Ockham Research Staff @ November 10, 2008 # No Comment Yet
Starbucks reported earning today that were a disappointment even during restructuring. Although, we believe there are legitimate reasons why the stock has fallen so low, those factors have been factored into the price. We think that this is a great long term opportunity for patient investors.
Ockham Research Staff @ July 2, 2008 # No Comment Yet
Starbucks announced a major change of course yesterday and will shut 600 under-performing, company- owned stores in the U.S. this year. 12,000 jobs could be shed as the company attempts to deal with a tough economic environment and maturning growth. However, the stock’s valuation is compelling and its foreign growth story remains intact. Starbucks shares merit a sniff by patient, value-oriented investors.
admin @ March 14, 2008 # No Comment Yet
Starbucks Corporation stock ( SBUX), which Ockham Research featured in our January 1 post, appears as attractive now as it has ever been. SBUX has steadily declined by over 51% since the beginning of 2007. The company has begun to reign in domestic growth as it announced the closure of 100 […]
admin @ January 2, 2008 # No Comment Yet
Happy New Year! It has already been an interesting first trading day as the market is experiencing some fiercely negative factors today. With the Dow down about 220 points at the time of this posting, weak factory data and $100 barrels of crude are receiving the blame.
While the last week continued […]