Should You Buy the Dip in Starbucks Stock?
It has been a whipsaw couple of quarters for coffee giant (NASDAQ: SBUX), with news fluctuating between recording-setting revenue one quarter, and significant decline in comparable-store sales the next.
Investors have seen the glass as half-empty recently, with the stock down about 7% since reporting the quarterly decline in comparable-store sales on April 30. The stock hit a 52-week low shortly after the company reported its fiscal second-quarter results.
Source Fool.com
Starbucks Corp. Stock
€70.30
-3.400%
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 39.4% for Starbucks Corp. compared to the current price of 70.3 €.
