Sportradar (SRAD) is experiencing strong growth and positive analyst sentiment.
Sportradar (SRAD) hit a new 52-week high, showing strong technical momentum and a 100% technical “Buy” signal. The stock has gained 150% over the past year and continues to display bullish signals. With a projected double-digit revenue growth, SRAD is valued at $30.8 billion in the sports betting and entertainment sector. Wall Street analysts and advisory sites are bullish on SRAD, with 14 “Strong Buy” ratings. However, MorningStar believes the stock is 29% overvalued. SRAD is volatile and speculative, so strict risk management is advised.
Read more at Yahoo Finance: This ‘Strong Buy’ Stock Is Seriously Flying Under the Radar