NASDAQ Stocks - Starbucks Corp in MARKETS - Reco Price: $45
Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations ...
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11-01-2012 07:39 PM
Starbucks Corp
Reco Price: $45
Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the World Wide Web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.
Starbucks is a $35 Billion market cap company trading at a P/E of 25. Revenues have risen from $9.77 Billion to $11.70 Billion in the last 2 years. Profits have risen from $390 Million to $1.25 Billion in the last 2 years. Profit margins have risen from 4% to 11% in the last 2 years. Its a good buy for long term.
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