This past week I invested in Starbucks on the stock simulator game. At the time, I bought the company only becuase I am familiar with and enjoy thier products. After doing some research, I have decided that Starbucks is a decent investment.
One of the tools I used to investigate my stock was the stock scouter on msn money. Starbucks has a 7 out of 10 rating, with its main faults being unsteady ownership and a higher price-to-earnings multiple than other stocks. Over the past 52 weeks, Starbucks' stocks have gone up gradually. They have not had any huge drops or rises. It is more steady compared to other coffee companies such as Caribou Coffee.
Prediction...what is price?
ReplyDeleteWhy is it better than competitors?