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The 10 Best Growth Stocks for Retirement

As we continue to lead longer lives, growth stocks have become an increasingly pivotal part of the retirement pie

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Best Growth Stocks for Retirement: Starbucks (SBUX)

Best Growth Stocks for Retirement: Starbucks (SBUX)
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I don’t buy coffee from Starbucks Corporation (NASDAQ:SBUX) as often as I used to. My Nespresso machine at home makes better coffee at a fraction of the price, and I don’t have to wait in line or use snooty words like “venti” to describe my order.

Still, I do duck into a Starbucks from time to time to get a little work done when I’m travelling on business, and it seems that it never gets easier to find a table. Starbucks has been a mainstay of American culture for over two decades now. It’s as busy and bustling as ever. SBUX has done a remarkable job of keeping its menu interesting and continually inventing new coffee concoctions.

At some point, Starbucks will run out of places to expand. But I don’t know that that will happen on the investment timeline of anyone reading this article. It seems that buying overpriced coffee in a paper cup is a rite of passage into the global middle class, and there are still multiple billions of lower-income consumers yet to join their ranks.

Starbucks’ revenues barely dipped during the 2008 meltdown and Great Recession and are hitting new highs with every passing year. And to top it off, Starbucks is more profitable than at any point in its history based on its return on equity.

A lot can happen over the span of one’s retirement. But I think it’s safe to say that SBUX is a stock that will outlive us all.

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Article printed from InvestorPlace Media, http://investorplace.com/2017/05/the-10-best-growth-stocks-for-a-well-funded-retirement/.

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