Should You Buy Starbucks Stock With $1,000 Right Now and Hold for 5 Years?
Starbucks (NASDAQ: SBUX) is in the midst of a major turnaround. As part of CEO Brian Niccol's "Back to Starbucks" plan, the leading coffeehouse chain is trying to win back customers and get on stronger financial footing. However, it will surely be a tough road ahead. It's been extremely difficult for Starbucks investors. As of this writing, the restaurant stock has produced a total return of just 23% in the past five years. This pales in comparison to the 104% total return of the S&P 500 Index.Should investors buy Starbucks shares with $1,000 right now and hold until 2030?Continue reading
Starbucks (NASDAQ: SBUX) is in the midst of a major turnaround. As part of CEO Brian Niccol's "Back to Starbucks" plan, the leading coffeehouse chain is trying to win back customers and get on stronger financial footing. However, it will surely be a tough road ahead.
It's been extremely difficult for Starbucks investors. As of this writing, the restaurant stock has produced a total return of just 23% in the past five years. This pales in comparison to the 104% total return of the S&P 500 Index.
Should investors buy Starbucks shares with $1,000 right now and hold until 2030?
