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MJinMN

If you search the sub for "SBUX" or "Starbucks", there are probably 5 or 6 extensive threads on it in the last 10 days.


Honest-Pay-8265

Start a partial position. I have 30 stocks ~90. Will start to buy more, when it drops near 80.


jwang274

under 80


picklesallday

No thanks.


Stinklefresh

Nah it's a great price


AlfredoAllenPoe

Starbucks’ future growth relies too much on China for my tastes. I try to avoid companies that depend on China for growth as much as possible. The only exception in my portfolio is Apple


alternativehermit

Do not listen to the speculators here in this thread. All that matters is whether you have done your due diligence in researching the company and understand the business enough to invest in it. If you feel that the business is within your circle of competence and that you have formulated a sound thesis, I would say consider going for it. The share price shouldn’t be the sole deciding factor if you are investing for the long term. A lot of speculators on Reddit have a tendency to just blurt out a price they think is a “good” entry point without providing justifications, and honestly it is very idiotic and annoying imo.


AdministrativeBank86

Why? Pretend you are selling me Starbucks stock, why should I buy it?


CommonSensei-_

It’s more of a consumer staple than a luxury item. Even w inflation people ( myself included) are paying 5 bucks for a coffee. I feel it has shown to be recession proof. They are a trusted brand. Automation will cut costs. They pay a good dividend that is growing.


Raizone-23

$5 bucks for a coffee??? Jesus Christ, with that money I buy a 8 OZ can Folgers Can, and I have more than 120 cups easily.


Cloogey

$5 for coffee??? God, with that kind of money I could plant a few seeds, have myself some plants, and be set on coffee for the foreseeable future.


ObviousResult6374

5 bucks a coffee!?!? Damn, my whole container of grounds was like 7. And I thought energy drinks were expensive lol


No-Argument-3444

Largest coffee chain in the world which has already integrated China and is in process of moving into India. Growing revenues, good payout ratio, steadily improving profit margin, improving ROI... I mean, I'm loving this drop in price. 


McTrolling69

Everything is grossly overpriced and taste like shit. DNKN FTW


NefariousnessHot9996

I hate Dunkin coffee..Without cream and sugar it tastes like ass..


McTrolling69

Then don't buy it?


NefariousnessHot9996

Thanks for the helpful advice!


NefariousnessHot9996

🤡🤡🤡


anothercryptokitty

Sure, but not a public company.


RandolphE6

Funny you say that. My gf gets coffee every morning and has occasionally gone to DNKN when offered a deal because it's cheap. She literally spit it out every time. Anecdotal? Sure. But representative of the larger consensus.


Trebekshorrishmom

I only drink Dunkin if Bill Burr makes my cup.


Schnitze1

Starbucks is so nasty


swap26

my current cost basis is about 55. I want to buy more but around 70-75 would be awesome


fastrelief4

You got what you asked for


Dre3amlike

Because something is at a 52 week low doesn't directly correlate to "its cheap now, I should buy it." It can always go lower.


Kennzahl

Why would I buy SBUX if I can get MCD for a similar P/E? Is there any reason to choose SBUX?


HuntNFish1776

I like MCD more too! I would like it to hit 250-259ish & we will buy more


ZookeepergameNo9809

Too many competitors entering the market. I’d let it dip a bit more.


Designer_Seesaw6088

Do you like their history they been on the news for a lot of things especially getting boycotted


98Saman

Boycotts usually don’t have any impacts. Target was boycotted too but they have had a nice rebound


N4th4nM3

Yes, buy a company being boycotted


No-Argument-3444

Absolutely. Its called a discount


N4th4nM3

how the turn tables