Starbucks Stock Looks Bullish as CEO Envisions Transformation
07 Juni 2022 - 02:57PM
TipRanks
Seattle-headquartered Starbucks (SBUX) sells coffee, tea, and
food products in cafes and grocery stores as well as online. I am
bullish on the stock. Changes can be scary, but sometimes they're
good and even necessary for businesses to remain competitive.
Starbucks is currently going through what might be characterized as
a transition phase, but the company's investors should hang on and
stay in the trade. Without a doubt, investors will be watching
closely as Starbucks installs a "new" CEO who isn't really new to
the company at all.
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