How do you feel about $SBUX stock? They had better results than expected and yet the stock is still down quite a bit.
Maybe time to buy not just for coffee lovers?
How do you feel about $SBUX stock? They had better results than expected and yet the stock is still down quite a bit.
Maybe time to buy not just for coffee lovers?
I read or saw somewhere that Starbucks is actually more of a bank than a coffee shop.
Long months of watching in the 2020 slump and I finally committed to a purchase.
I wouldn't go into that company right now... I think overpriced coffee is one of the first things that people will abandon in a recession because they will save money and that will logically have an impact on sales and the stock could fall even further... so now is not a good time for me :)
I looked at the stock at the beginning of the year and didn't buy. Starbucks doesn't just make money on coffee, it makes money on a lot of other things, so it didn't really fit for me.
It's still too expensive for me. Between $70 and $80, I'd consider it.
As someone wrote here once before, it's kind of the Apple of the industry. Everyone knows it, it's expensive, but it still finds customers 😀
Last year I had a buy order set just under $70 and the stock stopped at 71 I think, too bad. Now SBUX stock is expensive on me again.