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.

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 0.4%. By the end of trading, Wynn Resorts rose $15.91 (7.9%) to $217.42 on heavy volume. Throughout the day, 4,784,901 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1,413,200 shares. The stock ranged in a price between $204.31-$219.91 after having opened the day at $205.27 as compared to the previous trading day's close of $201.51. Other companies within the Leisure industry that increased today were: Chipotle Mexican Grill ( CMG), up 11.7%, MakeMyTrip ( MMYT), up 10.5%, Boyd Gaming Corporation ( BYD), up 10.5% and Isle of Capri Casinos ( ISLE), up 8.6%.

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 $19.6 billion and is part of the services sector. The company has a P/E ratio of 31.4, above the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 7 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 revenue growth, notable return on equity, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Full House Resorts ( FLL), down 5.1%, Arcos Dorados Holdings ( ARCO), down 4.9%, Carrols Restaurant Group ( TAST), down 4.7% and Luby's ( LUB), down 4.2% , were all laggards within the leisure industry with Starbucks Corporation ( SBUX) being today's leisure industry laggard.

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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