WYNN: Adding Wynn Resorts to Investing Ideas (Long Side)
06/04/18 03:48PM EDT
Below is a brief note from CEO Keith McCullough on why we're adding Wynn Resorts to the long side of Investing Ideas today:
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Wynn Resorts (WYNN) down -5.5% today with some Old Wall analysts saying the VIP Business disappointment in May means they are going to miss the quarter.
But our Gaming Ace, Todd Jordan, thinks it's all due to "luck" (at the casino). When the analysts normalize for low hold, it will be a beat.
Buy on red,
KM
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