New Constructs president David Trainer thinks Starbucks (SBUX +0.2%) has gone from "greatly...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

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.