WYNN is a strong buy for the next 3-6 months due to its dominance in high-profitability global resort markets and significant undervaluation of assets relative to replacement costs.

The next one is Wynn Resorts. Anyway, Wynn Resorts has gotten to a point where I might be able to add it to the public account.

My main problem is that I have several stocks in my public account that I want to buy more shares of right now. So, when I have all the other stocks I've bought, it's a little difficult to buy Win again.

However, Win is now at 74. Speaking of the worst case scenario, if there is a major correction or crash in the market, I think it will drop from 59 to 64. And yes, this is a great stock to buy now.

It sure has been a disaster this year, hasn't it? However, I will give you a different perspective on thinking about it, because Win is very different from the stocks people usually buy.

Like, how many people have actually owned a resort company before? Not too much, okay?

So, I want to give you a different perspective on thinking about Wynn Resorts. And I'm not here to sell any stocks. You can buy whatever you want. I don't care. Do what you like, okay?

I want to share my thoughts on this stock, because I want to explain why I'm very interested in buying this stock now and growing this position over the next 3 to 6 months, okay?

So, when you buy Wynn Resorts, what are you actually getting? You are getting the most profitable resort in the United States. Think about how huge the United States is. Think about how many hotels and resorts there are in this country.

And considering that you're getting the most profitable resort in the entire United States, I think that's something to say. This is really great, isn't it?

When you buy Wynn Resorts, you're getting the number five and number ten most profitable resorts in Asia, right? And then, Wynn is opening one of their properties in the Middle East next year.

That property has a great chance of becoming the most profitable property in the entire Middle East.

And I would say, within two to three years of opening, it has a very high chance of being the most profitable property in the entire Middle East, right?

So, I think this is a powerful way to look at Wynn Resorts, not just looking at their net income, EBITDA, or other metrics like that. Like, what's it like when you have the most profitable resort in the entire United States?

What would it be like to own the most profitable property in the entire Middle East? And what if you had two of the top 10 most profitable resorts in all of Asia in your hands, right?

Think about it for a moment. This is a pretty big deal. Now, in addition, Wynn Resorts has about $1.6 billion in cash on its balance sheet. So, even if a recession situation arises, they will definitely be able to overcome it, there will be no problem, right?

And interestingly, Win's assets show the value of their property and equipment at $6.6 billion. I think this number is ridiculous, because if you were to rebuild Wynn's properties now, it would cost at least over $15 billion, including land prices and construction costs.

For example, do you know how much construction costs have increased since their properties were built? It will easily cost you over $15 billion. Yet their property and equipment inventory is worth $6.6 billion. So, I think it's quite intriguing, right?