WYNN
Wynn Resorts$82.51live · 9h agoTotal predictions
4
Hit rate
N/A
0 hits, 0 misses, 0 partial
Pending
1
Bull / Bear
4 / 0
direction split
YouTubers covered
1
Not enough data to plot yet.
Predictions (4)
Financial Education4 callsBullish
Jeremy sees Wynn Resorts as an opportunity after enduring multiple headwinds this decade (COVID, Macau shutdowns, high rates), believing conditions will improve over coming years aided by Macau strength and a new Middle East property.
Earlier theses (3)
Jeremy argues Wynn is an extremely rate-sensitive stock that will go through a huge rally once oil prices and interest rates peak and begin declining. He stresses the importance of positioning before the company's upcoming Middle East property opens.
He wants to build a large contrarian position in Wynn Resorts, arguing the stock is depressed due to higher interest rates and expensive airfare, despite catering to wealthy customers unaffected by these costs. He also highlights Wynn's strong balance sheet and an upcoming Middle East property opening next year.
The host views Wynn Resorts as a fundamentally misunderstood, undervalued company with unmatched luxury positioning in Las Vegas, valuable Macau properties, and a promising new Middle East resort. He considers the stock a buy under $100 but does not give a specific future price target.