Sysco Corp: Seems To Be Doing Well

Sysco (SYY) reported decent earnings Monday. Even though the market had a sloppy open, SYY seems to be doing well.

For the company's September quarter, which is its first quarter, Sysco earned 43 cents a share which is a nice improvement over the 37 cents it made last year. Wall Street was looking for 42 cents a share.

Sysco is a very sound company although earnings growth has been sluggish over the past few years. Only lately has the company seem to come to life. The stock was on my short list to get booted from the Buy List next year, but now I'm not so sure.