Wynn Resorts (NASDAQ:WYNN) is going through a bad patch which looks very ugly on the surface. The fourth quarter had nothing to offer for the company except a 25 percent loss on the stock market. On surface it looks pretty bad but there are certain positives about the stock that might not be evident, but on a closer inspection investors will realize that sticking to Wynn Resorts (NASDAQ:WYNN) is a reasonable choice. This means that there is absolutely nothing for short term investors, since all the perks are strictly exclusive to the long term.
Wynn Resorts (NASDAQ:WYNN) is launching its Palace in Macau which will be bigger than properties of Vegas and other properties in Macau. The palace will have 1,700 hotel rooms and 500 gaming tables with the investment of 4 billion dollars. Another venue called Wynn Diamond will be an entertainment center, albeit on a grand level. The palace and the Wynn Diamond are expected to make a large profit giving a huge boost to the stock. The long term investors should rejoice because the palace will be like a gold mine for them. In the mean time, they should stick to the stock, even if it is turbulent.
Wynn Resorts (NASDAQ:WYNN), after a bad fourth quarter, is now focusing upon attracting the mass market to the resorts rather than the VIP market. The mass market will push the revenue up, because the visitors will increase manifold. The VIP market has been dwindling for quite some time and it was evident in the fourth quarter that the VIP market wasn’t holding up. Now Wynn Resorts (NASDAQ:WYNN) has learnt from its mistakes of the past and is remedying the situation by designing its whole campaign directed towards the mass market.
We mentioned that there isn’t much for short term investors in this stock, but we weren’t counting dividends at that time. Wynn Resorts (NASDAQ:WYNN) offer healthy dividends to its investors, to keep them happy while they stay loyal to the stock. Short term investors who are afraid that they won’t be compensated should keep this in mind that whenever they want to bail out, Wynn Resorts (NASDAQ:WYNN) will compensate them and appreciate the stay. The dividends are usually designed to make the short term investors stay for a longer term. But if you want to drop the stock, you can walk out with your share from the dividends.
Wynn Resorts (NASDAQ:WYNN) offer healthy prospects for the future but the condition is one has to be patient. But if patience isn’t one of your strongest traits, you can always walk out with the cut from the dividends. It’s not a bad deal at all if you invest in Wynn Resorts (NASDAQ:WYNN), provided you are brave enough to take the risk. However the point to consider is, there’s risk in just about every stock these days, so why not Wynn Resorts (NASDAQ:WYNN)?
