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Purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, coffee-related accessories and equipment primarily through its operated retail stores.
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steveg519 (< 20) Submitted: 10/22/07 4:53 PM : Start Price: $35.58 SBUX Score: -30.89
With what has happened, 2008 will be better and should result in a better year for the stock price. Expect a turn around but it may not be big.
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equalfuture (79.49) Submitted: 12/12/07 4:24 PM
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Many feared competition (from expensive coffee places) but Star Bucks has defeated them, there will be continued growth of mcdonalds and dunkin donuts. but i see no competion in the luxury coffee market.i would like to make a big investment in starbucks, What do others think. worst case scenario i think it keeps current price and does not grow, best case scenario the company rebounds and its potential is even bigger than Mcdonalds.
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steveg519 (< 20) Submitted: 12/19/07 1:34 PM
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The stock is at an extremely cheap value for the potential return. The question is when to buy and how long until it turns to a positive track. I think once the expansion slows a little and Starbucks sees returns on the investment, instead of investing the returns, to a certain extent, the stock will make its turn. Watch this one closely, but you may be watching for another year.
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