|Last Price$37.97||Day Change (%)-0.08%|
|Open Price$38.18||Day Change ($)-0.03|
|Day Range37.90–38.24||52-Week Range31.13–43.40|
As of Fri 09/19/2014 07:01 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.
Teamsters to Host Investor/Analyst Call on Sysco -US Foods Merger Antitrust Obstacles
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.
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.
This week: Baby steps in D.C., lululemon takes a hit, a wide moat gets wider, and more.
Expectations are muted for the upcoming earnings season, but investors need to focus on underlying company fundamentals and not on one quarter's worth of results, says DividendInvestor editor Josh Peters.