Sysco Corporation (SYY): Today's Featured Wholesale Loser

Sysco Corporation ( SYY) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day down 0.9%. By the end of trading, Sysco Corporation fell 16 cents (-0.6%) to $28.90 on average volume. Throughout the day, 2.9 million shares of Sysco Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in price between $28.87-$29.08 after having opened the day at $29.07 as compared to the previous trading day's close of $29.06. Other company's within the Wholesale industry that declined today were: China Auto Logistics ( CALI), down 17.8%, LB Foster Company ( FSTR), down 5.4%, SRI Surgical Express ( STRC), down 4.3%, and Houston Wire & Cable Company ( HWCC), down 4.3%.

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. Currently there are three analysts that rate Sysco Corporation a buy, no analysts rate 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, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

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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