Forget Starbucks: Buy This Other Sizzling-Hot Coffee Chain Stock Instead
As earnings season comes into full bloom, some businesses outside big tech are capturing the attention of investors.
Coffee chain (NASDAQ: SBUX) is a closely followed company because its trends can offer unique insights into the health of the economy and consumer purchasing habits.
Last week, Starbucks released results for its second quarter of fiscal 2024, ended March 31. Overall, the report didn't leave much to be desired, and shares have cratered 14%.
Source Fool.com
Starbucks Corp. Stock
€68.20
0.980%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
As a result the target price of 98 € shows a positive potential of 43.7% compared to the current price of 68.2 € for Starbucks Corp..