Real-Time Alert of the Day: Wynn Resorts

09/27/17 12:51PM EDT

Hedgeye CEO Keith McCullough's Real-Time Alerts features buy, sell and cover stock and ETF signals selected from among our analyst's best stock ideas. Click here to learn more about Real-Time Alerts.

Real-Time Alert of the Day: Wynn Resorts - rta wynn

Wynn Resorts (WYNN) is one of our Gaming, Lodging & Leisure team's favorite stock ideas. On Monday, when the Nasdaq fell as much as -1.5% on the day, Hedgeye CEO Keith McCullough issued a "buy signal" to Real-Time Alerts subscribers. "Looking for tickers that are A) Immediate-term #oversold alongside the Nasdaq and B) are Best Ideas from our research team," McCullough wrote about Wynn Resorts.

Here's some insight from our Gaming, Lodging & Leisure team, led by analyst Todd Jordan:

"Table revenues improved meaningfully last week from the prior week and GGR seems to be trending better than Street expectations for September."

McCullough closed the signal on Wynn today with the stock up +3.5% (from the open to the close signal).

Real-Time Alert of the Day: Wynn Resorts - real time alerts

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