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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Sysco Corporation ( SYY) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Sysco Corporation fell $2.02 (-5.8%) to $32.99 on heavy volume. Throughout the day, 14,234,960 shares of Sysco Corporation exchanged hands as compared to its average daily volume of 2,974,800 shares. The stock ranged in price between $32.76-$34.48 after having opened the day at $34.30 as compared to the previous trading day's close of $35.01. Other companies within the Wholesale industry that declined today were: Taitron Components Inc. Class A ( TAIT), down 5.4%, Edgen Group ( EDG), down 4.6%, Hudson Technology ( HDSN), down 3.3% and Forward Industries ( FORD), down 3.1%.

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 $20.7 billion and is part of the services sector. Shares are up 10.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Sysco Corporation a buy, 2 analysts rate it a sell, and 6 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, 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.

On the positive front, InfoSonics Corporation ( IFON), up 11.9%, China Metro-Rural Holdings ( CNR), up 7.1%, Armco Metals Holdings ( AMCO), up 5.4% and Armco Metals Holdings ( CNAM), up 5.4% , were all gainers within the wholesale industry with LKQ Corporation ( LKQ) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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