3 Top Stocks to Buy in July
Investing in the brands that people regularly use is a simple and effective way to grow your savings for retirement. To give you some ideas, three Motley Fool contributors believe now is a great time to buy shares of (NASDAQ: SBUX), Airbnb (NASDAQ: ABNB), and Walt Disney (NYSE: DIS). Let's find out more about these opportunities.
John Ballard (Starbucks): Buying shares of industry-leading companies when they are on sale can pay off in the long run, and the stock market is handing a great opportunity to invest in the world's dominant coffee chain at a discounted price. Starbucks shares are down 17% year to date, but the long-term growth in the coffee market will ultimately benefit this outstanding brand.
The stock has underperformed this year due to weak comparable-store sales. Starbucks reported a year-over-year decline in global comp sales in the March-ending fiscal second quarter. This decline was most pronounced in China where comp sales dipped 11%.
Source Fool.com
Starbucks Corp. Stock
Currently there is a rather positive sentiment for Starbucks Corp. with 41 Buy predictions and 6 Sell predictions.
With a target price of 97 € there is a slightly positive potential of 5.92% for Starbucks Corp. compared to the current price of 91.58 €.
