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Wynn Resorts, Limited (NASDAQ:WYNN) was among Jim Cramer’s Mad Money stock calls as he urged investors to exercise caution when it comes to red-hot AI stocks. A caller asked for Cramer’s take on the company, and he replied:

Yeah, they got that, you know, they got a problem over there in the Gulf. They got this big… deal that they spent a lot of money on, and I gotta hold off for now. I gotta wait to see what happens in that area.

A stock market chart. Photo by Arturo A on Pexels

Wynn Resorts, Limited (NASDAQ:WYNN) designs and operates luxury integrated resorts that include casino spaces, high-end hotel accommodations, and diverse entertainment attractions. These properties offer a variety of amenities, including fine dining, retail shops, convention facilities, and specialized leisure experiences like spas and nightclubs. During the episode aired on July 14, 2025, a caller inquired about the stock, and Cramer replied:

Oh, I think WYNN, you know, we were, we were at Wynn earlier this year, and I was very worried about China. I still am, but my, they’ve got a good thing going. Craig Billings is such a good manager. He’s actually terrific, and I’m glad to see that stock is finally starting to move. It’s still very inexpensive on a PE basis.

It is worth noting that since the above comment was aired, the company’s stock is down by nearly 14%.

While we acknowledge the potential of WYNN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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