jepittman

SYSCO Corporation: Dividend Stock Analysis

The lack of price performance is indeed frustrating and I suspect many investors have understandably reached the same conclusion as you. I believe that much of this is the result of anything consumer related being scorned by the vast majority of analysts and pundits. Its been pretty conventional wisdom for awhile now. Sometime within the next few quarters unemployment will start falling and consumers will start feeling better. One of the first things people do when they regain their financial confidence is go out to eat. It is a small ticket luxury virtually anyone can enjoy. I'm not suggesting you will get rich owning this and there are a lot of good investment opportunities out there but frankly there does not appear to me to be much downside risk in SYY at ~$25. In the heat of the recent panic it barely dipped below 20 and the market is up a lot more than SYY. The consumer will be back, the question is when - and SYY pays you a nice dividend that will likely grow while you wait for him.


On Oct 09 03:05 PM cosimdm wrote:

> I have owned Sysco in the past and have seen it's price go nowhere.
> I like the didvidend, but I would like to see a litttle price action
> after 10 years. I sold it.