Jim Cramer Says He Likes DraftKings Very Much

DraftKings Inc. (NASDAQ:DKNG) is one of the stocks Jim Cramer recently discussed. A caller asked for Cramer’s opinion on the stock, and here’s what Mad Money’s host had to say:

“Well, look, I happen to like DraftKings very much. Now, the problem is obviously that the people are beginning to worry whether gambling again is honest. I think gambling is honest. I think Jason Robins is honest. I think there’s always going to be dishonesty in fraud. Wherever you go, you can’t game fraud. It does occur, and I just think that it’s just something that happens. But the DraftKings, if they get Texas, Florida, and California, wow, it’ll be terrific.”

Courtesy of Draftkings

DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company that provides online sports betting, fantasy sports, iGaming, and retail sportsbooks. In addition, the company develops gaming software and operates the DraftKings Marketplace that offers a digital collectibles platform.

While we acknowledge the risk and potential of DKNG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DKNG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.