at Investor's Business Daily (Sat, 8:02AM)
New Constructs president David Trainer thinks Starbucks (SBUX +0.2%) has gone from "greatly overvalued" to "pretty terrifically overvalued" with a market cap implying revenues will soar past McDonald's within ten years. Trainer's argument in a nutshell is that the Starbucks growth engine will stall out as the company reaches a size close to McDonald's.
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