How to Buy Starbucks Stock, and Why You Should Want To
Former Fidelity Fund manager Peter Lynch once advised investors to "buy what you know." Certainly, many people know Starbucks (NASDAQ: SBUX). It's one of the first stops on the daily commute, while many others (yours truly included) use it as their office. Starbucks seems like it's everywhere. It has 16,000 U.S. stores and almost 27,000 worldwide. Moreover, a recent Piper Jaffray survey scored Starbucks as the most popular restaurant for both upper-income and middle-income teens.
Interested in buying shares of Starbucks stock? First, check out The Motley Fool's guide on how to sign up for an online brokerage account, which you'll need to actually buy shares. Second, check out the Fool's 10-point guide on how to buy stocks. Now let's look at whether Starbucks stock is a good buy. Hint: I think it is.
Starbucks' growth in China is just one reason to own the stock. Image source: Starbucks.
Source: Fool.com
Starbucks Corp. Stock
Starbucks Corp. is currently one of the favorites of our community with 19 Buy predictions and no Sell predictions.
As a result the target price of 103 € shows a positive potential of 35.97% compared to the current price of 75.75 € for Starbucks Corp..
