Sysco Corporation

(

SYY

) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Sysco Corporation fell 16 cents (-0.6%) to $28.31 on light volume. Throughout the day, 2.6 million shares of Sysco Corporation exchanged hands as compared to its average daily volume of 4.4 million shares. The stock ranged in price between $28.23-$28.64 after having opened the day at $28.55 as compared to the previous trading day's close of $28.47. Other company's within the Wholesale industry that declined today were:

China Auto Logistics

(

CALI

), down 13.9%,

Watsco

(

WSO.B

), down 13.2%,

Tessco Technologies

(

TESS

), down 12.6%, and

Watsco

(

WSO

), down 12.2%.

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Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of a range of food and related products primarily to the foodservice or food-away-from-home industry. Sysco Corporation has a market cap of $16.91 billion and is part of the

services

sector. The company has a P/E ratio of 14.6, below the average wholesale industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Tuesday. Currently there are two analysts that rate Sysco Corporation a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Sysco Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Armco Metals Holdings

(

CNAM

), up 10.9%,

Hudson Technology

(

HDSN

), up 8.9%,

SED International Holdings

(

SED

), up 5.3%, and

Senomyx

(

SNMX

), up 4%, were all gainers within the wholesale industry with

Henry Schein

(

HSIC

) being today's featured wholesale industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider

iShares Dow Jones US Cons Goods

(

IYK

) while those bearish on the wholesale industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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