StockCall Scrutinizes Sysco, Avnet, Genuine Parts, and Ingram Micro

     StockCall Scrutinizes Sysco, Avnet, Genuine Parts, and Ingram Micro

PR Newswire

LONDON, March 14, 2013

LONDON, March 14, 2013 /PRNewswire/ --

The Dow Jones ended its latest session at 14,455.28, up 0.04 percent, marking
its ninth consecutive higher close. The markets were strong on the back of
strong retail sales data on Wednesday. Food wholesale stocks like SYSCO
Corporation (NYSE: SYY) also shared the sentiments and posted good gains,
showing bullish stance. NASDAQ was up 0.09 percent closing the day at
3,245.12. Similarly, S&P finished on a positive note at 1,554.52, up 0.13
percent. Our research team took a look at Services sector, selecting the
wholesale segments from this sector which include major companies like SYSCO,
Avnet Inc. (NYSE: AVT), Genuine Parts Company (NYSE: GPC) and Ingram Micro
Inc. (NYSE: IM). StockCall reviewed the Service sector and chose SYY, AVT,
GPC, and IM for its technical coverage. These free reports can be seen for
free at

SYSCO Corporation shares were up for its latest trading session, ending the
day 0.48 percent up at $33.76. The stock fell to an intra-day low of $33.49,
while its intra-day high stood at $33.78 yesterday. With the upward move,
SYSCO has gained more than 7 percent this year, compared to a jump of 10.84
percent for the S&P 500. The company's shares have strong support at around
$33.43, as the stock shows a bullish trend. The stock is trading higher than
its 20-day and 50-day moving averages. It traded 2.64 million shares, in
comparison to its usual daily volume of 3.98 million. Download the free
research on SYY by signing up now at 

Shares of Avnet Inc. ended Wednesday's trading session marginally up at
$36.16, 0.25 percent higher. The stock gained more than 21 percent this year,
outperforming the broad market. The stock has slipped from $36.22 resistance
level. Upon breaching this level, the stock may go up to $38.18. It has
support at around $35.79 at the moment. With its upward move, Avnet is still
trading above its 6-day and 20-day moving averages. The stock traded $25.41
and $37.03 in the past 52 weeks and it gained 1.8 percent during the time
period. The company traded 330,000 shares during yesterday's session. Register
for today's free analysis on AVT at

Genuine Parts Company's stock is in a bullish mode and is trading above its
20-day SMA of $75.74. It ended yesterday's session 0.41 percent higher at
$75.75, and the stock oscillated in the range of $75.25 and $75.81 during the
session, marking its new 52 weeks high price. It also traded 869,000 shares on
Wednesday's session. The stock trades at Price/Earnings ratio of 18.30. The
company is expected to face its first resistance level at $75.95. Upon
breaching this level, the stock may go up to $76.08. Free report on GPC can be
accessed by registering at 

With a mild upward move in yesterday's session, Ingram Micro Inc. is still up
20.01 percent for the year. It has gained 3.6 percent in the past 52 weeks.
The stock closed 0.10 percent higher at $19.85 on volume of 442,000 shares.
Its average trading volume stands at 777,000 shares. The company's shares
currently face resistance at around $20.85. The stock has support at around
$19.20. It is currently trading above its 20-day and 50-day moving averages,
which is a bullish signal. Register with StockCall and download the research
on IM for free at 

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