Sysco Reaches New 52-Week High (SYY)

NEW YORK ( TheStreet) -- Sysco Corporation (NYSE: SYY) hit a new 52-week high Monday as it is currently trading at $35.64, above its previous 52-week high of $35.62 with 213,424 shares traded as of 10:05 a.m. ET. Average volume has been 3.1 million shares over the past 30 days.

Sysco has a market cap of $21.04 billion and is part of the services sector and wholesale industry. Shares are up 12% year to date as of the close of trading on Friday.

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, good cash flow from operations and increase in stock price during the past year. 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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