The Latest Breaking News from SYY

The food industry enjoys stable demand irrespective of economic conditions. As food stocks tend to be relatively defensive in times of downturns, we think fundamentally strong Sysco (SYY), Grupo Bimbo (GRBMF), and Glanbia (GLAPY) are worth buying now. Keep reading.

The stock market’s outlook seems choppy as investors weigh data on the state of the economy, labor market, and future rate increases by the Federal Reserve. With more volatility expected for the near term, one should consider safeguarding their portfolios with fundamentally sound stocks Coca-Cola (KO), Bristol-Myers Squibb (BMY), and…

While the cooling price pressures have boosted investors’ sentiments this year, inflation is still far from the Fed’s target. Moreover, with recession possibilities still not off the table, quality dividend-paying stocks Gilead Sciences (GILD), Honda Motor (HMC), and Sysco (SYY) might be ideal buys now. Also, these stocks could be…

The stock market witnessed a solid start this year amid improving investors’ optimism. Moreover, experts see increased chances of a soft landing. So, fundamentally strong stocks Merck (MRK), Novartis (NVS), Sysco (SYY), Progress Software (PRGS), and LSI Industries (LYTS) could be solid buys now. These stocks pay consistent dividends. Read…

The food makers industry is expected to remain robust due to steady demand and technological advancements. Therefore, food stocks Sysco (SYY) and US Foods Holding (USFD) might be solid buys. However, fundamentally weak Utz Brands (UTZ) and Smart for Life (SMFL) might be best avoided. Read on.

The Fed’s intention to keep raising interest rates despite the cooling down of inflation could eventually lead to the economy witnessing a recession. Moreover, the World Bank lowered its 2023 global growth forecast by almost half, citing deteriorating economic conditions. Hence, it could be wise to invest in fundamentally sound…

The relatively mild December inflation report eased some worries over the Fed’s aggressive monetary tightening. As the current market pressures show signs of receding, growth stocks could rebound strongly. Therefore, investors could buy fundamentally sound growth stocks Sysco Corp. (SYY) and Universal Logistics Holdings (ULH) that could soar in 2023.…

Despite inflation slowing down, it is still far from the Fed's target. While the pace of rate hikes might slow, the Fed is expected to continue with the increases this year. Therefore, fundamentally sound stocks Sysco (SYY), Cardinal Health (CAH), and Sisecam Resources (SIRE), which pay a steady dividend, might…

With the Fed expected to keep rates higher throughout this year, the odds of the economy tipping into a recession are rising. Amid ongoing macroeconomic uncertainties, investors may consider buying companies with reliable performance over the years for solid long-term returns. To that end, Pfizer (PFE), Johnson & Johnson (JNJ),…

With the Fed indicating that it will continue raising rates this year, the odds of the economy tipping into a recession are increasing. Despite uncertain economic conditions, food makers will likely witness steady demand. Therefore, we think fundamentally strong food makers stocks Sysco Corporation (SYY) and Campbell Soup (CPB) could…

Despite the uncertain macroeconomic environment, the food industry continues to witness high demand. Therefore, fundamentally sound food stocks Sysco (SYY), Flowers Foods (FLO), Pilgrim's Pride (PPC), and Tiger Brands (TBLMY) could be wise investments this year. Read on….