So I’ve been looking at Sysco as a potential buy here soon, just curious on some of your guys thoughts .
They are the largest food distributor in NA, and controls about 15-20 percent of the whole US food distribution market. They also acquired Restaurant depot in a recent 29 billion dollar buy out. Expanding some of their reach in the market.
Obviously one concern if something similar happened during COVID where it fell nearly 50% with the food industry tanking .
20.5 billion in Revenue (up 4.7% over the year )
3.8 billion in profit (up 6.5%)
I’ve been looking for more stocks outside of the AI/ semi run, another company I’ve been looking at was WM (waste management ) kind of those slow growth defensive stocks . Thoughts would be appreciated !