|Last Price$37.65||Day Change (%)0.08%|
|Open Price$37.77||Day Change ($)0.03|
|Day Range37.64–38.06||52-Week Range32.11–43.40|
As of Wed 10/22/2014 03:46 PM EST | USD
Good morning and welcome to the Sysco's Third Quarter Fiscal 2014 Conference Call. As a reminder, today's call is being recorded.
Ballard Announces Multi-Year Fuel Cell Supply Agreement With Plug Power For Forklift Market
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.
These managers are great stewards of shareholders' money.
We wouldn't bet against Sysco's distinct competitive advantages longer term.
Investors need to optimize total return with a good mix of dividend yield, growth, and quality, says Morningstar's Josh Peters.
This week: Baby steps in D.C., lululemon takes a hit, a wide moat gets wider, and more.
Are consumer staples stocks reaching an inflection point?