Is Sysco (SYY) Still Attractive After Its Strong Share Price Run?
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If you are wondering whether Sysco is still reasonably priced after a strong run, this article will walk through what its current share price could mean for long term investors.
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Sysco’s stock recently closed at US$86.53, with returns of 3.2% over 7 days, 16.5% over 30 days, 19.2% year to date, 25.1% over 1 year, 21.1% over 3 years and 29.2% over 5 years. These figures raise fair questions about what is already reflected in the price.
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Recent Sysco headlines have focused on its role as a major foodservice distributor, its scale in serving restaurants, hospitality and institutional clients, and how that positioning can…
