5 Best Epicenter Stocks To Buy Now

4. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holders: 58   

Tigress Financial analyst Ivan Feinseth recently raised the price target on Starbucks Corporation (NASDAQ:SBUX) stock to $136 from $130 and kept a Buy rating, underlining that consumer mobility and spending would continue to accelerate in 2022. The analyst also highlighted new labor investment initiatives of Starbucks Corporation (NASDAQ:SBUX) that were expected to drive “long-term shareholder value”. Starbucks Corporation (NASDAQ:SBUX) operates as a specialty coffee retailer. 

Starbucks Corporation (NASDAQ:SBUX) has featured among the favorite hedge fund stocks for years. Among the funds being tracked by Insider Monkey, London-based investment firm Fundsmith LLP is a leading shareholder in Starbucks Corporation (NASDAQ:SBUX) with 10.7 million shares worth more than $1.1 billion. 

In its Q2 2021 investor letter, Polen Capital, an asset management firm, highlighted a few stocks and Starbucks Corporation (NASDAQ:SBUX) was one of them. Here is what the fund said:

“For Starbucks, we believe the underlying businesses for the company remain strong. Starbucks has grappled with the impact of the pandemic, but results have continued to show an ongoing post-pandemic recovery.”