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Starbucks Corporation (SBUX) [hlAlert]

Rating:
Buy SBUX
up 40.13 %

Starbucks Corporation (SBUX) rated Buy with price target $95 by Buckingham Research

Posted on: Wednesday,  Nov 20, 2013  8:25 AM ET by Buckingham Research

Buckingham Research rated Buy Starbucks Corporation (NASDAQ: SBUX) on 11/20/2013, when the stock price was $39.93. Since
then, Starbucks Corporation has gained 40.14% as of 10/30/2015's recent price of $55.95.
If you would have followed this Buckingham Research's recommendation on SBUX, you would have gained 40.13% of your investment in 709 days.

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment primarily through its company-operated retail stores. In addition to sales through our company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino coffee drink and a line of premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. The Company plans to continue to rapidly expand its retail operations, grow its specialty sales and other operations, and selectively pursue opportunities to leverage the Starbucks brand through the introduction of new products and the development of new distribution channels.

Buckingham Research
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2013 8:25 AM Buy
None
39.93 47.50
as of 12/13/2013
1 Week down  -4.49 %
1 Month down  -4.38 %
3 Months   
1 YTD down  -4.38 %

(*) Stock Price at the time of the recommendation.
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