Jim Cramer on DraftKings: A Stock on the Rise

DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company that was highlighted by Jim Cramer during Mad Money. The company has finally started to gain momentum, with people around the world taking notice.

When asked by a caller if it's time to 'dump' their position in DraftKings, Cramer responded, 'This thing finally has momentum… It's step by step, inch by inch, it's going higher. I don't think you sell DraftKings. I actually think you buy DraftKings.'

DraftKings provides online sports betting, daily fantasy sports, and iGaming products, including blackjack, roulette, and slots. The company needs California, Florida, and Texas to change their minds and allow gambling in order to achieve full potential.

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