Core Insights - Wynn Resorts, Limited (WYNN) is valued at a market cap of $12.9 billion and operates high-end integrated resorts, primarily in Las Vegas and Macau [1][2] Company Overview - WYNN is classified as a large-cap stock due to its market cap exceeding $10 billion, highlighting its size and influence in the resorts and casinos industry [2] - The company is recognized for its premium brand positioning and strong service quality, with significant exposure to high-end tourism and gaming demand, especially in Macau [2] Stock Performance - WYNN is currently trading 6.3% below its 52-week high of $134.72, reached on December 1, and has rallied 2.8% over the past three months, outperforming the Consumer Discretionary Select Sector SPDR Fund (XLY) which returned 1.2% [3] - Over the past 52 weeks, WYNN shares have surged 33.6%, significantly outpacing XLY's 3.4% increase, and on a year-to-date basis, shares are up 46.5% compared to XLY's 8.5% rise [4] Analyst Ratings - On December 1, shares of WYNN rose 3.7% after Goldman Sachs added the stock to its "Conviction Buy" list, citing strong performance in Las Vegas and improving conditions in Macau [5] - Goldman Sachs reiterated its "Buy" rating and set a price target of $145, supported by a 14.4% year-over-year increase in Macau gaming revenue for November, marking ten consecutive months of growth [5] Competitive Position - WYNN has outperformed its rival, Las Vegas Sands Corp. (LVS), which gained 24.4% over the past 52 weeks and 30.4% year-to-date [6]
How Is Wynn Resorts’ Stock Performance Compared to Other Consumer Discretionary Stocks?