Shares of Wynn Resorts (WYNN) - Get Wynn Resorts, Limited (WYNN) Report have fallen more than 2% on Monday, despite an upgrade from UBS to buy from hold, based on improved fundamentals in Macau and Las Vegas.

The stock is up more than 21% for the year to date.

The numbers at Wynn Resorts are "done going down. [Chief Executive] Steve Wynn has done a remarkable job," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment.


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"I would say that on any pullback, the numbers are so good, that going forward you want to own it," Cramer said, noting that "there are a lot of easier comparisons coming, either because of the dollar or because of China."

Macau gaming revenue at Wynn Resorts last month declined by just 0.1%, which is much improved from a year-over-year decline of 32% in November.

"Wynn is the kind of stock that if you can get that in the $70s, I think you do fabulous," Cramer said. Shares currently trade around $84.

At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.