Morgan Stanley Expects Interest Rate Trends to Shift Spending Away from Services Toward Goods

1 week ago 6

Maham Fatima

Tue, January 27, 2026 astatine 7:38 AM CST 2 min read

DraftKings Inc. (NASDAQ:DKNG) is 1 of the best US stocks to bargain and clasp successful 2026. On January 16, Morgan Stanley raised its terms people connected DraftKings to $53 from $50 with an Overweight rating. In a 2026 outlook report, the steadfast noted that the gaming, lodging, and leisure sectors saw sluggish maturation passim 2025. The fewer agleam spots were concentrated among businesses catering to an older demographic. For 2026, Morgan Stanley anticipates akin cardinal performance, though the steadfast expects rising involvement rates to displacement user spending distant from services and toward goods.

On January 14, Wells Fargo upgraded DraftKings Inc. (NASDAQ:DKNG) from Equal Weight to Overweight, raising the terms people from $31 to $49 arsenic portion of a 2026 integer gaming manufacture outlook. The steadfast remains optimistic astir the sector’s semipermanent maturation and projects important nett increases for 2026; however, Wells Fargo peculiarly highlighted DraftKings for its superior near-term potential.

Morgan Stanley Expects Interest Rate Trends to Shift Spending Away from Services Toward Goods

Photo by Robb Miller connected Unsplash

A time earlier the Wells Fargo rating, Truist accrued its terms people for DraftKings from $43 to $45 portion maintaining a Buy standing successful a 2026 preview of the US Gaming sector. The accommodation comes aft a volatile 2025, wherever macroeconomic concerns and fears surrounding prediction marketplace disruption weighed connected gaming stocks contempt their dependable underlying fundamentals. For 2026, the steadfast expects land-based gaming to stay stable, though a afloat betterment successful the Las Vegas marketplace remains uncertain.

DraftKings Inc. (NASDAQ:DKNG) operates arsenic a integer sports amusement and gaming institution successful the US and internationally. It besides offers DraftKings marketplace, a integer collectibles ecosystem designed for mainstream accessibility that offers curated NFTs connected the marketplace.

While we admit the imaginable of DKNG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.