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Jim Cramer on Starbucks: “I Think That Brian Niccol Is Going to Pull Off This Turnaround” [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
“Alright, well, let me retort with the fact that I think that Brian Niccol is going to pull off this turnaround. At one point, Starbucks today was all the way up to $94. It finished at $93.28. It's been a slow step-by-step, inch-by-inch move from the $70s, but it's coming back up. I hope that the Seven Brothers, the 7 Brews, the Seven Brides, whatever is doing well. But I got to tell you, my choice is Starbucks.” Pixabay/Public Domain Starbucks Corporation (NASDAQ:SBUX) sells coffee, tea, beverages, and food products through its stores and licensed outlets. The company's brands include Starbucks Coffee, Teavana, Seattle's Best Coffee, Ethos, and Starbucks Reserve. During the January 6 episode, Cramer said that he thinks the stock will make a comeback this year, as he stated: “Then there are the hope-spring-eternal buyers. I see a bunch of these stories, and I'm involved in some of them for the Charitable Trust, stocks like Nike, like Starbucks, which have seen their share price
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