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6 pts

Opinion on  Starbucks Corp (SBUX)     Sector: Services  >  Industry: Restaurants
SBUX will be under pressure for a while.

Oct 06, 2008 11:00 PM UTC
Return Risk
-8.27% MID
Analyst

SBUX is in a tough economic environment now.  The costs are going up while consumers are tighting their budget.  Sure, people are still drinking coffee, but they probably will cut down a little or switch to lower premium drinks.  This condition will  not be improved for a while.  In other words, the stock will be a heading down.


SBUX:  This call was made on 10/06/08 @ $13.14
Rating:   Negative   $13.14 (10/06/08)
Gain/Loss:   +23.97% in 93 days


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