Alright, Will Ashworth, you win this round! One quarter ago, fellow Investopedia writer Will Ashworth took issue with me seeing limited appreciation potential in Starbucks (Nasdaq:SBUX) and laid out a case that Starbucks was still a good buy. With the stock up about 22% over the last quarter, blowing away other restaurants like McDonald's (NYSE: MCD) and other consumer stocks in general, there's little else for me to do but see where I got Starbucks so wrong and reevaluated where it can go from here.
Continue here for the full piece:
http://www.investopedia.com/stock-analysis/072613/starbucks-shows-why-its-starbucks-sbux-mcd-dnkn.aspx
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» Investopedia: Starbucks Shows Why It's Starbucks
Friday, July 26, 2013
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