|Last Price$37.80||Day Change (%)0.08%|
|Open Price$37.87||Day Change ($)0.03|
|Day Range37.73–37.95||52-Week Range31.13–43.40|
As of Wed 08/27/2014 01:39 PM EST | USD
Teamsters to Host Investor/Analyst Call on Sysco -US Foods Merger Antitrust Obstacles
Good morning and welcome to the Sysco's Third Quarter Fiscal 2014 Conference Call. As a reminder, today's call is being recorded.
UPDATE: Kinder Morgan soars, Tesla rallies on upgrade
With roughly two thirds of this sector enjoying a narrow or wide economic moat, we continue to find pockets of opportunity when short-term concerns outweigh our forecasted long-term growth trajectories.
Our top managers remain cautious, focusing more on relative valuation and increasing their willingness to book gains in the face of a rising (but potentially overvalued) market.
We wouldn't bet against Sysco's distinct competitive advantages longer term.
Morningstar StockInvestor editor Matt Coffina discusses recent additions to the Wide Moat Focus Index.
These managers are great stewards of shareholders' money.
Investors need to optimize total return with a good mix of dividend yield, growth, and quality, says Morningstar's Josh Peters.