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I can't really buy into the case for Sysco. Sure, the P/E ratio looks good, but with a huge recession, high unemployment, and people largely fearful of spending more than they have to, dine-in restaurants would seemingly be in a poor position. Since Sysco makes its living selling food to restaurants, I wouldn't be surprised if the "E" doesn't look nearly as good as people think it will in the next year or so.
Oct 07 11:09 am
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All Comments by H.J. Huneycutt »SYSCO: Dividend Stock Analysis [View article]