Wynn Resorts Ltd (WYNN): Today's Featured Leisure Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 0.7%. By the end of trading, Wynn Resorts rose $1.80 (1.4%) to $133.07 on average volume. Throughout the day, 1,175,437 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1,320,500 shares. The stock ranged in a price between $131.90-$134.34 after having opened the day at $132.50 as compared to the previous trading day's close of $131.27. Other companies within the Leisure industry that increased today were:
(
), up 18.3%,
(
), up 11.0%,
(
), up 9.6% and
(
), up 8.7%.
Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $13.2 billion and is part of the services sector. Shares are up 16.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Wynn Resorts
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Wynn Resorts Ratings Report.
On the negative front,
(
), down 4.7%,
(
), down 4.4%,
(
), down 4.3% and
(
), down 3.6% , were all laggards within the leisure industry with
(
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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