Sysco should be an early cycle stock. One of the first things consumers do when their economic confidence rises is to go out to eat. We have been in this recession for nearly sixteen months. It will likely last a while longer, but since the market anticipates recovery I am expecting SYY to have a good 2009, especially from recent prices under $25. Yield is 4% and routine 30% ROE makes this a good defensive choice with upside appreciation potential.
A Look at Sysco and Aflac Earnings [View article]