Jim Cramer on MGM Resorts: "I'm Actually Not Much of a Fan"

MGM Resorts International (NYSE:MGM) is one of the stocks Jim Cramer recently talked about. A caller asked if Cramer thinks MGM stock is a buy, sell, or hold, and he remarked:

“I’m actually not much of a fan, and that’s because, and particularly as of today, you’re getting a real chance to buy WYNN at a discount from where it was. The stock is down nine today, and I think WYNN is a very high-quality company, and it’s going to come back. I mean, they’re down because of what’s known as Golden Week data, which was weak. Probably get some downgrades tomorrow, buy, and I would take a shot at, not take, I would invest in WYNN tomorrow.”

MGM Resorts International (NYSE:MGM) operates casino resorts and provides gaming, hotels, dining, entertainment, and retail experiences. Moreover, the company provides online sports betting and iGaming.

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Disclosure: None. This article is originally published at Insider Monkey.