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  1. Starbucks: Why I Recommended Selling It

    by , 01-13-2019 at 02:55 PM
    A lot of readers asked why I didn't research Starbucks before recommending a new client sell it. It's a fair question that merits a thoughtful reply.

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    The stock's price-to-earnings multiple is 19 which is comparable to that of the S&P 500. A company without a clear growth plan trading at a market multiple is not a compelling investment. To be compelling, the stock would have to be a lot cheaper, or the CEO has put forth a credible plan ...
  2. Bitcoin: Intercontinental Exchange (ICE) announced plans to form a new company

    by , 08-07-2018 at 05:14 PM
    Wall Street is working on a new platform which will ease the trading, storing and spending digital assets. Thatís bullish for bitcoin and other cryptocurrencies. It will help them gain acceptance among investors, merchants and consumers.

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    Last week, Intercontinental Exchange (ICE) announced plans to form a new company, Bakkt, with the purpose to create an open and regulated global ecosystem for digital assets. The new company is expected ...