Shortly after the opening bell, we'll be buying 125 shares of Wynn Resorts at roughly $102.85 each.
Following Thursday's trade, Jim Cramer's Charitable Trust will own 500 shares of WYNN, increasing its weighting to 1.55% from 1.17%.
Wynn shares traded in the $120s before Covid, and we continue to think the stock can get back to those levels as the recovery in Macao continues.
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons:
Jim Cramer's, WYNN, Stifel, Wynn, Jim Cramer, Jim
Organizations:
Wynn Resorts, WYNN, Vegas, Wynn, United, United Arab Emirates, CNBC
Locations:
Macao, buybacks, Vegas, United Arab, UAE, Covid