How do you feel about $SBUX stock?

Feed

Community

Daniela Duong

@danieladuong · Jun 14

· Jun 14

How do you feel about $SBUX stock? They had better results than expected and yet the stock is still down quite a bit.

Maybe time to buy not just for coffee lovers?

A community member's personal view, not investment advice. Community Guidelines

Van Cannon @vancannon Jun 15

I read or saw somewhere that Starbucks is actually more of a bank than a coffee shop.

Daniela Duong @danieladuong Jun 15

I don't know about that, but anything is possible :)

Ry Small @rysmall Jun 15

Long months of watching in the 2020 slump and I finally committed to a purchase.

Daniela Duong @danieladuong Jun 15

And so far, satisfaction?

Willard Spencer @willardspencer Jun 14

I wouldn't go into that company right now... I think overpriced coffee is one of the first things that people will abandon in a recession because they will save money and that will logically have an impact on sales and the stock could fall even further... so now is not a good time for me :)

Daniela Duong @danieladuong Jun 15

There he main driver is Generation Z and it's hard to say if they will save in a recession. Under covide, for example, they spent the same.

Ashraf Aboudar @ashraf_dd Jun 14

I looked at the stock at the beginning of the year and didn't buy. Starbucks doesn't just make money on coffee, it makes money on a lot of other things, so it didn't really fit for me.