BUY
Look at the recovery in Las Vegas. Okay, maybe a recession is coming, but the Wynn CEO is ready for one (though doesn't see one on the horizon). Last month, a big private investor took a big stake in Wynn (a good sign). Macro tailwinds: China will reopen.
entertainment services

Unlock the latest expert's opinion. Its free

Create a FREE account to see the latest opinions & get alerts about when to buy, sell or hold stocks

Unlock the latest opinion & get signals
BUY
They are outperforming markets--look at the one- and three-month charts. Las Vegas is killing it and that's where Wynn's value lies.
entertainment services
DON'T BUY
He is also worried about their operations in Macau. It's too early to buy Wynn. He regrets recommending this earlier. He didn't expect the Chinese government to mismanage their handling of Covid cases there.
entertainment services
BUY
He's still holding this at a loss. In terms of problem, it's been one thing or another, like Macau or recession talk (in the future). The canary in the coal mine are casino stocks. He believes inflation has peaked, though, so casinos could rip. He's bullish Wynn and casinos.
entertainment services
DON'T BUY
The issue all along has been Macau. Las Vegas is operating fine with Covid under control. But China has a zero tolerance policy towards Covid and this will make Macau uncertain. When will Macau really reopen and generate real revenues? He used to own this, but hesitates now.
entertainment services
BUY
It will be choppy trading for another month for sure as we digest inflation, including services inflation--inflation is broadening out into other categories. Not enough attention is being paid to retail sales--which are up--and homes sales are also up nicely. We have to wait--nobody knows where inflation is going. She's a long-term investor. Companies that performed best during earnings season are the ones she likes: Expedia, Wynn, Hilton. Would consider AmEx, Coke, McDonald's--if you get them on sale, you can leg into them and see how it goes.
entertainment services
DON'T BUY
It's dead money, but he didn't foresee Omicron and beiking cracking down on Macau casinos. He beats himself up on owning this. He hopes someone takes this company out, which would be its only salvation.
entertainment services
COMMENT
Among the biggest losers on the S&P in 2021 #8, down 25%. Like Las Vegas Sands. He's been wrong owning this. The Chinese government has made life difficult for Wynne. Its asset value is well above its stock price. This could be stuck in a rut--but worth the wait after Covid. Maybe.
entertainment services
BUY on WEAKNESS
A hated stock. Shares have been cut almost in half and will likely go lower. But it's oversold. Also, he thinks this will be acquired by an MGM or Las Vegas Sands. Hammered this week by the Omicron scare, but it's time to nibble. Buy on the way down, not up, and we buy long term. Don't chase, but invest. And expect this stock to fall a little more before it rises--you gotta start somewhere.
entertainment services
BUY
It got hit by the Covid variant and the Chinese government crackdown in Macau where WYNN has a lot of its operations. The valuation is so low now, so it's a bargain now. WYNN owns the most popular casino in Macau. You can buy some now and more when Omicron hits the U.S.
entertainment services
DON'T BUY
It reports Tuesday. It's a long-haul play, not short. Once gambling returns to Macau, then this stock soar. Until then--PAIN.
entertainment services
COMMENT
They report Wednesday. Wynn has serious operations in Macau, which has been under attack by China's government though China has become friendlier to American businesses lately. He won't know when things will lighten up there, but he's willing to wait. Their report could be bullish.
entertainment services
BUY

He added to this on the way down over a month ago, around $80. He has enough now. This is such a cheap call option on China, about 10% of their enterprise value. Rather, the value is in the U.S. operations which is doing gangbusters. Las Vegas room rates are 65% higher than in 2019. Shares are popping 5% today on news that Jim Cramer has bought shares.

entertainment services
BUY
They reported a good quarter on Monday, but also announced a spin-off of Wynn Interactive, their online sports betting business, to merge with SPAC Austerlitz Acquisition. This is one of the few quality SPACs, and this is a savvy move into online sports betting though there is a lot of competition in states that have legalized it. This won't dilute WYNN, but will benefit it.
entertainment services
BUY
The new CEO can handle the coming influx of new traffic from Chinese tourists flocking to its casino, and China's economy is strong. A reopening play.
entertainment services
Showing 1 to 15 of 51 entries

Wynne Resorts Ltd.(WYNN-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 8

Stockchase rating for Wynne Resorts Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Wynne Resorts Ltd.(WYNN-Q) Frequently Asked Questions

What is Wynne Resorts Ltd. stock symbol?

Wynne Resorts Ltd. is a American stock, trading under the symbol WYNN-Q on the NASDAQ (WYNN). It is usually referred to as NASDAQ:WYNN or WYNN-Q

Is Wynne Resorts Ltd. a buy or a sell?

In the last year, 8 stock analysts published opinions about WYNN-Q. 5 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wynne Resorts Ltd..

Is Wynne Resorts Ltd. a good investment or a top pick?

Wynne Resorts Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Wynne Resorts Ltd..

Why is Wynne Resorts Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Wynne Resorts Ltd. worth watching?

8 stock analysts on Stockchase covered Wynne Resorts Ltd. In the last year. It is a trending stock that is worth watching.

What is Wynne Resorts Ltd. stock price?

On 2022-11-25, Wynne Resorts Ltd. (WYNN-Q) stock closed at a price of $74.93.