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home / news releases / SBUX - Starbucks Is Looking Cheap On A Historical Basis (Upgrade)

SBUX - Starbucks Is Looking Cheap On A Historical Basis (Upgrade)

Starbucks Corporation

2024-05-31 13:15:05 ET

Summary

  • Starbucks stock has dropped after disappointing Q2 earnings, but the company has a solid global presence and competitive moat.
  • Chinese consumers' cost-conscious behavior and competition from a local startup are near-term challenges for Starbucks.
  • Despite the recent decline in stock price, Starbucks is trading at historically low valuations, making it an attractive investment opportunity.

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For further details see:

Starbucks Is Looking Cheap On A Historical Basis (Upgrade)
Stock Information
Company Name: Starbucks Corporation
Stock Symbol: SBUX
Market: NASDAQ
Website: starbucks.com
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