Here's Why I Finally Bought Starbucks Stock -- And 1 Reason I'm Being Cautious
(NASDAQ: SBUX) recently reported disappointing first-quarter results, sending shares plunging by more than 15%. I'm rather bullish for the long term, so I decided to finally buy the stock, but as I discuss in this video, there is one big reason investors should be cautious with this one.
*Stock prices used were the morning prices of May 3, 2024. The video was published on May 3, 2024.
Source Fool.com
Starbucks Corp. Stock
€69.77
1.280%
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 40.46% for Starbucks Corp. compared to the current price of 69.77 €.
