In early 2014, luxury casino company Wynn Resorts (WYNN) traded up near $250/share, but by early 2016 the stock had fallen more than 75% to trade as low as $57.74.  When the stock dipped into the $60s, founder and CEO Steve Wynn began buying up a massive amount of shares.  Between December 2015 and January 2016, Wynn purchased roughly $95 million worth of his company’s shares for an average price of $60.70.  In less than a year and a half, Wynn has turned that $95 million purchase into $212 million as shares have jumped 120% to $134.

In early 2016, Bespoke also thought WYNN shares looked attractive.  On January 4th, 2016, we added the name to our Bespoke Model Portfolio at $67.03.  That trade is up over 100% as of today.

The Bespoke Model Portfolio is included with all three of our research packages for investors, and it’s a portfolio of our best growth stock ideas.  Since inception in May 2007, the portfolio is up 116% versus a gain of 59.5% for the S&P 500.  (As always, past performance is not a guarantee of future results.)  Below is a snapshot of the portfolio as it’s presented to our members, but only the WYNN position is shown.  We’ve redacted the remaining holdings — you have to be a member to see them!  Start a 14-day free trial to Bespoke Premium to become a member and see the Bespoke Model Portfolio now.  You’ll also get a 20% lifetime discount when you sign up today.

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