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Stock impact report

1 Beaten-Down Stock I Just Bought, and Another I Just Sold [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
However, I recently made a pair of significant investment decisions. I decided to finally add shares of Starbucks (NASDAQ: SBUX) to my portfolio after its recent post-earnings drop, and I also decided to cut my losses and sell a technology company that could be losing its long-term advantages. Here's why I decided to add the coffee giant to my portfolio, and what stock I decided to sell. I've been a fan for years, and now I'm a shareholder I've had Starbucks on my radar for several years, and I've been a fan of the business since the first time I visited one of its coffee shops in the late 1990s. As someone who knows the restaurant business well, I can say that Starbucks' profitability and execution of its growth strategy has been impressive, to put it mildly. But for one reason or another, I never bought the stock. That's changed now. After disappointing first quarter results, Starbucks plunged by about 17% and it became too attractive to ignore. Let's get the bad news out Show less Read more
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