) was a big mover last session, as the company saw its shares rise
by nearly 10% on the day. The move came on solid volume too with
far more shares changing hands than in a normal session. This
breaks the recent near-flat trend for the company, as stock is now
trading above the volatile price range of $33.09 and $34.31.
This foodservice company has seen a mixed track record when it
comes to estimate revisions of 2 increases and 3 decreases over the
past 2 months. However, the Zacks Consensus Estimate moved lower
over the same time frame suggesting there may be trouble down the
road. So make sure to keep an eye on this stock going forward to
see if yesterday's move higher can last.
Sysco Corp. currently has a Zacks Rank #3 (Hold) while its
Investors interested in the food-miscellaneous/diversified industry
may consider stocks like
United Natural Foods, Inc.
Kerry Group plc
Omega Protein Corporation
). While United Natural Foods and Kerry Group hold a Zacks Rank #2
(Buy), Omega Protein carries a Zacks Rank #2 (Buy).
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