3 Amazing Internet Stocks That Could Help Set You Up for Life [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
Much of what we take for granted today -- e-commerce, streaming video -- was awkward. So, given how far the internet has come in 30 years, imagine how far it may go in the next 30. What stocks are likely to soar as we move into the next phase of the internet? Here are three that I'm keeping my eyes on. Shopify I've been a fan of Shopify (NYSE: SHOP) for a long time. The company , which operates an e-commerce platform that helps businesses open and run online storefronts has been growing rapidly. Indeed, Shopify's trailing 12-month revenue skyrocketed from $1.3 billion in 2019 to $7.1 billion this year. Quarterly revenue growth averaged 48% over that same period. Granted, much of Spotify's rapid growth came during the pandemic's height. And while the company's growth has slowed in the years after , Spotify is still growing impressively. For example, in its most recent quarter (the three months ending on Dec. 31, 2023), the company reported revenue growth of 24%. What is m
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News
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at UBS Group AG from $56.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
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DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- DKNG's page on the SEC website