HomeLifestyleRetailThe Starbucks (SBUX) Buzz
The Starbucks (SBUX) Buzz

Starbucks (SBUX) is today’s FOMO stock. In this segment Alex Coffey and Jenny Horne discuss what came out of Starbucks investor day event Tuesday. Outgoing CEO Howard Schultz announced that Starbucks (SBUX) is forecasting double-digit growth for revenue and earnings per share. They also plan to build roughly 2K new U.S. stores in the next few years and install new technology at existing stores. Alex demonstrates an example trade using shares of Starbucks which were trading ~$92.75 Wednesday afternoon.

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