Cramer thinks Starbucks is a buy
Jul 27th, 2009 | By admin | Category: Cramer Stock PicksCramer thinks Starbucks will be a comeback story, similar to McDonald’s in 2003, especially since a new group of value investors are interested in the leading coffee chain. With the return of CEO Howard Schultz, Starbucks has cut costs dramatically by closing 800 stores and reducing expenses. These savings accounted for the company’s earnings beat, [...]
