Tuesday’s Stocks to Watch: Sysco, Activision

SYY holds steady after a big surge on Monday

   

Tuesday’s Stocks to Watch: Sysco, Activision

Here are a few stocks to keep on your radar:

  • Shares of Sysco (NYSE:SYY) slipped 0.4% in early Tuesday trading, one day after a huge surge sparked by the company beating analysts’ fiscal third-quarter earnings and revenue estimates.
  • Activision Blizzard (NASDAQ:ATVI) were off 2% after the company beat Wall Street’s first-quarter expectations late Monday. The video game maker said second-quarter earnings would come in below current estimates but raised its forecast for full-year profit.
  • Rackspace (NYSE:RAX) fell 1.1% after the company beat analysts’ first-quarter revenue expectations but fell short with regard to profit.
  • Nuance Communications (NASDAQ:NUAN) was off 0.7% after the stock rallied big on Monday after a report that the company has a potential partnership in the works with Apple (NASDAQ:AAPL).
  • Tyson Foods (NYSE:TSN) added 0.1% after the stock sold off on Monday after the company missed Wall Street’s quarterly profit forecast.

Article printed from InvestorPlace Media, http://investorplace.com/2011/05/tuesdays-stocks-to-watch-sysco-activision/.

©2014 InvestorPlace Media, LLC

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