A Bull Market Could Be Here: 5 Reasons to Buy Starbucks Stock.
The broad market has been firmly bullish of late. In fact, the S 500 is up an impressive 16% from March's low, and higher by an incredible 26% since October's bear market bottom.
Not every stock is participating in the latest leg of this rally, though. Take (NASDAQ: SBUX) for instance. Shares of the coffee house chain are priced right where they were as of the end of last year, unable to maintain any bullish traction. Despite its comparatively healthy earnings reports, investors are finding enough details to pick apart.
Take a step back and look at the bigger picture, however. There's plenty still to like about this company's future, and there are plenty of reasons to buy the stock. Five stand out from the rest.
Source Fool.com
Starbucks Corp. Stock
€85.86
-0.690%
The stock is an absolute favorite of our community with 31 Buy predictions and no Sell predictions.
As a result the target price of 94 € shows a slightly positive potential of 9.48% compared to the current price of 85.86 € for Starbucks Corp..
