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Daily Archives: July 7, 2010

Sysco (SYY): An Undervalued Food Stock

July 7, 2010
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Moving on to the market, we got a nice rally today, but one swallow does not make a summer (Aristotle) and one up day doesn’t make a bull market.  But the rotten sentiment levels–which may have reached a nadir last week–mean there are plenty of stocks trading at bargain prices out there. One worth investing in is Sysco (SYY) the leading distributor of food and related stuff to restaurants, hospitals, hotels and schools. It’s a favorite of Roy Ward, editor of Cabot Benjamin Graham Value Letter, who recently added it to his Wise Owl Portfolio and wrote this: “SYY...

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