Sysco Reaches New 52-Week High (SYY)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Sysco Corporation (NYSE: SYY) hit a new 52-week high Monday as it is currently trading at $34.95, above its previous 52-week high of $34.92 with 587,245 shares traded as of 10:35 a.m. ET. Average volume has been 3.5 million shares over the past 30 days.

Sysco has a market cap of $20.23 billion and is part of the services sector and wholesale industry.

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.

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TheStreet Ratings rates Sysco 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, reasonable valuation levels, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Sysco Ratings Report.

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