☕️ Shares $SBUX-2.4% are around their lowest level in 52 weeks. 📉 This can be a great opportunity for those looking for a long-term investment. 💼
Company Starbucks Corporationdominates the global coffee and cafe services market. Their brand is not only synonymous with quality coffee, but also for a unique coffee shop experience, probably everyone who Starbucks has visited knows that. The network of coffee shops is spread all over the world and attracts customers with its welcoming environment, wide range of drinks, products and excellent customer service. The company is constantly innovating its menu, responding to customer needs and actively working towards sustainability and ethical coffee trading.
Starbucks
SBUXWith the price of coffee going up, I think the price of products will go up, so we'll see if that has any impact on footfall, as the coffee at $SBUX-2.4%is already more expensive than the competition.
However, with their stable business and ambitions for the future, I Starbucks seems like an interesting stable player.
What do you think of the company $SBUX-2.4% and what prices you'll be buying at?
I think technically it would be appropriate to buy 1/3 now, 1/3 at $81 and the last part somewhere around $74.
Thanks for the comment, I plan to buy a smaller position.
I'd also consider $MCD-1.1%, but the stagnant sales there are alarming to me. You can't keep increasing margins forever.
Super and quality company with great business. I already have quite a few of these stable stocks in my portfolio, so I don't really need SBUX in my portfolio anymore, but maybe that will change over time.