
If you’re a sports fan, March means basketball. And if you’re a fan of the sports betting site FanDuel, it’s a good reason to pay attention to the stock of FanDuel’s parent company, Flutter Entertainment plc (NYSE: FLUT). After tumbling along with most consumer discretionary stocks in February, FLUT stock found support near its November 2024 low.
The stock is still trading right around its 200-day simple moving average (SMA) and near the bottom of its 50-day range, but it is showing a strong set-up backed by analysts who are raising their price targets. This makes FLUT stock a good bet if you’re looking for growth in 2025.