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Starbucks Corporation (SBUX)
NasdaqGS - NasdaqGS Real-time price. Currency in USD
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put the short talk in trash
Americans have started grabbing their morning cup of coffee outside the house again, according to new data, in the latest signal that consumers are slowly reverting to pre-pandemic normalcy.
Research from data analytics firm Placer.ai shows that foot traffic at chains like Dunkin', Starbucks (SBUX) and Dutch Bros. Coffee (BROS) topped the dining sector's in 2021. The firm referred to the morning coffee routine as a "proven necessity" based on customers' visits during the COVID-19 pandemic, despite shifts in daily schedules, and many white-collar professionals working from home.
Foot traffic at the top ten performing coffee chains was up 2.8% compared to two years ago in June 2021, Placer.ai found, but dining visits were down 4.6%. By the end of last year, the contrast grew more apparent: In November, the coffee space saw an 8.4% jump in foot traffic compared to 2019 levels, while December saw a 7.5% increase.
unique buying opportunity at this low price, I will add to my position
This is THE best time to pick up shares of Starbucks. No brainer between this price and the dividend.
severely undervalued, sold for no reason except the market weakness: time to buy/add for long
Starbucks has been at the top of my watchlist the past few weeks. Been really looking at starting a position and adding to it gradually. My concerns are this union push gaining more steam & earnings next week. It’s down 22% the last 6 months, but a bad report could send it further. The cut hours, labor & food shortages might be reflected in the upcoming report. Will see what happens on earnings day. GLTA
In this environment👉economic recession➕remote work= SBUX is getting hurt the hugest!
Wouldn't want to cross a picket line of angry baristas.
I’d be willing to bet even if we went into a recession and Americans had to cut back on spending they would still be willing to grab their comfort coffees
All of the Starbucks in my area with the exceptions of the ones that are inside Barnes & Noble’s and target they all have drive-through
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
Starbucks finally at a buy zone
100 by next week forsure this year will reach new ATH this current price is a bargain remember I told you first
Time to go to the sidelines. Does not matter if companies beat or miss, they are taking those with p/e above 20 to the wood shed. May reconsider a position in the mid to low $70's again.
Should I Buy Stocks Now?
Unionization will make this a broken stock. Don't buy is my suggestion.
On Feb.1st, what will SBUX say about unionization? They will avoid it like the plague.
Shorts better get out of Starbucks before feb 1 earnings going to top last Q thats a major beat having improved every Q this past year. They raised dividend last Q. Research shows 8.9% increase in business this Q being announced over last Q. You figure it out they are not NOT hurting.
SEATTLE--(BUSINESS WIRE)-- Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.49 per share of outstanding Common Stock. The dividend will be payable in cash on February 25, 2022 to shareholders of record on February 11, 2022.
Feb 1 blowout numbers you will see better than previous Q by a bunch
I advised people don't buy anything under major correction now .
don't think this is support price , it will be down much more ,
normal only you consider to buy if the price dropped more than
50% if major correction happen. here so many people don't
have enough market experience . hope my advice is useful .
Anyone who thinks this stock is going to go anywhere but DOWN is throwing there money out the window this is headed to low 70s
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