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MarketBeat
MarketBeat
Business
Chris Markoch

March Madness: Flutter Stock Is a Solid Bet on Sustained Growth

[content-module:CompanyOverview|NYSE:FLUT]

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.

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