The Traderszone Network

Published in TZ Latest News 15 August, 2017 by The TZ Newswire Staff

Why Wynn Resorts Is Still a Growth Stock

Shares of Wynn Resorts (NASDAQ: WYNN) have surged 55% higher in 2017, driven by a recovery in Macau and renewed confidence that projects in Las Vegas and Boston will pay off in the end. And with Wynn’s growing debt load of $9.8 billion and net debt of $7.0 billion, it’s important for the company to continue to grow. 

What investors should keep in mind is that there’s a lot of potential ahead. And Wynn could be much bigger than it is today just a few years from now. 

Image source: Getty Images.

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