Hi, I'd like to ask for your opinion on $SBUX.
I've held the stock for about 3 years and have practically seen no profit on it. Only now, after a long time, have I finally gotten out of the loss and reached break-even / a slight gain. Honestly, I'm getting tired of holding it — it feels like the capital is pretty much dead there. I could find more interesting stocks to move it into, and generally I'm starting to think this sector is becoming uninteresting.
Do you own $SBUX? Have you sold it?
It's becoming a value stock and probably won't see any extreme growth. If you want higher returns, you'll have to choose different stocks.
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When it was 110+ some time ago, that was an obvious sell 😉
It's more about why you have it in your portfolio… Not everything has to be a growth stock—some more stable, defensive shares with a small dividend can make sense. Personally, I find undervalued REITs a better buy than SBUX, but we all play it differently 😉
I agree with you — I’d sell it too and move the money into something like $NFLX.