Below is a brief note from Hedgeye CEO Keith McCullough on why we're adding Wynn Resorts (WYNN) back to the long side of Investing Ideas today:
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Looking for 4-letter tickers that are: A) immediate-term #oversold alongside QQQ and … B) are Best Ideas from our research team? One of Gaming, Lodging and Leisure analyst Todd Jordan's favorites right now is Wynn Resorts (WYNN) and his update on Macau was quite bullish this morning: "Table revenues improved meaningfully last week from the prior week and GGR seems to be trending better than Street expectations for September." Buyem on red (not when the Nasdaq is green at all-time highs like last Tuesday), KM |
Click here to read our analyst's original report on Wynn Resorts.
