Wynn Resorts: 6 Reasons to Ante Up for the Stock
WYNNWynn Resorts(WYNN) MarketBeat·2024-07-08 21:51

Luxury casino resorts operator Wynn Resorts Ltd. NASDAQ: WYNN shares have fallen 4.7% year-to-date (YTD), trading closer to its 52-week lows at $81.65 than its 52-week highs of $112.25. The artificial intelligence (AI) boom has siphoned the bulk of investor money, leaving fledging casino stocks to severely underperform the S&P 500 index, up 16.69% YTD. However, this negative sentiment can also be seen as an opportunity for prudent investors who can smell a bargain. Here are six reasons to consider buying WY ...