Is Starbucks a safe buy?
Is Starbucks a safe buy?
Adam Nguyen
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Luke Gomez
lol no. they are paying for gender reassignment surgery for trans fags.
Aiden Edwards
They ruined any "premium brand" image they had left with that open door shit. I ain't buying. My friend worked there for a decade and has ~150k of stock I'm trying to get her to diversify
Andrew Taylor
It's a stupid buy.
Hunter Ramirez
tell me this is not true
Asher Brown
>They ruined any "premium brand" image they had left with that open door shit.
How young are you? Starbucks started going downhill back in the mid-00's
Ethan Morgan
Lost three years worth of progress in less than a month.
Chairman and CFO are gone.
The question is, can they recover?
Luke Ortiz
It's fake news from Jow Forums
What they are doing is providing health insurance plans that cover those surgeries. They aren't paying for them directly.
Adrian Gutierrez
Yes
>had left
The stores near me were already de-facto homeless camps, but now it's company policy. Feel sorry for the rank and file
Christopher Reyes
Yes
Buy SBUX
Blake Stewart
it's true and it's fucking retarded
uk.businessinsider.com
Dylan Lewis
its a fad!
Oliver Lee
Yes this is the bottom.
Future growth of starbucks from this point on is only upwards.
Thomas Moore
If you think Starbucks is going anytime soon you are just retarded, simple as that. Recent short term dip is because of slow holiday sales, I'm just waiting for the bounce back to confirm and I will be jumping in heavy.
Landon Jenkins
>holiday sales
In June?
Leo Kelly
It's been a fad for over 20 years. Urbanites like buying expensive coffee.
Justin Carter
Latest financial report showed lacking holidays sales so people started selling because bears are dumb.
Michael Jackson
Q2 was back in April, why would it be taking a hit now?
Isaac Gray
SBUX is a great div stock, buy while you still can get the 3% starting yield
Nolan Ward
The 3% is very tempting. I just don't want to get fucked on the actual evaluation if this 15% dip is part of a larger issue.
Jack Jenkins
Because they are cover transgender surgeries and some other shit.. I cant remember exactly, but that is a part of the reason.
Anthony King
That was announced June 26th, why would it start dropping June 19th?
Asher Ross
Are homeless shelters profitable?
Kayden Robinson
The initial drop was an earnings report + slide off
Their cash flow is more than enough for me to buy, they are raising the div 50% every year
Jack Robinson
>Formerly luxurious place that is now overrun with homeless people and smells like shit because of liberals.
Its San Fransisco in microcosm.
Alexander Cooper
It was announced publicly on the 26th.
That doesnt mean other knew about it beforehand.
Thomas Gray
lol the whole market is overvalued. ya buy starborks
Jeremiah Green
im not fucken buying
Isaac Anderson
Great buy. Oversold. Earnings will cause solid price action.
Justin Hughes
so it's true
Henry Hall
It seems like the higher dividend would slow the fall, which it kind of has, there was a precipitous drop and now it's going sideways a bit. There obviously looks to be a long term support even lower, possibly around $40, but as long as Starbucks is continuing to offer the same dividend increasing at a regular rate I don't see why it would be allowed to fall even more.
Ryan Thomas
if Starbucks goes under, you can kiss away about 20% of all service industry employment
they're basically a US welfare program at this point
Grayson Hernandez
Asher Phillips
Meh. I’m too brainlet to buy indivisual stocks. Vanguard mutual funds are the way to go.