When a stock holds enduring favor with a patient investor base and the stock is part of a sector that has enjoyed a big upswing in investor interest, that can be a powerful combination. That's about the only explanation that makes sense to me as to why Sysco (NYSE:SYY) shares are up more than 20% over the past year despite slowing sales and difficulties/delays in reducing operating costs. While Sysco remains a very good company, it's harder today for me to make the argument that it's an equally good stock.
To read more about Sysco, please click below:
http://www.investopedia.com/stock-analysis/050713/syscos-reputation-seems-more-durable-its-growth-syy-mcd-wen-cmg.aspx
Investopedia: Sysco's Reputation Seems More Durable Than Its Growth
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