5 Best Rebound Stocks to Buy Right Now

2. Flutter Entertainment plc (NYSE:FLUT)

Flutter Entertainment plc (NYSE:FLUT) ranks among the best rebound stocks to buy right now. On March 13, Citizens maintained its Market Outperform rating and $195 price target for Flutter Entertainment plc (NYSE:FLUT). According to the firm, the company is looking to expand its prediction market platform, with an emphasis on high-quality products.

The company’s marketing spend could exceed $300 million by 2026 and will gradually accelerate in the latter half of the second quarter, meaning that the company plans to offer World Cup markets. This boost will keep up through the second half of 2026.

Meanwhile, on March 2, Bernstein SocGen Group reduced its price target for Flutter Entertainment plc (NYSE:FLUT) from $170 to $125 while retaining a Market Perform rating on the company’s shares. Analyst Ian Moore highlighted increasing competition for the company’s FanDuel brand in three main US online sports betting categories.

Flutter Entertainment plc (NYSE:FLUT) is an online sports betting and gaming company that operates internationally. Its iGaming portfolio includes blackjack, roulette, slot machines, poker, and rummy. It also offers sports-betting brands such as Betfair, Paddy Power, Sky Betting, Sportsbet, and FanDuel.