Like Dividends? You'll Love This Blue Chip Dividend Stock
Elevated inflation and interest rate hikes have led the Nasdaq Composite to plunge 30% so far this year. And there are many stocks that have plummeted by even more year to date.
The coffee and cold beverage chain Starbucks (NASDAQ: SBUX) is down 32% so far this year. This raises the following question: Is the stock a buy for income investors? Let's dig into Starbucks' fundamentals and valuation to find out.
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Source Fool.com
