2024-07-26 12:24:32 ET
Summary
- Wynn Resorts is undervalued despite strong recovery and growth opportunities, making it a buy.
- The majority of revenue comes from US properties and Wynn Macau, which is showing signs of recovery.
- Profitability is improving, but debt levels and interest rates pose risks to the stock's performance.
Wynn Resorts (WYNN) is right now at pandemic prices, even though we are now far away from 2021. I think the market is heavily overlooking the solidity and growth opportunities of the business for the years to come, hence my buy rating for WYNN....
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Wynn Resorts: The Best Diversified Bet In The Gaming Industry