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Is Starbucks Stock a Buy After Its Massive Drop?

TheMotleyFool

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Is Starbucks Stock a Buy After Its Massive Drop?: https://g.foolcdn.com/editorial/images/775917/person-getting-coffee-and-a-bag-of-food-at-a-drive-thru.jpg

Buy straw hats in the winter, when nobody wants them, and sell them in the summer when everybody needs them.
--American billionaire investor Kenneth Fisher

It's repeatedly been shown that the best time to buy stocks is when everyone else runs for the exits. This was true during the worst of the pandemic -- most recently, in 2022, as you can see in the chart of an exchange-traded fund (ETF) indexed to the S&P 500: