Why Wynn Resorts Is the Hottest Casino Stock
Shares of Wynn Resorts (NASDAQ: WYNN) are up 84% in 2017 and 131% since the beginning of 2016, leading a recovery in casino stocks in Las Vegas and Macau. The stock gains have coincided with a jump in Macau's casino revenue overall and the buildout of Wynn's new resorts.
Given the tailwinds Wynn Resorts is seeing in the casino industry, the stock's strong run might not be over. Here's what investors should know about the last two years and what to look for in the future.
Rendering of Wynn Boston Harbor. Image source: Wynn Resorts.
Source: Fool.com
Wynn Resorts Ltd Stock
€82.50
-0.280%
With 19 Buy predictions and not the single Sell prediction the community is currently very high on Wynn Resorts Ltd.
As a result the target price of 116 € shows a positive potential of 40.61% compared to the current price of 82.5 € for Wynn Resorts Ltd.
