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. 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 ...
Wall Street is working on a new platform which will ease the trading, storing and spending digital assets. That’s bullish for bitcoin and other cryptocurrencies. It will help them gain acceptance among investors, merchants and consumers. 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 ...
Buzz has returned to McDonald’s, just as it’s cooling for other franchises. more...
Take a look at the following examples since they have been married (they married in 2004): Apple $AAPL (iPhone, iMac, iPad, iTunes, apps, etc.)Starbucks $SBUX (Caramel macchiato)Google $GOOG (Search: computer & phone)Amazon $AMZN (Prime, enough said!)Facebook $FB (Every day)Costco Wholesale $COST (Member since before we were married)Target $TGT (The go-to store)Coach $COH (Several hand bags; even my own business bag)Michael Kors $KORS (Watches & accessories)CVS ...
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