Here's Why I Finally Bought Starbucks Stock -- And 1 Reason I'm Being Cautious
(NASDAQ: SBUX) recently reported disappointing first-quarter results, sending shares plunging by more than 15%. I'm rather bullish for the long term, so I decided to finally buy the stock, but as I discuss in this video, there is one big reason investors should be cautious with this one.
*Stock prices used were the morning prices of May 3, 2024. The video was published on May 3, 2024.
Source Fool.com
Starbucks Corp. Stock
€72.44
-3.530%
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 42.19% compared to the current price of 72.44 € for Starbucks Corp..
