Why Wynn Resorts Is Heading To $150 And Investors

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Shares of Wynn Resorts, Limited (NASDAQ:WYNN) broke out of a one year range with sites on $150. The current price is only $114.65 and the upside target could be seen in weeks. Why? Simply put, Las Vegas just got a lot more interested. The NFL football team, Oakland Raiders just announced they were moving to Vegas. This brings a whole new reason for 60,000 fans to flood to Las Vegas eight times a year (8 home games). The extra hotel stays and gambling will be a welcome addition to Wynn Resorts as well as Las Vegas Sands (NYSE:LAS) and others. The range break on Wynn seals the deal on a technical chart basis as well. See you at $150!

Wynn Resorts strong buy after NFL Raiders move to Las Vegas

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