Jim Cramer’s Game Plan for This Week: 16 Stocks in Focus

6. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holders: 84

Starbucks Corporation (NASDAQ:SBUX) was mentioned as part of Cramer’s game plan for this week as he said:

“Tuesday night, okay, I’m betting that Brian Niccol will spell out his strategy for Starbucks, both domestic and international…. The stock first shooting up 30 points on Niccol’s appointment and then giving almost all of it back when the numbers didn’t turn around immediately and the market got ugly. I always thought that a quick breakout was a ridiculous assumption, but now the rubber’s going to hit the road, and I still don’t see a breakout quarter, but we’re going to hold it nonetheless.”

Starbucks (NASDAQ:SBUX) is a famous global brand that roasts, sells, and markets coffee. It provides a variety of beverages, coffee beans, and food items at its locations.