Reported 2 days ago
Jim Cramer has discussed the stock of Starbucks Corporation (NASDAQ:SBUX), noting that while rising coffee prices have impacted the company's performance, they are not the sole cause of its struggles. He pointed out that previous coffee bull markets led to significant corrections, suggesting that the current rally could follow suit. Cramer is optimistic about Starbucks, emphasizing that other factors play a larger role in its stock performance.
Source: YAHOO