ChatGPT Stock Predictions: 5 Stocks That Have 10X Potential

3. DraftKings Inc (NASDAQ:DKNG)

Number of Hedge Fund Investors: 55

ChatGPT stock predictions said DraftKings Inc (NASDAQ:DKNG) can grow in the future because sports betting is getting legal in several states and people are showing an increased interest in fantasy sports.

Goldman Sachs analyst Ben Miller recently started covering the stock with a Buy rating. The analyst, like ChatGPT, also believes the stock would grow as more states legalize sports betting.

Baron Discovery Fund stated the following regarding DraftKings Inc. (NASDAQ;DKNG) in its fourth quarter 2023 investor letter:

“We added to our position in DraftKings Inc. (NASDAQ;DKNG), the leading mobile sportsbook and gaming operator in the U.S. While we lowered our estimates for the fourth quarter due to lower hold in the month of November, it is important to keep in mind that while hold can be volatile from quarter to quarter, the company continues to slowly increase hold over time (primarily because of a higher percentage of the handle being in higher hold “parlay” bets). We continue to be attracted to DraftKing’s dominant market share and the scale advantages that come with this.”