Shares & Derivatives
Why This Global Coffee Stock was Up 75%
By Value Invest Asia  •  January 27, 2021
Starbucks (NASDAQ: SBUX) is a US$120 billion coffee beast. Its trademark green mermaid logo is well-known all over the world. Today, it has more than 32,000 company-owned and licenses stores. And people can’t get enough of its premium-priced coffee. During the pandemic, Starbucks had to shut its stores a large number of its stores, and that also includes the ones in Singapore. In the US, the ones which remained opened were limited to “drive-through windows” and deliveries. But now, as stores are beginning to open, businesses are beginning to recover. Meanwhile, a potential vaccine and treatments are on the way, which will only make people more confident of going out to normally like it was pre-COVID-19 days. And when people can freely leave their homes again, a lot of pent-up demand for Starbucks will return. Investors who are looking to build their portfolio for the long term might want to hear this....
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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