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Enter Symbol:
Starbucks Corporation (SBUX) [hlAlert]

up 236.54 %

Goldman's 10 Best Stock Picks for 2011: Starbucks(SBUX)

Posted on: Friday,  Feb 4, 2011  7:30 PM ET by Goldman's 10 Best Stock Picks for 2011

Goldman's 10 Best Stock Picks for 2011 rated Buy Starbucks Corporation (NASDAQ: SBUX) on 01/03/2011, when the stock price was
$16.63. Since then, Starbucks Corporation has gained 236.54% as of 10/30/2015's recent price of $55.95.
If you would have followed this Goldman's 10 Best Stock Picks for 2011's recommendation on SBUX, you would have gained 236.54% of your investment in 1761 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.

Goldman Sachs updated its Conviction Buy List, a compilation of the Wall Street bank's favorite U.S. stocks, for 2011. Investors ought to review the following 10 picks, which offer the greatest 2011 upside potential, according to Goldman. Below, the stocks are ordered by return potential, from plenty to most.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/3/2011 4:00 PM Buy
1 year
as of 12/30/2011
1 Week up  1.25 %
1 Month up  5.81 %
3 Months up  23.38 %
1 YTD up  38.37 %

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