1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6445) 

Baron Funds Comments on Wynn Resorts

August 24, 2012 | About:

From Baron Funds' second quarter commentary:

Wynn Resorts Ltd. (NASDAQ:WYNN) is one of the finest casino operators with properties in Macau and Las Vegas. The shares decreased 16.6% in the second quarter as investors became concerned about slowing growth in Macau, leaving the firm as a whole on slower growth trajectory until it opens its Cotai project in early 2016. We continue to be bullish about Wynn's long term opportunities as the company has maintained its market share in Macau, despite increased competition. Additionally, we believe the stock price does not fully reflect the Okada redemption or its Cotai project, for which management recently received approval. (David Baron)

Rating: 0.0/5 (0 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

DBrizan22Oct2016 quality2
DBrizan22Oct2016 quality
DBrizanquality 22Oct2016
DBrizan"quality 21Oct2016
DBrizanquality 21Oct2016
HrZgScreen 1
gjg3000Real Estate F and EV
Doug TaylorNCAV
deloriesGreat Backtesting Portfolio 1
npapapanosno ROC
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)