Starbucks Corporation (SBUX)
SBUX which is roughly 6 points off its 52 week high has been attracting a lot of attention as of late. With gas prices dropping, consumers are expected to begin spending more, especially on service industries, more specifically SBUX. We agree with Cramer that SBUX will reach $40 a share. Look to buy on a correction and hold until it reaches around $38 a share, which is where it saw resistance around its 52 week high, then ring the register.
posted by Stock Administrator @ 1:00 PM
Starbucks Corporation (SBUX)
SBUX which is roughly 6 points off its 52 week high has been attracting a lot of attention as of late. With gas prices dropping, consumers are expected to begin spending more, especially on service industries, more specifically SBUX. We agree with Cramer that SBUX will reach $40 a share. Look to buy on a correction and hold until it reaches around $38 a share, which is where it saw resistance around its 52 week high, then ring the register.
posted by Stock Administrator @ 1:00 PM
0 Comments:
Post a Comment
<< Home