3 Reasons to Buy Starbucks Stock
Investors haven't been thrilled with the latest operating results from (NASDAQ: SBUX). Shares sat out of the 2023 rally and have trailed the S 500 so far this year, too.
That performance could mean excellent returns from here if you don't already own the coffee titan's stock. Even if Starbucks is in your portfolio, you might want to add to your position. Here are a few good reasons why.
Starbucks reported a robust 5% comparable-store sales increase for the fiscal Q1 period that ran through late December. That result stacks up well against McDonald's (NYSE: MCD) and its 3% uptick this past quarter.
Source Fool.com
Starbucks Corp. Stock
€68.20
0.980%
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 43.7% for Starbucks Corp. compared to the current price of 68.2 €.
