5 Reasons There Has Never Been a Better Time to Buy Starbucks Stock
Share prices of Starbucks (NASDAQ: SBUX) tumbled over 6% on Friday as Wall Street turned sour on the company's Q4 fiscal year 2021 (FY 2021) results. Starbucks stock is now down 1% year to date, significantly underperforming the S&P 500's 22% gain.
Despite short-term challenges, Starbucks's ability to generate revenue growth from its existing stores, as well as open an average of six net new stores a day, indicates that its core business is doing just fine. Here are five reasons investors should look seriously at Starbucks stock now.
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Source Fool.com