By admin Mar, 09, 2022 Stock Market
Starbucks stock has been beaten up in the past few months and we like the price here. As of today, the stock is selling for $87.32 per share. It's down 25% year to date and we believe that things will get better eventually. Starbucks (SBUX) 52-weeks high was $126.32 per share.If we invest in SBUX at $87.32 per share and wait until it reaches $126.32 to cash out then it's a decent investment for us at Investingport.com
Part of our investment strategy is to buy good companies at a fair price. Keep in mind that the stock can still go down due to the uncertainties surrounding the covid pandemic and the war in Ukraine. Do your due diligence before making any investment, you are responsible for your gains and losses. Also, keep in mind that some investments take time before it becomes a rewarding investment. We are not in for the short term.
Disclosure, Investingport.com owns some Starbucks shares.
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Tags: SBUX Starbucks Investingport Stock rebound
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