3 Stocks I Will "Never" Sell
Let's go ahead and address the elephant in the room up front: By highlighting stocks I'll "never" sell, I obviously don't mean ever under any circumstances. Changes to my personal financial situation, changes to my priorities in life, or even changes to the businesses themselves could motivate me to sell.
That said, equipment rental company United Rentals (NYSE: URI), rural lifestyle retail chain Tractor Supply Company (NASDAQ: TSCO), and coffee giant (NASDAQ: SBUX) are three stocks I expect never to sell. What I mean is that I'm extremely confident that shareholder returns will be stellar for these companies over the coming decades, not just the coming years.
Moreover, it's hard to imagine anything would materially weaken the competitive advantage that each company enjoys. This makes it more likely that I'll hold these three stocks longer than most of the other stocks in my portfolio.
Source Fool.com
Starbucks Corp. Stock
The stock is one of the favorites of our community with 31 Buy predictions and 1 Sell predictions.
As a result the target price of 94 € shows a slightly positive potential of 9.72% compared to the current price of 85.67 € for Starbucks Corp..