DraftKings Inc. ($DKNG) has shown resilience in the stock market, closing up for two consecutive days despite a broader market downturn. Institutional ownership of the company has reached a record high, exceeding 82% of outstanding shares. Jim Cramer, a prominent market commentator, has endorsed DraftKings as a strong buy as the NFL playoffs commence, noting that while the company's fundamentals are solid, recent sports-based outcomes have not favored them. Cramer emphasized that the timing is advantageous for investors looking to enter the sports betting market during this peak season.