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 (7621) 

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 has detected 7 Warning Signs with Wynn Resorts Ltd $WYNN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon

User Generated Screeners

filmwatcherStable Dividend Growers
monomythJ Crew competition
WellrossFuture F Portfolio
marco.forzaniSHORT 2
pbarker4652 week low
samuelbfoxMini-Magic Screen
MNVBen's last filter 1
dellmsftInsider CEO Buying Reid
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)

GF Chat