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Starbucks (SBUX) Is A Buy? 0 comments
Speculation that coffee prices might be bottoming, suggests that margins might be squeezed going forward for some of the major coffee companies, including the market leader Starbucks(NASDAQ:SBUX). This speculation could present investors with a chance to buy into the coffee giant at a reasonable price, as I believe the stock is a solid long-term pick. Recent quarterly results shows that Starbucks is still hitting on all cylinders, being carried by its U.S. segment, but with promising growth opportunities internationally. Overall, the coffee company posted EPS of $0.57 last quarter, up 14% year over year.
read the rest at the stockpucker blog...
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