{"id":633,"date":"2025-08-11T17:36:42","date_gmt":"2025-08-11T17:36:42","guid":{"rendered":"http:\/\/www.chuckwardrealestate.com\/?p=633"},"modified":"2025-09-22T12:09:52","modified_gmt":"2025-09-22T12:09:52","slug":"wynn-stock-can-double-over-five-years-could-lure-buyer-says-baron-capital","status":"publish","type":"post","link":"http:\/\/www.chuckwardrealestate.com\/index.php\/2025\/08\/11\/wynn-stock-can-double-over-five-years-could-lure-buyer-says-baron-capital\/","title":{"rendered":"Wynn Stock Can Double Over Five Years, Could Lure Buyer, Says Baron Capital"},"content":{"rendered":"<ul>\n<li><strong>Fund manager started new position in casino operator<\/strong><\/li>\n<li><strong>Sees Wynn stock valuation as favorable<\/strong><\/li>\n<li><strong>Says company isn\u2019t getting much credit for UAE project<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>Shares of Wynn Resorts (NASDAQ: WYNN) returned an impressive 44.5% over the past year, but some investors believe there\u2019s much more growth ahead &#8212; the kind that could reward patient market participants.<\/p>\n<figure id=\"attachment_339268\" aria-describedby=\"caption-attachment-339268\" data-style=\"width: 858px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-339268 size-post-thumbnail-858xAUTO lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\" width=\"858\" height=\"764\" data-src=\"http:\/\/www.chuckwardrealestate.com\/wp-content\/uploads\/2025\/09\/wynn-wikipedia-858x764-1.jpg\"><figcaption>Wynn Las Vegas. A fund manager says the stock can double over the next five years. (Image: Wikipedia)<\/figcaption><\/figure>\n<p>In its second-quarter commentary for <a href=\"https:\/\/seekingalpha.com\/article\/4804389-baron-discovery-fund-q2-2025-commentary#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link\">the Baron Discovery Fund<\/a>, Barron Capital said it initiated a position in Wynn stock early in the April through June period as the shares languished <a href=\"https:\/\/www.casino.org\/news\/tariff-tumult-casino-stocks-among-most-shorted-sp-500-names-in-april\/\">amid tariff concerns<\/a>. Wynn and Las Vegas Sands (NYSE: LVS) &#8212; two US-based operators that run a combined seven Macau integrated resorts &#8212; saw their stock slump in March and into early April amid fears that China <a href=\"https:\/\/www.casino.org\/news\/us-macau-concessionaries-not-at-high-risk-of-revenge-tariffs\/\">could retaliate against<\/a> US trade levies by possibly stripping US companies of Macau licenses.<\/p>\n<p>That didn\u2019t happen, and with the benefit of hindsight, investors, including Baron Capital, who embraced Wynn stock in early April have been rewarded.<\/p>\n<blockquote class=\"main-blockquote\">\n<p>We took advantage of this weakness by building a position at what we believed were attractive prices,\u201d notes the fund manager. \u201cOur analysis showed that we were buying the stock at trough valuation multiples on both the Las Vegas and Macau properties and we were getting the upside from the currently under construction Al Marjan Island project (located in the UAE) for essentially free.\u201d<\/p>\n<\/blockquote>\n<p>Wynn reported second-quarter results last week, with the shares retreating on data indicating VIP hold in Macau was tepid. That overshadowed better-than-expected results at the operator\u2019s Boston and Las Vegas Strip casino hotels.<\/p>\n<h2>Wynn is Different, May Be Alluring to Suitors<\/h2>\n<p>Baron points out that while Wynn stock has jumped since the fund manager\u2019s initial buy, the shares have the potential to double from here over the next five years. The asset manager adds, \u201cWynn\u2019s five-star quality resorts could potentially be attractive to an acquirer.\u201d<\/p>\n<div class=\"callout\">\n<p>Scuttlebutt regarding Wynn being a takeover target is long-running and hasn\u2019t produced a transaction as of yet. It\u2019s largely centered around the possibility of a private equity company or <a href=\"https:\/\/www.casino.org\/news\/fertitta-displeased-with-wynn-executives-share-price\/\">Tilman Fertitta<\/a> &#8212; Wynn\u2019s biggest shareholder &#8212; making a play for the operator. Baron Capital didn\u2019t mention either of those possibilities.<\/p>\n<\/div>\n<p>The fund manager believes much of the bull thesis on Wynn stock is actionable today, including the operator\u2019s ability to set itself apart from many of its rivals.<\/p>\n<p>\u201cWe believe Wynn remains the most differentiated operator in the gaming sector with a premium offering that caters to high-end customers,\u201d adds Baron. \u201cThis focus on premium service enables the company to command higher room rates and gaming revenue per visitor. This also helps to insulate the company during more challenging macroeconomic periods.\u201d<\/p>\n<h2>Wynn Deserves More UAE Respect<\/h2>\n<p>In stating its bull case for Wynn stock, Baron Capital echoed a familiar refrain: the operator deserves more credit for Wynn Al Marjan Island in the United Arab Emirates (UAE). That integrated resort is scheduled to open in early 2027 and will be the first regulated gaming venue in Middle East history.<\/p>\n<div class=\"callout\">\n<p>Gaming <a href=\"https:\/\/www.casino.org\/news\/wynn-uae-could-feature-more-casinos-than-expected\/\">won&#8217;t be the centerpiece<\/a> of the property, but there\u2019s no denying that the UAE\u2019s massive local wealth and its status as a prime destination for affluent international tourists are supportive of Wynn\u2019s efforts there. Plus, regulators there aren\u2019t expected to approve another casino license for at least several years, indicating Wynn Al Marjan Island will hold a multiyear monopoly.<\/p>\n<\/div>\n<p>\u201cThe property should generate strong demand from Dubai residents, Ras Al Khaimah vacationers, and direct international visitors. Construction is well underway, and the resort is on pace to open in the first quarter of 2027,\u201d observes Baron Capital. \u201cWe are bullish on the prospects for this integrated resort, and we think the stock is ascribing almost no value to the project currently.\u201d<\/p>\n<p>The post <a href=\"https:\/\/www.casino.org\/news\/wynn-stock-can-2x-over-five-years-could-lure-buyer-says-baron\/\">Wynn Stock Can Double Over Five Years, Could Lure Buyer, Says Baron Capital<\/a> appeared first on <a href=\"https:\/\/www.casino.org\/news\">Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fund manager started new position in casino operator Sees Wynn stock valuation as favorable Says company isn\u2019t getting much credit for UAE project Shares of Wynn Resorts (NASDAQ: WYNN) returned an impressive 44.5% over the past year, but some investors believe there\u2019s much more growth ahead &#8212; the kind that could reward patient market participants. Wynn Las Vegas. A fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/633"}],"collection":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":2,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"predecessor-version":[{"id":635,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/633\/revisions\/635"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}