Why Coca-Cola, Costco, and Starbucks Are No-Brainer Buys Right Now
Hopefully, investors are learning a lot during this bear market. For a while, during a years-long bull market, investing looked easy, since stocks were almost uniformly going up for a long time. Now investors, especially new ones, are getting to see more of a cycle and understanding the power of successful investing strategies such as buy and hold and the value of diversification.
Growth stocks were all the rage for a long time, but many of these stocks saw their prices dive in the past 12 to 18 months, and value stocks are demonstrating their worth in a pressured economy. That's why Coca-Cola (NYSE: KO), Costco Wholesale (NASDAQ: COST), and (NASDAQ: SBUX) all look like no-brainer buys right now. Let's find out more about these three stocks.
After getting rattled at the beginning of the pandemic, Coca-Cola kept its wit and its dividend -- and rebounded in a better place than it was even prior.
Source Fool.com
Starbucks Corp. Stock
With 36 Buy predictions and 1 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 97 € there is a slightly positive potential of 8.15% for Starbucks Corp. compared to the current price of 89.69 €.