Do Hedge Funds And Goldman Sachs Think Alike On These Promising Micro-Driven Stocks?

4. Wynn Resorts, Limited (NASDAQ:WYNN)

Investors with Long Positions (as of June 30): 35

Aggregate Value of Investors’ Holdings (as of June 30): $1.24 Billion

Moving on, Wynn Resorts, Limited (NASDAQ:WYNN) has seen its market capitalization dwindle by 60% year-to-date. However, it was Goldman’s top stock pick on its list with a dispersion score of 5.6 and an upside potential of 89%. During the second quarter when the stock lost 21.3%, the number of hedge funds tracked by Insider Monkey that were long in the company went up by ten and the aggregate value of the stakes held by the hedge funds in the company also saw a 32.3% quarter-over-quarter jump, so hedge funds were extremely bullish on the stock as well. Several analysts that cover the stock also remain bullish on it, citing that the enormous decline that it has had since its peak of $245 in March of last year has made it an attractive buy. Billionaire investor David E. Shaw‘s firm D.E. Shaw more than doubled its stake in Wynn Resorts, Limited (NASDAQ:WYNN) during the April-June period to nearly 600,000 shares.