Bullish Case: SYY's steady expansion through strategic acquisitions, alongside a robust increase in institutional investments, positions it well for potential growth, further enhanced by strong volume trends and a reliable dividend structure.


Bearish Case: SYY faces significant pressure from large competitors and recent cybersecurity breaches, coupled with a recent downwards trend and neutral AI forecasts, suggesting potential ongoing underperformance.


Potential Outcomes:

1. 30% chance Q2 earnings exceed expectations, lifting SYY stock.

2. 40% chance ongoing competitive pressures maintain current price level.

3. 30% chance elevated market volatility impacts SYY negatively.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 19, 2024


Sysco Forecast

SYY        Sysco
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SYY



CNI Forecast + Options Trading Strategies   CNI  Canadian National Railway (0.93)


ABT Forecast + Options Trading Strategies   ABT  Abbott Laboratories (0.92)


VGK Forecast + Options Trading Strategies   VGK  Vanguard FTSE Europe (0.91)


CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (0.91)


C Forecast + Options Trading Strategies   C  Citigroup (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to SYY



OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.0)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.0)


AI Forecast + Options Trading Strategies   AI  C3.ai (-0.0)


ERF Forecast + Options Trading Strategies   ERF  Enerplus (-0.01)


SOFI Forecast + Options Trading Strategies   SOFI  SoFi (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SYY



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.77)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.77)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.78)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.8)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.81)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SYY


 Ask me any question!