Description: In the course of its 21 year stock history, Starbucks (NASDAQ: SBUX ) has doubled exactly 8 times. Minus the brief but major dips, the stock has taken off since ’08, and it has had a consistent rise in price for the last 6 years. Almost in a straight upward line. This year alone it has gone from $53.63 to $74 in share price (at the time of writing), a better than 30% gain. There are many reasons to believe it will double again, and why you should own it for the long term.?
Date: Sep 10, 2013
Questions for Discussions:
- Summarize the financial analysis of the stock.
- Do you agree with the recommendation?
- What are the risks involved?