- The key is to determine whether SBUX is a great business and if there is more room for growth.
- SBUX might be the best low risk way to invest in China.
- A recession is something to keep in mind, plus there are other risks.
- A look at the price tells a lot about the stock here.
I still remember very well how I was looking for stocks to buy and contemplating whether to buy McDonalds (NYSE: MCD) at $19 in September 2002. I was happy I didn’t buy as the stock dropped below $13 by December of the same year on the first announced loss, profit warnings, broken growth story, the CEO leaving, and restructuring costs. More →