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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

5/6/19

Sysco Corp (SYY) looking good today. The food and food service company is up 2% following earnings. Sysco easily beat earnings expectations as revenues rose 2% to $14.66 billion. Management said the results for the quarter showed strong improvement in year-over-year growth. Sysco is focusing on profitable growth while trying to balance expenses. With a down market today, it doesn't take much to be a diamond.

US/China trade tensions hitting the tech sector. Chipmaker, Nvidia (NVDA) is down 3% following negative analyst comments and concerns about China retaliating following the President's decision over the weekend to raise tariffs on Friday. An analyst at Cowen said over the weekend that weakness at Intel was a bad sign for Nvidia. The chip sector is expecting a second half of the year recovery in the sector. Time will tell.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.