SBUX - Prediction: These Could Be the Best-Performing Value Stocks Through 2030
2024-06-30 06:11:00 ET
The S&P 500 is near an all-time high, but not all stocks are performing quite so well. If you look closely, there are still some excellent bargains in the stock market, especially if you look beyond the high-growth tech stocks making most of the headlines. With that in mind, here are three value investments you can make right now. I own all three in my own portfolio and am quite confident they'll be stellar performers for patient investors.
Without further delay, here are three value stocks that could outperform the market for the remainder of the decade, and some reasons why.
Coffee giant Starbucks (NASDAQ: SBUX) has had a rough 2024. The company reported a surprising decline in same-store sales in the first quarter, as well as a 6% decline in customer traffic, and the stock took a nosedive. Even after a bit of a rebound, Starbucks trades for more than 25% below its 52-week high.
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Prediction: These Could Be the Best-Performing Value Stocks Through 2030