This Millionaire-Maker Stock Is a Magnificent Buy Near its 52-Week Low
Iconic coffee chain (NASDAQ: SBUX) has been a life-changing investment for many. The Motley Fool's co-founders, David and Tom Gardner, famously picked the stock on daytime television back in July of 1998. Had you invested $30,000 back then, it would be worth over a million dollars today.
The shares aren't so hot right now, trading near their 52-week low. But the market can be irrational from time to time. Buying good companies when they're unfairly out of favor with Wall Street is a great way to make money over the long term.
So what makes Starbucks a magnificent buy today? Here are three reasons.
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..
