CCdaCE
Full time employment: Posting here.
- Joined
- Apr 3, 2006
- Messages
- 897
Starbucks? It's trading near a 52 week low, but the PE is still pretty high (35).
Relative to other similar businesses, like "Peet's Coffee & Tea", the PE is low.
Lots of other things to consider, but is anyone seeing what I'm seeing (or not seeing?). Profit is off 1% in Q1 vs. 2006 avg., and it seems like SBUX may be losing their way (managment is selling other crap, besides coffee, like CDs, etc.)
I don't plan on buying any shares other than what's in Vanguard's Total Stock Market Fund, just throwing it out there for a talking point.
-CC
Relative to other similar businesses, like "Peet's Coffee & Tea", the PE is low.
Lots of other things to consider, but is anyone seeing what I'm seeing (or not seeing?). Profit is off 1% in Q1 vs. 2006 avg., and it seems like SBUX may be losing their way (managment is selling other crap, besides coffee, like CDs, etc.)
I don't plan on buying any shares other than what's in Vanguard's Total Stock Market Fund, just throwing it out there for a talking point.
-CC