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Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?

Is SBUX a good stock to buy? We came across a bullish thesis on Starbucks Corporation on Quality At A Fair Price’s Substack by Longacres Finance. In this article, we will summarize the bulls’ thesis on SBUX. Starbucks Corporation's share was trading at $102.28 as of June 11th. SBUX’s trailing and forward P/E were 75.39 and 33.56 respectively according to Yahoo Finance.

Starbucks Corporation (SBUX) is the world’s leading specialty coffee retailer with over 40,000 stores globally, operating a premium beverage and food ecosystem built around its brand moat and scale advantages. The...