3 Things the Smartest Investors Know About Starbucks Stock

(NASDAQ: SBUX) needs no introduction. The massive coffeehouse chain is well known among consumers and investors for selling high-priced and in-demand beverages around the globe. The business hit a rough patch during the pandemic, but it's recovering nicely as the economic picture normalizes. 

As of this writing, shares are 21% off their all-time high, although they're up 30% in the past 12 months. They now trade at a price-to-earnings ratio of 31.7, which is a slight discount to its trailing one-year average. This might be a compelling opportunity for some investors. 

But before you decide to caffeinate your portfolio with Starbucks, it's critical to gain a better understanding of the business. Here are three important things the smartest investors know about this top restaurant stock. 

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Source Fool.com