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Starbucks Corporation Message Board

  • techglass1 techglass1 Jun 10, 2013 10:33 AM Flag

    why pay 32x earnings for upside in paying that high

    its growing nicely..but at 32x earnings and almost 4x sales...its bubble territory..momentum stock...

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    • Kramer suggest that even though SBUX is over priced, it is still a buy.
      “TheStreet Ratings rates Starbucks Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.”

      Of coarse be sure to account for Kramers track record also.

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