21 Stocks on Jim Cramer’s Radar

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8. Wynn Resorts, Limited (NASDAQ:WYNN)

Number of Hedge Fund Holders: 64

Cramer remarked that he wants to hear Wynn Resorts, Limited (NASDAQ:WYNN) report that the current negativity surrounding the stock is just empty talk.

“We went to see Wynn Resorts when we were out in Vegas recently, and I know the stock’s been under some pressure. I’d love to hear that the negativity is all hot air.”

Wynn Resorts (NASDAQ:WYNN) creates and manages integrated resorts that feature luxury accommodations, gaming areas, spas, retail shops, dining options, and entertainment venues. The resorts include upscale hotels, private gaming rooms, and convention spaces. Nightview Capital stated the following regarding the company in its Q4 2024 investor letter:

“Travel and entertainment are transforming as consumers prioritize experiences over material goods. This isn’t a return to pre pandemic norms—it’s a reinvention of how we connect, explore, and enjoy life. Travelers seek uniqueness and personalization, while entertainment blends digital and physical realms to create new experiences. The companies leading this evolution are redefining tradition through innovation, delivering unforgettable moments to a new generation. These businesses are not just adapting—they’re shaping the future of the experience economy.

Wynn Resorts, Limited (NASDAQ:WYNN): Core Opportunity: Wynn Resorts combines world-class properties with exposure to Macau’s rebounding gaming market and emerging luxury travel trends. Recent development projects, combined with a re-valuation of the legacy portfolio place Wynn in a compelling and overlooked position.

Competitive Advantage: Revenue Growth: Wynn’s revenues have increased 2.5x since 2007, while free cash flow has grown to $1 billion annually, all while equity has remained flat.

Portfolio Expansion: New properties in Macau, Encore Boston Harbor, and upcoming projects in the Middle East and New York enhance its global footprint…” (Click here to read the full text)

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