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.
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).
