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Starbucks stock jumped after earnings last week, and it was up 16% over the past year, despite falling sales and sagging earnings. There's been some progress, and investors are picking up on that.
Starbucks started as a growth stock but has since transformed into a highly reliable dividend stock with a forward yield of 2.6%. The dividend has become a core part of Starbucks' investment thesis.
Starbucks has been dominating the retail coffee market, with its 17,049 stores in the U.S. and 40,576 in total worldwide. And it generated $9.4 billion in revenue in its latest fiscal quarter, 28 ...
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According to data from S&P Global Market Intelligence, Starbucks shares were up 25.4% as of 12:25 p.m. ET for the week. Person receiving a Starbucks order through a car window. Image source ...
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Before you buy stock in Starbucks, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Starbucks wasn ...
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