1 Beaten-Down Stock I Just Bought, and Another I Just Sold
It's been a quiet year for me so far as an investor. I haven't made too many big portfolio moves and have actually been focusing on building positions in my favorite index funds lately.
However, I recently made a pair of significant investment decisions. I decided to finally add shares of Starbucks (NASDAQ: SBUX) to my portfolio after its recent post-earnings drop, and I also decided to cut my losses and sell a technology company that could be losing its long-term advantages.
Here's why I decided to add the coffee giant to my portfolio, and what stock I decided to sell.
Source Fool.com
Starbucks Corp. Stock
€72.69
0.390%
Starbucks Corp. is currently one of the favorites of our community with 17 Buy predictions and no Sell predictions.
As a result the target price of 103 € shows a positive potential of 41.7% compared to the current price of 72.69 € for Starbucks Corp..
