Starbucks Corp (SBUX)
$102.33 0.51 (0.50%)
19:56 EST SBUX Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 141.22B
PE Ratio 33.44
Volume (Avg. Vol.) 5.52M
Day's Range 101.21 - 102.69
52-Week Range 50.02 - 107.75
Dividend & Yield 1.32 (1.29%)
SBUX Stock Predictions, Articles, and Starbucks Corp News
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After a year no one will ever forget, it's time to take a look at five stocks that are the best investments to start 2021.
These seven restaurant stocks have adapted during the pandemic and are poised to deliver for investors when the economy recovers. Hungry?
By Thomas Niel
After unexpected strength in 2020, it's time to take the money and run for these 9 stocks to sell before the end of the year.
Starbucks took a hit during the pandemic. But Investor Day shows the company is going back on offense, which makes Starbucks stock a buy.
Here is how to read the Starbucks results: down means up for Starbucks stock. It is worth up to 35% more as Covid-19 restrictions ease.
All of a sudden, Starbucks stock is a darling of the markets as well as the analyst community. However, traders shouldn't get too ahead of themselves.
By Joel Baglole
The global pandemic is likely to be in our rearview mirror in 2021 and these stocks are positioned to benefit from an economic reopening.
Easily one of the most disrupted market segments have been restaurant stocks. However, the Covid-19 crisis may actually offer a contrarian though risky bullish narrative.
Amazon, Twitter, Starbucks and Under Armour were our top stock trades on Friday. That said, let's look at the charts for next week.
Starbucks stock initially was a pandemic loser, but investors now are taking the long view. Earnings will keep it that way.
As restaurants and reopen in the following months, the food industry shows a lot of upside potential. Here are the top food stocks to buy.
As market valuations look stretched, it's a good time to consider exposure to some low beta safe stocks that feature dependable dividends.
Starbucks lost money in its June quarter but it's still raising the dividend next month, an indication that the worst of the pandemic is over.
Starbucks has stumbled but positive earnings should give the stock a jolt. Starbucks stock could easily move up another 20% as same-store sales and analysts forecasts go positive.
By Joel Baglole
Wall Street and Main Street are both working to save the environment. Here is how you can help through ESG investing.
Beyond Meat has the best performance year to date of food stocks with a market cap of $2 billion or more. Here are six others to buy.
The novel coronavirus and resulting quarantine led a lot of new investors to join in the markets. Here are 10 stocks for beginners to buy.
From Yahoo Finance
(Bloomberg) -- China’s economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share of global trade and investment.The world’s second-largest economy is set on Monday to report gross domestic product increased 2.1% in 2020, the only major economy to have avoided a contraction, according to a Bloomberg survey of economists.That should ensure its share of the world economy rose at the fastest pace this century. Global output fell 4.2% last year, according to the World Bank, pushing China’s share of it to 14.5% at 2010 dollar prices -- two years earlier than expected.And it’s not just a blip that’ll reverse once other large economies begin to recover as vaccines are rolled out. Economists expect China’s GDP will expand 8.2% this year, continuing to outpace global peers including the U.S.China is now on course to pass the U.S. as the biggest economy in 2028, said Homi Kharas, deputy director for the global economy and development program at the Brookings Institution, two years faster than he previously estimated.After withstanding President Donald Trump’s trade war, China is deepening economic ties within Asia and Europe and looking to domestic consumption to power its next phase of growth. President Xi Jinping said this week that “time and the situation” were on the country’s side in a new year marked by domestic turmoil in the U.S.Read More: Upbeat Xi Says Time on China’s Side as Turmoil Grips U.S.If its local virus control success continues, the pandemic could help China “solidify its position in the global economy,” said Ka Zeng, director of Asian studies at the University of Arkansas. U.S. and European companies are likely to focus more on China due to the “potential for the country to be the only large source of growth in the post-pandemic world.”The record jump in China’s global GDP share was just one among many milestones for its economy last year:The economy converged with the U.S. at the fastest pace on record. China’s GDP was 71.4% of U.S. levels in 2020, according to the International Monetary Fund, up 4.2% from the previous yearThe share of global trade increased as pandemic-related exports surged. Already the world’s top exporter, China’s shipments increased 3.6% in 2020, according to official data. Total world trade likely contracted 5.6%, according to estimates from the United Nations’ trade and development body UNCTADChina likely regained the title as the world’s top destination for foreign investment, which it lost to the U.S. in 2015. Foreign investment into China reached more than $129.5 billion through November 2020, slightly above the previous year. Globally, FDI flows are likely to have fallen 30-40% year-on-year in 2020, according to UNCTADThe Fortune Global 500 list of the world’s largest companies by revenue for the first time contained more companies based in China, including Hong Kong, than in the U.S.: 124 vs. 121Full-year movie box office receipts overtook the U.S. for the first timeSovereign debt was added to the FTSE Russell benchmark index, completing the country’s inclusion in all three top global bond indexesChina’s enhanced role in a post-pandemic world increases the urgency of debate among the rest of the world about how to engage with Beijing. While the Trump administration has levied tariffs and curbed access to key technologies, other countries have sought closer trade and investment ties.Fifteen Asian countries including China signed the Regional Comprehensive Economic Partnership pact in November, vowing to reduce trade barriers in the region. In December, the European Union agreed a comprehensive investment deal with China.“Countries will have to deal with a bipolar world rather than a unipolar world,” said Bo Zhuang, chief China economist at TS Lombard.What Bloomberg Economics Says...“Not only China’s growth, but also the pattern of its growth matters for the global economy. China continues to strive to move towards greater reliance on consumption for growth. For the rest of the world, China will increasingly become a consumer in addition to the producer role it has long played.”\-- Chang Shu, chief Asia economistChina’s leaders usually downplay economic milestones, such as its economic output overtaking Japan’s in 2010, for fear of spooking those already wary of its ascent. Yet Beijing announced this year it would aim to double GDP from 2020 levels by 2035, a goal that implies a march to number one.Still, there’s no guarantee that will happen. China proved pessimists wrong in 2020, but faces huge challenges ranging from worsening relations with the U.S. potentially limiting its access to technology, an over-reliance on debt-funded investment, and a rapidly aging population.Read More: Here’s How Fast China’s Economy Is Catching Up to the U.S.China’s role as factory to the world was enhanced last year as it pumped out face masks, medical equipment and work-from-home gear. While political leaders such as France’s Emmanuel Macron have vowed to manufacture more at home following the pandemic -- echoing U.S. rhetoric about “decoupling” from China -- any shift to diversify production will be gradual due to the high costs involved.Multinational companies have another reason for sticking with or even adding to their investments in China: The fast-growing consumer market, which is already eclipsing the U.S. and Western Europe in some sectors.China now accounts for one quarter of the global middle class, defined as the population spending $11 to $110 per person per day in 2011 purchasing power parity terms, a milestone that “wouldn’t have been reached for two more years if Covid-19 hadn’t happened,” said Kharas of the Brookings Institution.Both General Motors Co and Volkswagen AG continued to sell more cars in China than in their home markets last year. Starbucks Corp. plans to open about 600 new stores this year, while Nike Inc. reported sales in China of $2 billion for the first time in the quarter ended November.“We’ve watched wave after wave of the pandemic hit different markets,” Nike’s Chief Financial Officer Matthew Friend said on a December investor call. “And really, the only marketplace where we’ve seen continued sort of trajectory in terms of managing the virus has been China.”(Corrects China’s share of U.S. GDP from source in first bullet point.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
From Yahoo Finance
(Bloomberg) -- Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.President Xi Jinping called on Starbucks Corp. to help improve China-U.S. ties, striking a business-friendly tone as the Biden administration prepares to take over in Washington.“I hope Starbucks will make active efforts to promote China-U.S. economic and trade cooperation and the development of bilateral relations,” Xi said in reply to a letter from Chairman Emeritus Howard Schultz. Xi’s letter was dated Jan. 6 and published Thursday by the official Xinhua News Agency.“China has embarked on a new journey of comprehensively building a modern socialist country, which will provide a broader space for companies from all over the world, including Starbucks and other American companies, to develop in China,” Xi wrote.Chinese leaders have often tried to utilize ties with U.S. business leaders to improve U.S.-China relations, and have repeatedly stressed the role of commerce as a stabilizer in bilateral ties. Relations between the two countries have worsened over the four years of the Trump presidency, a major challenge for President-elect Joe Biden.Schultz’s letter congratulated Beijing on the near completion of the plan to build a “moderately prosperous society,” and expressed respect for the Chinese people and Chinese culture, Xinhua said.“It was a great honor to receive a reply from President Xi,” Schultz said in a statement to state broadcaster China Global Television Network. He added that he shared with Xi a recently released Chinese-language edition of his book, “From the Ground Up: A Journey to Reimagine the Promise of America.”Schultz previously said that China was a competitor of the U.S. rather than an enemy. He stepped down from his position as executive chairman of the coffee giant in 2018 and is estimated to be worth $5.1 billion, according to the Bloomberg Billionaires Index. He considered running for U.S. president in 2020 as an independent.(Updates with Schultz’s statement to CGTN.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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