Couldnt find a thread on this. Anyone here in starbucks? I am and it is a suprise solid performer, I had bought it for some growth and also dividend growth. Has since pushed on since march crash very well, I would suggest people not in it to check it out if you want a steady performing consumer stock with a decent dividend/dividend growth. I would think we will see $90-$93 range again so perhaps look for pull back but think this could be a great 2021 stock as its done well even in crisis
I’ve got a pie setup named “The BUSY Pie” and Starbucks is one of my holdings. Yeah, it has been performing really well for me since I added it - I like to think the occasional lattes I buy from there (like the one I just finished) is helping me out with my investment too!
After all, why just be a consumer of the places you frequent when you can be an owner too!?
Glad to hear it is doing well for you too @Hbomb
I’ve bought Starbucks too. It is one of the companies that Terry Smith recently bought for Fundsmith.
Not sure what this means, but I have noticed that in our neighbourhood the Starbucks stores have been making more effort to stay open than Costa and Cafe Nero. I own KO too, so a bit disappointed by Costa staying closed.
Do any people find that once invested on a stock they find a particular satisfaction buying that company’s products? KO, CL, PG, PEP, SBUX, DIS. Even when in hospital it felt good to be on a SYK bed in the operating theatre.
Do any people find that once invested on a stock they find a particular satisfaction buying that company’s products?
Yes, 100% - it can be dangerous though because it might encourage you to buy more of X thing just because you’re invested in it!
Like I said above, I don’t mind buying Starbucks coffee as much now because I am invested in them - I definitely wasn’t like that before becoming an investor!
Remember though guys, think of the compound effect if you didn’t buy that coffee and put it straight back into the stock!
But yeah it does make you think if you have to spend money then in a tiny tiny tiny way its nice to spend in something you are a stakeholder of.
Not sure about US, but Starbucks should continue decent growth in Chinese market, but I also see it as a stock that in 5-10 years time will be seen as a solid dividend stock like KO etc, so SBUX now will probably net you a very nice yield in years to come.