Wynn is a winner according to Ron Baron.

Ron Baron, CEO of Baron Capital which manages nearly $13B, strikes an optimistic note, telling Barron’s magazine this is the most attractive time to be an investor in his lifetime:

Stocks are cheap. They are down more than 40% from their peak in October of 2007, and that is in line with their profit decline. But stocks are now selling for less than their replacement cost — that is, what it costs to build the businesses or build the buildings. That’s very important because until profits go up and prices go up for the services of existing businesses, you aren’t going to get more competition.

Ron Baron is bullish on Wynn (NASDAQ: Wynn) because its debt load seems manageable. Trades for a low multiple on trough earnings. Well managed. (Chart looks good, too!)

Full story here

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.