5 Jim Cramer Stock Picks This Week

2. Wynn Resorts, Limited (NASDAQ:WYNN)

Upside Potential: 26.02%
Price target: $126.71

Wynn Resorts, Limited (NASDAQ:WYNN) is a company that designs, develops, and operates integrated resorts. Its core business revolves around offering private gaming salons and sky casinos. It also operates a luxury hotel tower. Cramer believes it is a strong buy at current levels as it continues to benefit from a surge in tourism and retail spending in resorts in Las Vegas and Macau.

Wynn Resorts, Limited (NASDAQ:WYNN) is fresh from delivering a net income of $105 million from a loss of $130 million in the same quarter last year. Its revenue was also up by 75% to $1.6 billion. With an average price target of $126.71, Wynn Resorts could rally by 26.02% from current levels.

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