Put the Odds in Your Favor With This Casino Operator
Narrow-moat Wynn Resorts, which is currently trading at a discount, is best positioned to benefit from long-term growth in Macau.
Dan Wasiolek: Wynn Resorts (WYNN) might best be known for its luxury casinos in Las Vegas, but the key growth driver comes from the Macau region where it derives 60% of its profit.
Wynn is a narrow-moat company trading at a large discount to our fair value estimate, and we recommend investors consider shares.
Dan Wasiolek does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.