Cramer says this casino operator is firing on ‘all cylinders’ as its most-important region recovers


Source: cnbc.com cnbc.com

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Casino operator Wynn Resorts (WYNN) is firing on "all cylinders," CNBC's Jim Cramer said Thursday, one day after second-quarter strength at the company's properties in both the U.S. and the special Chinese administrative region of Macau. Wynn's results for the three months ended June 30 topped Wall Street estimates on the top and bottom lines. Shares of Wynnn on Thursday climbed more than 3%, to roughly $105 each. "We do have signs that ... the Chinese gamblers are coming back, and that's great news for Wynn," Cramer said on "Squawk on the Street." Cramer's Charitable Trust — the portfolio used...