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Sysco CorpSYYBUYApr 06, 2026Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
(A Top Pick Oct 9/15. Down 2.01%.) At the time he wanted to be a bit more defensive. October to May is really a cyclical time where you want to take on a lot of risk in your portfolio, but he was just not liking the market action, so was being fairly defensive at the time. On this stock, the average gain between Oct 10 to Dec 31 is about 9%, but this hit resistance at about $41.50. During the period of seasonal strength, it ended up with a marginal gain of about 0.12%.
When the company announced it was buying Jetro Restaurant Depot, the street dumped shares. This is wrong. This deal should increase SYY revenue by 20% and free cash flow by 55%. Before the deal, SYY was doing well.