STARBUCKS BUY CHINA MARKET EXPANSION + IDENTIFICATION OF PROB
This is going to sound weird but I recommend buying. Starbucks closing a lot of its outlets have caused a huge drop in stocks.
In all honesty, though, Starbucks has a very high chance of coming back from this, especially as they've started introducing new options and are now focused on doing better. They've identified multiple problems and are working on solving them. This really has the mark of a dedicated company and hence I'm quite confident in their future
Heck, they are currently opening a new outlet in China every 14 hours!! They are also opening new outlets all over the world including Italy. Targetting the international market will undoubtedly be good for the stock.
Therefore it might be smart to invest at this point due to the drop and then make a profit as the prices increase over time.
Please do this at your own risk though as the price could very well drop and some people may have no confidence in Starbucks. In that case, do go ahead and short!!
Again, as a complete amateur, likes/ feedback would be appreciated.
In all honesty, though, Starbucks has a very high chance of coming back from this, especially as they've started introducing new options and are now focused on doing better. They've identified multiple problems and are working on solving them. This really has the mark of a dedicated company and hence I'm quite confident in their future
Heck, they are currently opening a new outlet in China every 14 hours!! They are also opening new outlets all over the world including Italy. Targetting the international market will undoubtedly be good for the stock.
Therefore it might be smart to invest at this point due to the drop and then make a profit as the prices increase over time.
Please do this at your own risk though as the price could very well drop and some people may have no confidence in Starbucks. In that case, do go ahead and short!!
Again, as a complete amateur, likes/ feedback would be appreciated.