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Best Growth Stocks to Buy: DraftKings vs. Penn vs. Caesars Entertainment

By Parkev Tatevosian, CFA – Jul 12, 2023 at 10:20AM EST

These gaming operators are experiencing a boom as folks spend more on services.

Fool.com contributor Parkev Tatevosian compares DraftKings (DKNG 8.26%), Penn Entertainment (PENN 2.54%), and Caesars Entertainment (CZR 3.27%) to answer which is currently the best growth stock to buy.

*Stock prices used were the afternoon prices of July 9, 2023. The video was published on July 11, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends the following options: long January 2025 $25 calls on Penn Entertainment and short January 2025 $30 calls on Penn Entertainment. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Penn Entertainment Stock Quote

Penn Entertainment

NASDAQ: PENN
$14.21 (0.03%) $0.37
DraftKings Stock Quote

DraftKings

NASDAQ: DKNG
$32.53 (0.08%) $2.93
Caesars Entertainment Stock Quote

Caesars Entertainment

NASDAQ: CZR
$24.52 (0.03%) $0.83

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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