Q: Hi Peter and 5i. Starbucks(SBUX) just lost an arbitration ruling and has to pay Kraft $2.7 Billion. I've been waiting to buy SBUX (for a long term hold) on a pullback, which is likely to happen from this ruling. Do you think this is a good opportunity at this time or could there be additional long term implications from this ruling? Thanks!
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Any comments about JO.(coffee) I have been watching and waiting for a base to form. It would be nice offset to my caffeine habit if it ever turns up.Thank you
Q: Starbucks came out with earnings today after the closing bell. I thought the numbers were pretty good. The even increased their dividend by 24% and yet the stock is down two and a half percent in after hours trading.I know they lowered their forecast for 2014 just a touch. Was that enough to drive the stock down a bit? What are your thoughts going forward??
Q: My question is on Starbucks. I never really hear anything good to say about SBUX. I purchased 150 shares at $36.53 back in April 2011. I have a nice profit and I know it trades at a high multiple and is expensive. I am kind of hanging on in the hopes of a 2:1 split. What are the chances it will split and do you think it has room to go higher. If they get a miss on earnings how far do you think they will fall?