1 Casino Stock to Buy in 2020 [The Motley Fool]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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wynnresorts.com
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Source: The Motley Fool
1 Casino Stock to Buy in 2020 There's hidden value in this casino stock. Among the major players, 2019's top-performing casino stocks were Caesars Entertainment and Eldorado Resorts , up 100% and 65%, respectively. But their performance was driven by a buyout that the market thought was beneficial for both companies. Another big buyout would be surprising in 2020, given how consolidated the industry has become. So investors should look at fundamental growth and underlying value that's yet to be unlocked in casino stocks. And it's value and growth that make Wynn Resorts ( NASDAQ:WYNN ) my top pick for 2020. After the turmoil surrounding Steve Wynn's departure , Wynn Resorts' stock had a great year in 2019. The stock rose 40%, outpacing rivals MGM Resorts , Las Vegas Sands , and Melco Resorts . However, while the stock did well, bouncing off a turmoil-driven low, operations weren't quite what investors may have hoped for. Revenue has been fairly flat the last two years, and Macao oper
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WYNN
News
- Wynn Resorts Stock Plunges After Casino Operator's Profit and Sales Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts, Limited (NASDAQ: WYNN) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $120.00 price target on the stock.MarketBeat
- Wynn Resorts Q3 Earnings & Revenues Miss Estimates, Stock Down [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts Bets $5 Billion On The World's Newest Themed Entertainment Hub [Forbes]Forbes
- Wynn Resorts, Limited (NASDAQ: WYNN) had its price target raised by analysts at JPMorgan Chase & Co. from $101.00 to $113.00. They now have an "overweight" rating on the stock.MarketBeat
WYNN
Earnings
- 11/4/24 - Miss
WYNN
Sec Filings
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- 10/3/24 - Form 8-K
- WYNN's page on the SEC website