Why Wynn Resorts (WYNN) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [2][3][4] - Value Score identifies undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score assesses a company's future earnings and financial health to find sustainable growth opportunities [3] - Momentum Score evaluates price trends and earnings outlook to identify favorable buying opportunities [3] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [4] Zacks Rank and Its Importance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [5] - A total of over 800 stocks are rated, making it essential for investors to utilize Style Scores alongside the Zacks Rank for optimal stock selection [6] Stock Highlight: Wynn Resorts (WYNN) - Wynn Resorts, a leading casino resort operator, is currently rated 3 (Hold) with a VGM Score of A [8] - The company has a strong Momentum Style Score of A, with a recent share price increase of 0.1% over the past four weeks [8] - Analysts have raised earnings estimates for WYNN, with the Zacks Consensus Estimate increasing by $0.26 to $5.58 per share, and an average earnings surprise of 46.4% [8][9]