Stock Of The Day – Will The Move Higher In Sysco Continue?

Trading in Sysco Corporation SYY is quiet on Thursday. This comes after yesterday's rally of more than 3%. There was no specific news related to the company. The price action was driven by technicals.There is a good chance that the rally soon gets back in gear. This is why our technical analysis team has made it our Stock of the Day.In the long term, Sysco may be facing some headwinds. Concerns over tariffs and inflation have caused consumer confidence to drop significantly. The consumer confidence index fe ...