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....