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DD
Daniela Duong
@danieladuong · Jun 14

How do you feel about $SBUX stock? They had better results than expected and yet the stock is still down quite a bit.

Maybe time to buy not just for coffee lovers?

Părerea personală a unui membru al comunității, nu o recomandare de investiții. Regulile comunității

VC
Van Cannon @vancannon Jun 15

I read or saw somewhere that Starbucks is actually more of a bank than a coffee shop.

DD
Daniela Duong @danieladuong Jun 15

I don't know about that, but anything is possible :)

RS
Ry Small @rysmall Jun 15

Long months of watching in the 2020 slump and I finally committed to a purchase.

DD
Daniela Duong @danieladuong Jun 15

And so far, satisfaction?

WS
Willard Spencer @willardspencer Jun 14

I wouldn't go into that company right now... I think overpriced coffee is one of the first things that people will abandon in a recession because they will save money and that will logically have an impact on sales and the stock could fall even further... so now is not a good time for me :)

DD
Daniela Duong @danieladuong Jun 15

There he main driver is Generation Z and it's hard to say if they will save in a recession. Under covide, for example, they spent the same.

AA
Ashraf Aboudar @ashraf_dd Jun 14

I looked at the stock at the beginning of the year and didn't buy. Starbucks doesn't just make money on coffee, it makes money on a lot of other things, so it didn't really fit for me.

DD
Daniela Duong @danieladuong Jun 14

I understand:)

CM
Claude Malouxe @claudemalouxe Jun 14

It's still too expensive for me. Between $70 and $80, I'd consider it.

DD
Daniela Duong @danieladuong Jun 14

I'm the same way :)

RB
Ralphie Barlow @ralphiebarlow Jun 14

As someone wrote here once before, it's kind of the Apple of the industry. Everyone knows it, it's expensive, but it still finds customers 😀

DD
Daniela Duong @danieladuong Jun 14

That's right :D

NG
Nikolas Gabriels @nikgab Jun 14

Last year I had a buy order set just under $70 and the stock stopped at 71 I think, too bad. Now SBUX stock is expensive on me again.

DD
Daniela Duong @danieladuong Jun 14

I have this border now:D let's see if it zigs there

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