Wynn Resorts Ltd (WYNN): Today's Featured Services Winner

Wynn Resorts ( WYNN) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 1.1%. By the end of trading, Wynn Resorts rose $4.19 (3.4%) to $128.90 on average volume. Throughout the day, 2.7 million shares of Wynn Resorts exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in a price between $125.84-$129.18 after having opened the day at $127.65 as compared to the previous trading day's close of $124.71. Other companies within the Services sector that increased today were: iParty Corporation ( IPT), up 24.7%, Sino-Global Shipping America ( SINO), up 21.2%, CIBT Education Group ( MBA), up 12.8%, and National American University Holdings ( NAUH), up 12.7%.

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 $12.59 billion and is part of the leisure industry. The company has a P/E ratio of 25.2, below the average leisure industry P/E ratio of 25.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, LodgeNet Interactive Corporation ( LNET), down 37%, DS Torm ( TRMD), down 18%, Iconix Brand Group ( ICON), down 14.6%, and Zipcar ( ZIP), down 10.8%, were all losers within the services sector with Southwest Airlines ( LUV) being today's services sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).
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