The Ultimate Growth Stock to Buy With $1,000 Right Now

Determining the "ultimate" growth stock is a pretty tricky endeavor, but one can give it a shot. To make this pick, you need to factor in growth rates, earnings, forward guidance -- the whole nine yards. Even then, it's pretty tough to pick the ultimate growth stock. To me, I really like what's happening with DraftKings (NASDAQ: DKNG).Through the past few years, DraftKings has grown revenue but incurred fairly significant losses. Annual revenue has increased from $615 million in 2020 to $4.77 billion in 2024. The problem is that the company has lost billions in the process, which makes it hard for the stock to find big momentum, and that's why it has trailed the S&P 500 over the last five years.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool