Boost Your Passive Income With Starbucks Stock
One thing that financial markets despise is uncertainty. And it doesn't matter what kind of uncertainty it is -- whether economic or geopolitical. This is precisely why the Nasdaq Composite index has dipped 12% over the last year.
But plenty of stocks have fared much better during that time. Shares of coffee and beverage giant Starbucks (NASDAQ: SBUX) have gained 10% in the last 12 months. And despite this run-up in the stock price, it looks like a buy for investors seeking rising dividend income.
Let's dig into the company's fundamentals and valuation to lay out the case for Starbucks stock.
Source Fool.com
