Wynn Resorts Ltd.: The Bear Case From a Bull

Wynn Resorts Ltd.: The Bear Case From a Bull

I've been a big fan of Wynn Resorts (NASDAQ: WYNN) for a long time, mainly because Steve Wynn always manages to build resorts that outperform their neighbors. And in recent years, the stock fell to a level where I thought it was a great value. 

But my bullishness doesn't mean I don't see risks ahead for Wynn Resorts. Here's the best case against owning the stock. 

Front view rendering of Wynn Palace in Macau. Image source: Wynn Resorts.

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Source: Fool.com