DraftKings stock has left Nvidia in the dust this year, and the winning streak can continue

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Nvidia ($NVDA) stock has surged 227% this year, thanks to soaring revenues and profits. Few companies have delivered better returns to their shareholders than this tech giant. One of them is DraftKings ($DKNG), the leader in online sports betting (OSB) and iGaming industries, with DKNG stock rallying 240% YTD, making it one of the year's best-performing stocks.

This stellar return is driven by impressive top and bottom line performance. DraftKings' revenue growth has exceeded all analyst estimates, and progress toward profitability has been so strong that despite the huge rally, short interest remains very low, with only about 5% of DraftKings shares sold short. In other words, short sellers are not betting against the stock due to the company’s stellar fundamental performance. Here’s what you need to know about this highflyer.

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