Jim Cramer Discussed These 11 Stocks

9. Rush Street Interactive, Inc. (NYSE:RSI)

Number of Hedge Fund Holders: 34

Rush Street Interactive, Inc. (NYSE:RSI) is one of the stocks that Jim Cramer discussed. Answering a caller’s query about the stock during the lightning round, Cramer said:

“Oh my god, it’s gaming. It’s doing really well, but again, it’s higher multiple than DraftKings, so I gotta send you to DraftKings because it’s a cheaper stock.”

Rush Street Interactive, Inc. (NYSE:RSI) is an online gaming company providing real-money casino, sports betting, and social gaming services. In the June quarter, the company reported a strong quarter beating the top and bottom line estimates and raised the full-year guidance in light of that. Rush Street Interactive, Inc. (NYSE:RSI) generated a revenue of $269.2 million and and posted a net income of $28.8 million in Q2. The company reported an EBITDA of $40.2 million, up 88% year-over-year.

For FY 2025, the company now expects revenue between $1.05 and $1.1 billion, with the midpoint of $1.075 billion representing a 16% growth year-over-year. Rush Street Interactive, Inc. (NYSE:RSI) expects adjusted EBITDA between $133 and $147 million, with the midpoint of $140 million representing a 51% increase year-over-year.