Wynn Resorts

(

WYNN

) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 3.5%. By the end of trading, Wynn Resorts rose $7.58 (7.1%) to $114.60 on light volume. Throughout the day, 2.5 million shares of Wynn Resorts exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $112.36-$115.95 after having opened the day at $112.39 as compared to the previous trading day's close of $107.02. Other companies within the Leisure industry that increased today were:

AFC Enterprises Inc

(

AFCE

), up 14.5%,

Orbitz Worldwide Inc

(

OWW

), up 12.3%,

Canterbury Park Holding Corporation

(

CPHC

), up 11.1%, and

Bravo Brio Restaurant Group Inc

(

BBRG

), up 10.4%.

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 $13.49 billion and is part of the

services

sector. The company has a P/E ratio of 25.2, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Wynn as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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

(

PEJ

) while those bearish on the leisure industry could consider

ProShares Ultra Sht Consumer Services

(

SCC

).

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