Today’s Research Reports on Trending Tickers: Wynn Resorts and Vail Resorts

NEW YORK, NY / ACCESSWIRE / June 5, 2018 / Wall Street closed up Monday on the back of strong performances by the consumer discretionary and technology sectors. Investors appear to be focusing on positive economic data, instead of recent geopolitical concerns. The Dow Jones Industrial Average increased 0.72 percent to close at 24,813.69, while the S&P 500 Index climbed 0.45 percent to close at 2,746.87. The Nasdaq Composite Index was up 0.69 percent to close at 7,606.46.

“Latest economic reports indicate that consumers finally have confidence and extra income to spend on big-ticket items. Really low levels of unemployment and underemployment bode well for the retail sector and the market in general,” said Diane Jaffee, senior portfolio manager at TCW Group.

“It is always a plus to have a tech behemoth like Apple touching all-time highs, since Apple makes up such a huge part of all three major indices,” said Ken Berman, strategist at Gorilla Trades.

RDI Initiates Coverage on:

Wynn Resorts, Ltd.
https://rdinvesting.com/news/?ticker=WYNN

Vail Resorts, Inc.
https://rdinvesting.com/news/?ticker=MTN

Wynn Resorts’ stock moved 5.02% lower Monday, to close the day at $182.83. The stock recorded a trading volume of 5,766,892 shares, which was above its three months average volume of 2,536,404 shares. In the last year, Wynn Resorts’ shares have traded in a range of 124.11 – 203.63. The share price has gained 47.31% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $191.72 is greater than its 200-day moving average of $176.09. Shares of the company are trading at a Price to Earnings ratio of 25.11. Shares of Wynn Resorts have fallen roughly 4.98 percent in the past month and are up 8.45 percent year-to-date.

Access RDI’s Wynn Resorts, Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=WYNN

On Monday, shares of Vail Resorts recorded a trading volume of 586,516 shares, which was above the three months average volume of 317,870 shares. The stock ended the day 3.89% higher at 255.02. The share price has gained 29.14% from its 52-week low with a 52-week trading range of 197.48 – 255.02. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $234.08 is greater than its 200-day moving average of $223.97. Shares of Vail Resorts, Inc. are trading at a Price to Earnings ratio of 31.90. Shares of Vail Resorts have gained roughly 11.97 percent in the past month and are up 20.03 percent year-to-date.

Access RDI’s Vail Resorts, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MTN

Our Actionable Research on Wynn Resorts, Ltd. (NASDAQ:WYNN) and Vail Resorts, Inc. (NYSE:MTN) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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