On April 24, Starbucks Corp. (Nasdaq: SBUX) extended its history of matching or beating earnings expectations to nine consecutive quarters. No surprise there. After all, it owns one of the most recognizable brands in the world. Go to any given U.S. city and try walking a few blocks without seeing the Starbucks logo pasted across a green awning. It’s nearly impossible. Shares are already up 24% in 2015 and are poised to continue higher. That makes now the perfect time to execute my Income Multiplier strategy on Starbucks. It could earn you 5.4% in… Read More
On April 24, Starbucks Corp. (Nasdaq: SBUX) extended its history of matching or beating earnings expectations to nine consecutive quarters. No surprise there. After all, it owns one of the most recognizable brands in the world. Go to any given U.S. city and try walking a few blocks without seeing the Starbucks logo pasted across a green awning. It’s nearly impossible. Shares are already up 24% in 2015 and are poised to continue higher. That makes now the perfect time to execute my Income Multiplier strategy on Starbucks. It could earn you 5.4% in 64 days or allow you to buy the stock at a 9.5% discount. In the last 22 years, Starbucks has been one of the best-performing stocks in the S&P 500. Since going public in 1992, shares have increased nearly 16,000%, crushing the market’s 407% return. Although the company won’t repeat the same incredible performance, Starbucks still has plenty of room to grow. The company has more than 12,000 locations in the United States. This year, Starbucks plans to increase its store count by 650 in North America and by… Read More