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« Junior Wall Street Wannabes | Main | Top 10 Industry Groups » May 1, 2006 Sysco's EarningsHappy May Day! Wall Street is celebrating International Workers Day by having a strong opening. The S&P 500 is up to 1,316. In April, the S&P 500 closed three times at 1,311 and change, and no higher. If the market holds up, this will be another new high. Once again, energy stocks are leading the way. Sysco (SYY), one of our Buy List stocks, reported earnings today. The company earned 30 cents a share, including a four cent expense for stock options. The market was looking for 32 cents a share. Sales came in slightly better-than-expected. The stock is higher in early trading. Posted by edelfenbein at May 1, 2006 9:55 AM |
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