Today's Research on Sysco, R.R. Donnelley & Sons, Ulta Salon, Cosmetics & Fragrance, Sally Beauty, and Krispy Kreme Doughnuts
LONDON, April 16, 2013 /PRNewswire/ --
The U.S. economy showed signs of significant improvement in the first two months of 2013. The strong recovery in the U.S. economy benefited the services sector. However, recent economic data suggests that the recovery has stalled. This does not augur well for the services companies such as SYSCO Corporation (NYSE: SYY), R.R. Donnelley & Sons Co. (NASDAQ: RRD), Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA), Sally Beauty Holdings Inc. (NYSE: SBH), and Krispy Kreme Doughnuts (NYSE: KKD). Shares of all five companies fell sharply on Monday, tracking losses in the broad market, which tumbled as investors digested disappointing U.S. and Chinese economic data. StockCall professionals have completed their technical analysis on SYY, RRD, ULTA, SBH, and KKD and these free reports are accessible by registering at
http://www.stockcall.com/research
SYSCO Corporation's shares fell sharply on Monday. The stock touched an intra-day low of $33.80 before finishing the day 2.37% lower at $33.80 on volume of 3.92 million. Shares of SYY are still trading close to their 52-week high of $35.62. The stock has had a decent run so far in 2013, gaining nearly 8.60%. SYSCO's shares currently face stiff resistance at around $35. The stock's MACD is currently trading below the signal line, which is a bearish signal. Sign up for the free technical research on SYY at
http://www.StockCall.com/SYY041613.pdf
Shares of R.R. Donnelley & Sons Co. also came under pressure in yesterday's trading session. The stock ended the day 1.16% lower at $11.97 on volume of 2.12 million. The company's shares have gained more than 36.60% thus far in 2013, outperforming the S&P 500. The stock is trading nearly 3.90% below its 52-week high. Shares of RRD currently face resistance at around $12. Be sure to read our latest technical research on RRD by registering at
http://www.StockCall.com/RRD041613.pdf
Ulta Salon, Cosmetics & Fragrance Inc.'s shares saw a sharp pullback on Monday, reversing some of its gains from last week. The stock ended the day 2.20% lower at $85.76 on volume of 1.53 million. Despite the losses, the stock is still up more than 2% in the last five trading sessions. The personal services company's shares had seen a series of highs in the last few weeks before seeing a correction on Friday. The stock's MACD chart is still giving bullish signals. Sign up and read the complimentary report on ULTA at
http://www.StockCall.com/ULTA041613.pdf
Sally Beauty Holdings Inc.'s shares slipped yesterday. The stock closed 1.64% lower at $30.05 on volume of 1.14 million after trading between $30.04 and $30.50. Shares of SBH are still trading close to their 52-week high of $30.55. Year-to-date, the stock has gained nearly 27.50%, outperforming the S&P 500. The stock is still trading well above its 50-day and 200-day moving averages. The free report on SBH can be downloaded by signing up now at
http://www.StockCall.com/SBH041613.pdf
Krispy Kreme Doughnuts' shares were among the biggest losers in the services sector on Monday. The stock closed 5.06% lower at $14.25 on volume of 838,673. Despite the sharp decline on Monday, the company's shares have gained nearly 52% in the last three trading sessions. Free report on KKD can be accessed by registering at
http://www.StockCall.com/KKD041613.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
SOURCE StockCall.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article