8 Best Sin Stocks to Buy in 2026

3. DraftKings Inc. (NASDAQ:DKNG)

Number of Hedge Fund Holders: 68

DraftKings Inc. (NASDAQ:DKNG) ranks among the best sins stocks to buy in 2026. Citing DraftKings Inc. (NASDAQ:DKNG)’s recent performance in the New York market, Benchmark reaffirmed its Buy rating and $37 price target on the company’s shares on December 1. Through Week 12 of this season, New York’s sports betting industry has shown strong year-over-year growth, with handle up 12.7% and revenue up 16.2% when compared to the same period last year.

Despite a somewhat weaker hold rate of 8.3% compared to the state average of 9.3%, DraftKings Inc. (NASDAQ:DKNG) has crossed the market when it comes of volume, with its handle up 15.6% year-over-year and revenue up 13.1%. According to Benchmark, the sports betting market in New York thrives on account of a balanced model where FanDuel supports margin expansion and DraftKings Inc. (NASDAQ:DKNG) promotes handle growth, resulting in an overall positive trend for the state’s betting outcomes.

Furthermore, DraftKings Inc. (NASDAQ:DKNG) is getting ready to extend its sports betting business to Missouri, where it planned to open a mobile sportsbook on December 1. The Missouri Gaming Commission has granted the company a temporary mobile sports wagering license, enabling it to function on its own. This license represents significant expansion for DraftKings Inc. (NASDAQ:DKNG), as Missouri becomes the 29th state where it provides regulated sports betting.

DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company that offers sports betting, digital lottery courier, daily fantasy sports, and other products. Additionally, it offers online casino games, including roulette, slot machines, blackjack, and baccarat.