This Sports Betting Stock Is 'Terrific,' Jim Cramer Says - Accenture (NYSE:ACN)

Loading...Loading...On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends buying sports betting company DraftKings Inc. DKNG, proclaiming, “I think it's terrific.”On May 2, DraftKings reported first-quarter revenue of $1.18 billion, up 53% year-over-year. The revenue total beat a Street consensus estimate of$ 1.12 billion, according to data from Benzinga Pro. The global online sports betting market size had a value of roughly $54.6 billion in 2023. It’s projected to exceed$ 142 billion by 2032, per Z ...