Starbucks Corporation (NASDAQ:SBUX)
Many people have seen the spoof in The Onion about a Starbucks Corporation (NASDAQ:SBUX) opening up a new store inside one of its bathrooms. With that kind of reputation, it’d be easy to think that this company is over-saturated. The truth is, though, that expanding beyond coffee to carefully selected foods, and focusing on international markets, has Starbucks trading for more than 30 times earnings.
China is currently a hot spot for growth, so I’ll be looking to see whether that trend is continuing, as well as checking on other regions where the company is looking for growth. I’ll also keep my eye on comments from management about the progression of food opportunities coming from my next visit to Starbucks.
The article “The World’s Greatest Growth Portfolio” Has a Big Week Coming Up originally appeared on Fool.com.
Fool contributor Brian Stoffel owns shares of Apple, Amazon.com, Starbucks, and Baidu. The Motley Fool recommends and owns shares of Amazon.com, Apple, Baidu, and Starbucks.
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