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

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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 3.0%. By the end of trading, Sysco Corporation fell $0.57 (-1.6%) to $34.51 on heavy volume. Throughout the day, 8,399,842 shares of Sysco Corporation exchanged hands as compared to its average daily volume of 5,097,500 shares. The stock ranged in price between $34.24-$35.08 after having opened the day at $35.07 as compared to the previous trading day's close of $35.08. Other companies within the Wholesale industry that declined today were: China Metro-Rural Holdings ( CNR), down 15.7%, Empire Resources Incorporated ( ERS), down 12.2%, Commercial Vehicle Group ( CVGI), down 7.6% and VOXX International ( VOXX), down 7.2%.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. Sysco Corporation has a market cap of $20.4 billion and is part of the services sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are down 2.8% 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 7 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, increase in stock price during the past year, 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.

On the positive front, InfoSonics Corporation ( IFON), up 8.2%, Huttig Building Products ( HBP), up 3.5%, Crystal Rock Holdings ( CRVP), up 2.9% and Armco Metals Holdings ( AMCO), up 1.6%.

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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