Jim Cramer Flutter: "It's a Really Good Company"

Flutter Entertainment plc (NYSE:FLUT) is one of the stocks Jim Cramer answered questions about. A caller inquired what Cramer thinks of the stock during the lightning round, and in response, he said:

“Flutter, there is just, there is an incredible war to open accounts, I guess right now, because oh my God, Flutter keeps going down, and it’s a really good company. Gotta wait till that war ends, I think.”

Flutter Entertainment plc (NYSE:FLUT) runs sports betting and online gaming services across well-known brands like FanDuel, PokerStars, Betfair, Paddy Power, Sisal, and others. During the November 12 episode, Cramer discussed the company’s earnings, as he stated:

“What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online sports book reported what I call a mixed quarter with soft revenue, thanks to some adverse gambling outcomes, but also higher than expected earnings. At the same time, Flutter announced that it’s moving into the predictions market, much like we heard from DraftKings last week. Their platform, FanDuel Predicts, is launching next month in partnership with the CME Group.”

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Disclosure: None. This article is originally published at Insider Monkey.