After A Stunning Quarter, Starbucks Is Still A Buy - Starbucks Corporation (NASDAQ:SBUX) | Seeking Alpha
This is a great article about Starbucks. I own the stock myself and I plan to buy more in the future. SBUX has grown more than 16,000% since the 1990's. It is in rare multi-bagger territory along with Apple with a gain of over 19,000% since the 90s.
Starbucks has plenty of room to grow in China, and their acquisition of Teavana will also help in eastern countries where tea is popular. Certainly, the company has a high PE, but that has always been true of growing companies. Amazon has a much higher PE, but it is still growing like wildfire also.
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