DRE06 said:

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Look at Sysco Foods (SYY). Very well-run business with great long-term 5-10 year chart. Has been hit very hard due to closure of college campuses and restaurants (down 60% off its all-time highs of just 60 days ago). Assuming we ever return to a normal lifestyle, should be getting great value. Dividend aristocrat who has also been a growth story. PE below 10, Div above 4% due to coronavirus.

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Sysco hit the bottom the day after I posted this. Now up 90% from the low.

Don't you think they have to continue to get pinched as long as things remain shut down? I would imagine a lot of their customers are hotels, bars, and restaurants who are either closed or extremely limited right now. How can SYY and USFD sustain these gains?

Buy 10k shares ONTX $0.3250 and set GTC order at $0.50
Buy 100 shares MOMO $23 and set sell price at $28
Buy 25 shares ROKU $92 and set sell price at $120
Buy 15 shares ADBE at $315 and set sell at $360

Hold the rest for averaging on any pullback to get fully invested. And I am not a fan of "I have $X amount that I don't mind losing." I mind losing but do what I can to make minding winners so that losers aren't debilitating.

The better question is whether they were initially too oversold. Although up 91% from the bottom on 3/18, they are still down 40% from their all time high on 12/30/20. Getting back to their ATH would be a gain of 67% from today.

Food distributors will take a massive hit on inventory spoilage for cooler items. New Sysco CEO seems really aggressive on expanding into grocery side supply chain immediately.

DRE06 said:

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DRE06 said:

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Look at Sysco Foods (SYY). Very well-run business with great long-term 5-10 year chart. Has been hit very hard due to closure of college campuses and restaurants (down 60% off its all-time highs of just 60 days ago). Assuming we ever return to a normal lifestyle, should be getting great value. Dividend aristocrat who has also been a growth story. PE below 10, Div above 4% due to coronavirus.

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Sysco hit the bottom the day after I posted this. Now up 90% from the low.

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Almost exact same thing for USFD (which I own so with the buying power of this board could really run it up much more)