-24 months for their payday. However, you had to be patient. Now trading around $22.18 as of May 11, it goes without saying that the same caution applies. Perhaps, even more so, because the number of public EV companies is about to get a lot larger. For risk-averse investors, I’d consider an exchange-traded f...
Source: investorplace.com
Casino Efforts Continue in the State of Texas
January 21, 2021, 3:13 pm · The US casino industry generally considers Texas to be the golden goose. But the problem with developing gaming properties in the state come from its sturdy economic situation. As many other states, Texas suffered from the coronavirus pandemic as well. The situation is not as bad as it is in other US regions but still the Lone Star State is suffering some loses. Lawmakers see gaming and cannabis legislation as a compensation for those loses. However, a recent economic forecast removes the concerns, according to Executive Editor of ...
Source: casinonewsdaily.com