3 Stocks With Starbucks-Like Return Potential
Coffee giant Starbucks (NASDAQ: SBUX) is an incredible success story. Former CEO Howard Schultz grew the chain from a few stores in Seattle in the early 1980s to nearly 25,000 locations today, creating a company valued at more than $75 billion, with annual revenue of $22 billion and annual net income approaching $3 billion. Starbucks stock has proven to be a blockbuster investment, soaring nearly 16,000% since the company went public, in 1992, and gaining about 280% over the past decade.
It's impossible to predict which companies will produce similar returns in the future, but buying and holding shares of good companies that have a lot of potential is a reasonable strategy. We asked three of our Foolish investors to each describe a stock that could provide investors with Starbucks-like returns. Here's why they chose Chipotle Mexican Grill (NYSE: CMG), AU Optronics (NYSE: AUO), and Take-Two Interactive (NASDAQ: TTWO).
Image source: Starbucks.
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
The stock is one of the favorites of our community with 61 Buy predictions and 1 Sell predictions.
With a target price of 3119 € there is a slightly positive potential of 1.99% for Chipotle Mexican Grill Inc. compared to the current price of 3058.0 €.
