Is Wynn Resorts Ltd. a Buy?
Wynn Resorts (NASDAQ: WYNN) is often overshadowed by its bigger rival Las Vegas Sands (NYSE: LVS), but Wynn's near-70% rally this year actually crushed Sands' 20% gain. Let's examine Wynn's strengths and weaknesses to see if it still has room to run.
Wynn's flagship Vegas properties -- The Mirage, Treasure Island, The Bellagio, and Wynn Las Vegas -- fueled the modern rebirth of the Vegas Strip as a tourist and family friendly destination which started in the late 1980s. After the Vegas market peaked, Wynn expanded into China with the Wynn Macau in 2006 and the Wynn Palace Cotai in 2016.
Macau, China. Source: Getty Images.
Source: Fool.com
Las Vegas Sands Corp. Stock
€36.09
-0.510%
With 23 Buy predictions and not a single Sell prediction Las Vegas Sands Corp. is an absolute favorite of our community.
As a result the target price of 55 € shows a very positive potential of 52.42% compared to the current price of 36.09 € for Las Vegas Sands Corp..
