Starbucks Stock Can Still Hit New Highs in 2016
The fact that Starbucks Corporation (NASDAQ:SBUX) has lost 6.37% of its value on Wall Street since the start of 2016 is a bit deceiving. That's because even at the current valuation of $54.80 per share, SBUX stock is not far off its record-high $64.00 close set last November.
Starbucks stock has lost steam since its last quarterly results announcement a month ago, but Starbucks stock should make it back up to the $60.00 level. It was already trading in the $60.00 range last February, only to fall to about $54.00 and then.
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The fact that Starbucks Corporation (NASDAQ:SBUX) has lost 6.37% of its value on Wall Street since the start of 2016 is a bit deceiving. That's because even at the current valuation of $54.80 per share, SBUX stock is not far off its record-high $64.00 close set last November.
Starbucks stock has lost steam since its last quarterly results announcement a month ago, but Starbucks stock should make it back up to the $60.00 level. It was already trading in the $60.00 range last February, only to fall to about $54.00 and then.
Den vollständigen Artikel lesen ...