The Worst Mistake Starbucks Investors Can Make Right Now
Earlier this month employees at a Starbucks (NASDAQ: SBUX) location in Buffalo, New York, voted to join a union, making it the only company-owned store in the country to do so. While it's just one location now, it could set off a domino effect and inspire other Starbucks outlets across the country to follow a similar course of action.
The workers' actions could certainly set off a cascade effect throughout the chain. And any negativity it creates around the stock (its price is down 11% since reaching an all-time high in July) might cause investors to ditch their shares.
But that would be a mistake. Here's why.
Source Fool.com
