SBUX - Starbucks Corporation
| Previous Close | 96.52 |
| Open | 97.23 |
| Bid | 96.89 x 900 |
| Ask | 96.90 x 1800 |
| Day's Range | 96.22 - 97.41 |
| 52 Week Range | 52.42 - 99.72 |
| Volume | 3,438,325 |
| Avg. Volume | 7,833,758 |
| Market Cap | 115.971B |
| Beta (3Y Monthly) | 0.52 |
| PE Ratio (TTM) | 34.64 |
| EPS (TTM) | 2.80 |
| Earnings Date | Oct 30, 2019 |
| Forward Dividend & Yield | 1.44 (1.51%) |
| Ex-Dividend Date | 2019-08-07 |
| 1y Target Est | 95.68 |
- Yahoo Finance Video
Luckin Coffee falls after first earnings report since IPO
Shares of the Chinese coffee chain dipping following its first earnings report since its IPO. Luckin posted wider-than-expected losses as it tries to expand rapidly and serve up discounts to challenge Starbucks. Yahoo Finance's Brian Cheung joins Akiko Fujita.
- Yahoo Finance Video
Pumpkin Spice Lattes arrive early for Starbucks, Dunkin
Yahoo Finance's Dan Roberts, Scott Gamm, and Anjalee Khemlani discuss the race to autumn with Dunkin and Starbucks rolling out their Pumpkin Spice Lattes in late August.
- Market Realist
Pershing Has Outperformed YTD Thanks to These Stocks
Bill Ackman’s Pershing Square Holdings is having a stellar 2019. It's seen a year-to-date gain of 48.9% as per its letter to shareholders.
- TheStreet.com
Starbucks Is Now a Turnaround Story -- Here's How Management Did It
Let's just say third quarter didn't disappoint. Read ICYMI to find out what that really means.
- Moody's
Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 -- Moody's affirms eight classes of MSBAM 2017-C33
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.3% of the current pooled balance, compared to 5.1% at Moody's last review. Moody's base expected loss plus realized losses is now 4.2% of the original pooled balance, compared to 5.0% at the last review.
- GuruFocus.com
Bill Ackman's 2nd-Quarter Letter to Shareholders of Pershing Square Holdings
Discussion of markets and holdings Continue reading...
- Motley Fool
Starbucks vs. Luckin: What to Consider
Coffee has a habit of sticking in countries it’s introduced to, but which one will capture China’s taste buds?
- Bloomberg
Apple, EU Set for September Showdown Over Record Tax Bill
(Bloomberg) -- Apple Inc.’s 13 billion-euro ($14.4 billion) battle with the European Union reaches the bloc’s courts next month in a hearing set to throw the spotlight on antitrust commissioner Margrethe Vestager’s crackdown on tax deals doled out to big companies.The EU’s General Court, its second-highest tribunal, will hear arguments in the challenges by the iPhone maker and Ireland over two days set for Sept. 17-18. The U.S. last year lost a bid to intervene in the case in support of Apple.The European Commission in August 2016 ordered Ireland to recoup the record sum plus interest, saying the world’s richest company was handed an unfair advantage. The EU decision reverberated across the Atlantic, triggering criticism from the U.S. Treasury that the EU was making itself a "supra-national tax authority" that could threaten global tax reform efforts.The Irish government said in an email it “profoundly disagrees” with the EU’s decision and “is engaging fully with the process and ensuring the best presentation of the state’s position.” The commission in Brussels declined to comment.Apple didn’t immediately respond to requests for comment.Appeals over tax cases have been piling up at the EU’s courts since 2015, when the commission issued its first orders against Luxembourg and the Netherlands to recoup unpaid taxes from a Fiat Chrysler Automobiles NV unit and Starbucks Corp. respectively.The court heard arguments in both cases last year with rulings yet to come. A first ruling in the series of decisions by EU antitrust chief Vestager ended in a setback in February for the EU when Belgium won a bid to overturn an order to recoup about 800 million euros from 35 companies, including Anheuser-Busch InBev NV.(Updates with EU response in fourth paragraph.)\--With assistance from Peter Flanagan.To contact the reporter on this story: Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman, Christopher ElserFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool
Luckin Coffee's Losses Look Dangerously Unsustainable
The Chinese coffee giant should start acting like a public company instead of a hot start-up.
- Investor's Business Daily
Dunkin' Brands, IBD Stock Of The Day, Tests Buy Point With This Highly Bullish Signal
Dunkin' Brands is IBD Stock Of The Day. It's testing a buy point, with a tasty chart offset by so-so earnings. Starbucks and other restaurants are stock market leaders.
- Benzinga
Luckin Coffee CFO Talks Trade War, Competition And Path To Profitability
Luckin Coffee reported second-quarter results and the company is "very happy" with its performance, Shakel said on CNBC. The company looks to separate itself from rival Starbucks Corporation (NASDAQ: SBUX) by not only selling beverages at around half the cost but prioritizing takeaway and delivery, he said. Luckin is guiding investors to hit store-level break-even profit as soon as the third quarter 2019, he said.
- Market Realist
Ackman Makes Berkshire Bet: What It Means for Investors
According to the regulatory filing from Bill Ackman’s Pershing Square Capital, the fund has taken a new stake in Berkshire Hathaway (BRK.B).
- Bloomberg
Chinese Starbucks Rival Luckin Falls Most Since IPO Amid Cash Burn
(Bloomberg) -- Luckin Coffee Inc., the chain trying to take on Starbucks Corp. in China, plunged the most since its U.S. trading debut in May after it issued earnings for the first time as a public company.Luckin, which is based in China and listed in the U.S, said it was taking a hit from trade tensions and the slowing Chinese economy as it races to open stores and burns cash to build market share in China’s nascent coffee market.The shares sank 17% to $20.44 in New York on Wednesday. The shares were up 44% from the $17-a-share initial public offering price through Tuesday’s close.Despite the share plunge, which came on a day when global recession fears were weighing down markets, Luckin is on track to start breaking even at its individual locations this year, according to Chief Financial Officer Reinout Schakel. He added that the company could benefit from its lower prices if trade tensions and the weakening Chinese economy continue to hit consumers.“With the proposition we have around affordability, we’re well-positioned to weather that storm,” Schakel said in an interview.Luckin posted a net loss of 681.3 million yuan ($97 million). Revenue was 909.1 million yuan, compared with analysts’ estimates of 909 million.It is seeking to overtake Starbucks in China by opening more stores in two years than the industry giant has in 20 years. Investors have questioned the Xiamen, China-based company’s strategy of sacrificing profits to lure new customers with discounts when the Chinese economy is growing at its slowest pace in three decades, while a prolonged U.S.-China trade war damps consumer confidence.Starbucks’s IPO-Bound China Rival Wants to Re-Invent Coffee GameChina is becoming an increasingly important market for coffee retailers as the country’s middle-class tea drinkers develop a taste for java. Luckin has an uphill battle, as it claimed only 2.1% of the market last year, while Starbucks has more than a 50% share and also plans to continue its rapid expansion by opening one store every 15 hours.Luckin’s store count may be on track to overtake Starbucks this year, but the vast majority of its outlets are kiosks for delivery and takeaway, unlike the plush hang-out spaces at Starbucks.(Updates with closing share price. Previous version corrected to show figures in sixth paragraph are net loss rather than operating loss)To contact the reporters on this story: Jeff Sutherland in Tokyo at jsutherlan13@bloomberg.net;Craig Giammona in New York at cgiammona@bloomberg.netTo contact the editors responsible for this story: Rachel Chang at wchang98@bloomberg.net, Anne Riley MoffatFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Investor's Business Daily
Luckin Coffee Vows To Top Starbucks In China Amid Aggressive Expansion
Luckin Coffee earnings were mixed for Q2, the first quarterly report for the Starbucks rival in China since its May IPO. Luckin Coffee stock fell.
- Market Realist
Luckin Coffee Sinks on Wider-than-Expected Loss
Luckin Coffee (LK) is a fast-growing Chinese coffee chain. It was founded two years ago, and since then, it's opened thousands of stores in China.
- Motley Fool
Luckin Coffee's Breakneck Expansion Comes at a Price
The Chinese coffee chain is racing to expand its network as it prioritizes market share above profits.
- InvestorPlace
5 Stocks to Avoid Amid the Ongoing Trade War
Thanks to the trade war, numerous S&P 500 stocks could arguably deserve a place on a "stocks to avoid" list. Over the last few years, much of the growth in the most-established United States equities has come from China. With almost four times the population as the U.S., many saw the country's potential when it began to turn away from communist doctrine.Now, many of these have become stocks to avoid in today's market. With a trade war that has lasted more than 18 months, many equities have sold off due to dimming earnings prospects. * 15 Growth Stocks to Buy for the Long Haul However, investors should also remember that China has built its emergence in large part on the American consumer. Their need for access to U.S. markets should lead to an eventual trade deal.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut until the U.S. and China sign such an agreement, the following companies should remain stocks to avoid. Stock to Avoid: 3M (MMM)Source: Shutterstock As an applied science and manufacturing powerhouse, 3M's (NYSE:MMM) dependence on China should not surprise anyone. In 2018, 31.3% of the company's revenues came from the Asia-Pacific region, of which China is a dominate influence. It comes as somewhat of a shock that in what many consider the "century of Asia," revenues from that region have fallen over the last year, helping to make MMM stock one of these five stocks to avoid.Moreover, the firm once known as Minnesota Mining and Manufacturing Company faces issues of its own. It remains a conglomerate in an era when such business groupings make less sense. Also, although it continues to innovate, e-commerce has made it easier for small companies to invent competing products and bring them to market.MMM stock has lost 37% of its value since the trade war began. Despite this loss, investors will likely not rush in at a forward price-to-earnings ratio of almost 16. Nor will they want to buy 3M stock with a predicted long-term growth average of 3.4%. They might react to the dividend yield that has moved near 3.5%. However, with a payout ratio above 56%, even the dividend faces some dangers.While investors should not write this company off, MMM's profit growth will struggle to gain traction without help from Chinese consumers and businesses. General Motors (GM)Source: Shutterstock Arguably, all U.S. car companies could make the stocks to avoid list due to the trade war alone. However, General Motors (NYSE:GM) likely faces the most pain. GM stock has seen little price growth since it resumed trading in 2010. In 2018, GM sold almost 700,000 more vehicles in China than in the U.S.GM has long faced struggles with sales growth in other regions. This includes North America, where it would struggle to earn a profit it not for strong truck and SUV sales. Hence, General Motors' overall sales growth depends on China. Due to tariffs, investors do not seem optimistic that this growth will materialize.On the surface, GM stock looks like a bargain. It trades at around six times forward earnings and its dividend yields almost 4%. Still, with no average profit growth expected over the next five years, investors should see little reason to buy. * 7 Safe Dividend Stocks for Investors to Buy Right Now Even without tariffs, GM and its peers would struggle in China amid intense competition. However, GM's P/E ratio likely prices in these troubles. If it can escape the tariffs, GM stock may finally sustain a move higher. Still, with the specter of these import duties, GM will remain cheap for a reason. Las Vegas Sands (LVS)Source: Shutterstock Despite the company name, the growth of Las Vegas Sands (NYSE:LVS) depends on mainland China. Five of the company's nine casinos operate in Macao, a special administrative region of China.Because China has banned gambling outside of Macao, the company's significant presence in this region would seemingly guarantee LVS stock billions in revenue. However, as the Chinese spend less amid the tariffs, they have also gambled less in Macao's casinos.This has devastated LVS stock. Las Vegas Sands peaked at over $81 per share in June 2018. Thanks to reduced revenue related to the tariffs, the stock has fallen by more than 35% to the $52 per share range. Over the last year, it has tested the high-$40's per share range more than once only to bounce back.That said, LVS maintains a forward P/E of about 15.6, and analysts expect meager long-term growth. This does not make Las Vegas Sands cheap. Still, a trade deal, or even the hint of one, could take it off of the stocks to avoid list. As late as July, LVS stock traded in the mid-$60's per share range simply due to the earlier optimism of a trade agreement. Unless such confidence leads to an actual deal, investors should stay away. Qualcomm (QCOM)Source: Shutterstock By most measures, Qualcomm (NASDAQ:QCOM) stock should not find itself on a stocks to avoid list. The world's smartphones depend on its chipsets to operate. The U.S. Department of Justice recently filed an amicus brief asking that Qualcomm be granted reprieve in a ruling that labeled the company a monopoly. These chipsets will help lead the 5G revolution, and even Chinese smartphone users cannot afford for tariffs to block Qualcomm's technology.Moreover, QCOM stock trades at a low valuation given its growth prospects. The forward P/E ratio is close to 16.7 as of the time of this writing. However, this buys average annual growth of an estimated 27.03% per year over the next five years.Still, the company depends on China for about two-thirds of Qualcomm's revenue. Despite its headquarters in San Diego, this makes the company a de facto Chinese equity. If tariffs further hurt QCOM stock, it will struggle to meet analyst growth targets. Even a resolution with the government or a better-than-expected 5G rollout may not save Qualcomm stock in that instance. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Qualcomm will wield tremendous power as 5G rolls out. For this reason alone, I would recommend buying QCOM stock in most cases. However, without a resolution to the trade dispute, stockholders will struggle to benefit from the 5G technological revolution. Starbucks (SBUX)Source: Shutterstock Strangely, Starbucks (NASDAQ:SBUX) stock has become one of the stocks to avoid due to the company's success. SBUX stock has risen by more than 80% over the last year. It also increased following its latest earnings report as comparable-store sales across the world rose by 6%.Still, saturation in both the U.S. and Canada has forced the company to look abroad for growth. Over the last few years, it has made expansion across China a primary growth goal. As of January, the company had established 3,684 stores in China, its second-highest store count behind the U.S.Moreover, Starbucks faces an emerging competitor in Luckin Coffee (NASDAQ:LK). Luckin has existed for less than two years. However, the Beijing-based coffee house opens a new store every 15 hours on average. Such a threat would constitute a challenge to Starbucks under the best of circumstances. However, a brutal tariff war could further undermine the Seattle-based coffee chain.China has helped keep earnings increases for Starbucks in the double digits. However, one has to question if investors will continue to pay more than 30 times forward earnings should the trade war end the growth of Starbucks China. This uncertainty, coupled with the multiple, should make SBUX one of the stocks to avoid.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post 5 Stocks to Avoid Amid the Ongoing Trade War appeared first on InvestorPlace.
- Barrons.com
Luckin Coffee Stock Is Sinking as Huge Sales Growth Still Didn’t Meet High Expectations
China’s second-largest coffee chain behind Starbucks reported underwhelming second-quarter earnings. Revenue jumped 648% but it lost 96 cents a share, much deeper than the 43 cents analysts had expected.
- Barrons.com
Luckin Coffee Reports Earnings Today. Here’s What to Expect.
China’s money-losing coffee chain Luckin Coffee still has big plans. When the company reports earnings, investors will look for more clues on whether the company can turn profitable before it runs out of cash.
- Reuters
Starbucks China rival Luckin sales surge in first results since IPO
Luckin Coffee Inc reported a more than seven-fold jump in quarterly revenue on Wednesday, in its first earnings report as a public company, as the Chinese challenger to Starbucks Corp rapidly opened new stores in its home market. Net loss attributable to the company's shareholders widened to 1.21 billion yuan ($172.5 million) in the second quarter ended June 30, from 1.13 billion, a year earlier as the company aggressively invests to overtake Starbucks this year as the largest coffee chain by number of outlets in China.
- InvestorPlace
PSL News 2019: Starbucks Pumpkin Spice Latte Release Date
PSL news 2019 has fans gearing up for the release of the seasonal drink from Starbucks (NASDAQ:SBUX).While there's no official PSL news 2019 from Starbucks itself about the release date for its drink, it's employees are spilling the coffee beans. Several have taken to social media and are saying that the chain will be bringing the Pumpkin Spice Latte back on Aug. 27, 2019.If these Starbucks employees have it right, then this means it will be the earliest official release of the Pumpkin Spice Latte in the history of the drink. It will be one day earlier than the launch of Aug. 28 from last year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile most customers may be waiting until Aug. 27 to get their hands on the Pumpkin Spice Latte, some might try to earlier than that. The Pumpkin Spice Latte has had secret early releases in years past and that may be the case again this year, reports Business Insider.It's also worth noting that there was more positive PSL news 2019 for fans of the drink earlier this month. This came in the form of a new Starbucks Pumpkin Spice Creamer. Customers can now buy this at grocery stores to make their own Pumpkin Spice Latte at home. * 7 Safe Dividend Stocks for Investors to Buy Right Now The release of the Pumpkin Spice Creamer from Starbucks comes alongside a wave of new pumpkin spice products. That includes Pumpkin Spice Flavored Ground Coffee K-Cup Pods, Pumpkin Spice Flavored Ground Coffee, Pumpkin Spice Latte K-Cup Pods; Instant Pumpkin Spice Latte; and Pumpkin Spice Latte Ready-to-Drink products. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now As of this writing, William White did not hold a position in any of the aforementioned securities.The post PSL News 2019: Starbucks Pumpkin Spice Latte Release Date appeared first on InvestorPlace.
- InvestorPlace
15 Growth Stocks to Buy for the Long Haul
Markets are choppy right now. Although there are a lot of risks out there, none of them are truly that big … yet. Investors are getting more concerned by the day, and that's why some growth stocks have taken a step back in August.It's also why volatility is up.But, zooming out, the biggest investment implication of this volatility is as follows: buy the dip in growth stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStocks should broadly head higher for the foreseeable future. As investors grow more cautious on the global economy, they have piled into U.S. Treasuries. At the same time, the Federal Reserve is cutting rates. The result is that the 10-Year Treasury yield is at 1.7%. And the inflation rate is at 1.6%.Thus, real rates are essentially zero, so if investors want any real return, they have to turn to the stock market. Concurrently, America's consumer economy is doing just fine -- it's just the manufacturing sector that's getting hit hard. Most of the U.S. economy is consumer-driven, so overall growth should remain healthy for the foreseeable future. This dynamic of healthy growth and low rates should keep stocks on an uptrend.Further, low rates are great for growth stocks, since these stocks derive a majority of their value from future profits, and the value of those future profits goes up in a low-rate environment. * 10 Real Estate Investments to Ride Out the Current Storm What all that means is that now is the time to buy the dip in growth stocks. Let's take a look at 15 of my favorite growth stocks to buy now and hold for the long haul. Growth Stocks to Buy for the Long Haul: Facebook (FB)Source: Shutterstock The bull thesis here is pretty simple. Facebook (NASDAQ:FB) owns all of the digital properties which consumers of all ages are addicted to -- Facebook, Instagram, Messenger and WhatsApp. One of those properties is the town hall of the internet, and everyone is on it (Facebook). One of those properties is the hottest app among young consumers (Instagram). Two of those properties are must-have global communication tools (Messenger and WhatsApp).In other words, everyone is in the Facebook ecosystem, and no one is leaving anytime soon. Because no one will leave, advertisers will continue to flock into the ecosystem. Ad revenues will march higher. The company will push forward with great success in commerce, too. That will bring in more revenue. Margins will remain high. Profits will soar.And so will FB stock. Shopify (SHOP)Source: Shopify via FlickrYou buy Shopify (NYSE:SHOP) stock for the long haul because this company is rapidly revolutionizing the commerce world, and could one day become the backbone of a new form of global commerce.Long story short, the commerce world is pivoting into a direct decentralized model, wherein anyone can sell anything to anyone else through any channel. This pivot requires technology to connect buyers and sellers. Shopify makes that technology. In so doing, Shopify is becoming the backbone of this direct decentralized retail world -- the digital "store front" for all these merchants, if you will.This world will only grow over the next several years, as the retail world increasingly decentralizes alongside the rest of the global economy. As it does, Shopify will become an increasingly important player in the multi-trillion dollar global retail market. * 7 AI Stocks to Watch With Strong Long-Term Narratives As that happens, SHOP's revenues, profits and the stock will all run higher in the long term. Luckin Coffee (LK)Source: Shutterstock Luckin Coffee (NYSE:LK) is a relatively small but rapidly expanding coffee house operator in China, which focuses on technology integration to drive sales (you basically order the coffee online, and then go pick it up in the store). Over the next several years, this company will continue to expand its real estate footprint with great success, because their tech integration fits perfectly with modern consumption habits.As such, within the next five years, Luckin will turn into the Starbucks (NASDAQ:SBUX) of China. Starbucks has a $115 billion market cap. Luckin Coffee has a $5.5 billion market cap. That huge discrepancy means that Luckin Coffee still has a big runway ahead of it for future value creation.Long term, then, LK stock should move higher as this company transforms into the dominant player in China's very big retail coffee market. The Trade Desk (TTD)Source: Shutterstock The long-term bull thesis on The Trade Desk (NASDAQ:TTD) centers around the programmatic advertising revolution.Long story short, programmatic advertising is the future of advertising. Before, ad buying/selling was a clunky negotiation process conducted between multiple human parties. Today, the ad buying/selling process is being automated and optimized using data. This automated process is programmatic advertising. Thus, as automation and data-driven technologies become more commonly deployed, programmatic advertising will become the standard in the ad industry.The Trade Desk is one of -- if not the -- most important player in the programmatic advertising market. As this industry expands over the next several years, so will The Trade Desk. The upside potential is that the global ad market is marching toward $1 trillion. The Trade Desk has a market cap of just $12 billion. * 10 Medical Marijuana Stocks to Cure Your Portfolio Thus, in the long run, TTD stock will march significantly higher as programmatic advertising becomes the ad industry norm. Roku (ROKU)Source: Shutterstock Consumers across the world are pivoting in bulk from linear TV to streaming TV. In response, multiple media and content companies are also pivoting into the streaming TV space, and launching their own streaming services. The result is that the streaming TV world is getting really crowded -- with a ton of demand and a ton of supply.Someone needs to connect all that demand with all that supply. That's what Roku (NASDAQ:ROKU) does. Through its content-neutral streaming ecosystem, Roku is turning into the cable box of the streaming TV world, seamlessly connecting consumers to their favorite streaming services. As the cable box of the streaming TV world, Roku stands to make a ton of high-margin revenue through subscription sharing and video ad dollars at scale.Net net, in the long run, as the streaming TV space grows, Roku's revenues and profits will march significantly higher. That will ultimately power ROKU stock higher in the long run, too. Pinterest (PINS)Source: Shutterstock The digital ad growth narrative is far from over. Consumers pretty much spend all their time in the digital channel. Yet, in 2018, digital ad spend accounted for less than 50% of total ad spend in the U.S. The market is growing at 20%-plus clip, too. The implication? The ad market still has a lot of growth firepower and a long growth runway ahead of it.That's great news for Pinterest (NYSE:PINS). Pinterest is a freshly public visual discovery platform with 300 million users. That's a big user base. But, Pinterest is just now starting to monetize with ads. That ad business has been growing at a great pace. It will continue to do so because the digital ad market is a secular growth market, and because Pinterest has a unique ad value prop in that market (visual discovery lends itself very well to ads). * 7 Transportation ETFs That Are Ready to Rally Over the next several years, then, Pinterest will start to monetize its users at the same rate as other major social media platforms. That creates visible runway for Pinterest to go from an $18 billion company today, to a $30 billion-plus company one day -- the market cap for Twitter (NYSE:TWTR) today. Square (SQ)Source: Via SquareThe long-term bull thesis on Square (NYSE:SQ) is all about two things: the global cash-less revolution, and Square's innovation trajectory in the cash-less payments world.Consumers everywhere are ditching cash. Why? Because cash is easy to lose. It's bulky, and can take up a lot of space. Cash transactions tend to take longer. In other words, there's a laundry list of reasons why consumers are pivoting away from cash usage, and why a cash-less world is the future of commerce. Yet, cash still accounts for 27% of all consumer payments in the United States, meaning that this secular cash-less payments growth narrative still has a ton of runway for future growth over the next several years.That's great news for Square, which has created an ever-expanding ecosystem in the cash-less payments world. At first, it started with Square creating hardware, which helped merchants of all sizes process non-cash payments. Ever since, Square has expanded into banking with Square Capital, peer-to-peer e-payments with Square Cash, and enterprise management services with Square Payroll and Square Orders. In other words, over the past five-plus years, Square has innovated relentlessly to expand its reach in the secular growth cash-less payments world.This combination of secular growth market backdrop and relentless innovation is a winning combination. Ultimately, it will propel meaningful long-term revenue and profit growth, which should in turn power SQ stock higher in the long run. Okta (OKTA)Source: Shutterstock Hyper-growth cloud security company Okta (NASDAQ:OKTA) is a solid long-term investment for two big reasons. First, cybersecurity is an increasingly important field that will grow by leaps and bounds over the next several years. Second, Okta has developed a unique solution in the cybersecurity world, which paves the path for Okta to gain meaningful share in this secular growth market.On the first point, cybersecurity is everything these days, and it'll only become more important over the next few years. Enterprises are pivoting everything to the cloud -- their workflows, their documents, their data, so on and so forth. They are doing so because the cloud enables more seamless, efficient work. But, it also opens up all that important stuff to a plethora of cyber risks. As such, enterprises are investing big to protect themselves from all those cyber risks, and will continue to do so in greater frequency as more information and workloads pivot to the cloud.On the second point, Okta has developed a unique security solution -- centered on identity -- which allows individuals within an enterprise to seamlessly and securely adopt any new software system (because an individual's identity does not change from system to system). This novel solution means that one security solution can be used without friction across an enterprise's entire ecosystem. That's a huge plus. Consequently, Okta has been winning share in the cloud security market (50%-plus revenue growth rates for the past several quarters) and projects to continue to keep winning share for the foreseeable future as identity-based solutions gain traction. * 10 Medical Marijuana Stocks to Cure Your Portfolio In sum, then, Okta projects as a big revenue and profit grower over the next several years. All that growth will inevitably power a bright future for OKTA stock. Tesla (TSLA)Source: Tesla It hasn't been all rainbows and sunshine for electric vehicle maker Tesla (NASDAQ:TSLA). Instead, it has been a very bumpy ride, with the stock ultimately going nowhere over the past several years.But, long-term investors would be wise to zoom out and see the forest through the trees. In the big picture, electrification is the future of transportation. Consumers globally are starting to recognize the value and importance of replacing gas-powered cars with EVs, and because it has become cool to be eco-friendly, they are also increasingly adopting EVs. At the same, legislation globally is pushing for broader EV adoption. The result? EV adoption rates will go from a few percentage points of the global auto market today, to 20%-plus over the next decade.That implies huge growth for the EV industry over the next decade. At the heart of all this growth is Tesla. Tesla owns 60% of the U.S. EV market, and that share has steadily grown over the past several years. Globally, Tesla owns over 10% of the market, and that share is also up over the past several years. With new models coming soon, it's reasonable to assume that Tesla will remain a relevant player in this market for several years to come.Thus, in the big picture, Tesla in a decade projects as a very important player in a huge EV market. That positioning will ultimately result in TSLA stock ending next decade significantly higher than where it trades hands today. Twilio (TWLO)Source: Web Summit Via FlickrThe long-term bull thesis on Twilio (NASDAQ:TWLO) is very simple. Communication is becoming an increasingly important part of the consumer experience, and Twilio enables that communication.In a nutshell, we are pivoting toward an experience economy. For consumer-facing brands, this translates as: no longer is it all about the product or service you sell, but it's also about the consumer experience that comes with buying that product or service. Thus, consumer-facing brands are increasingly looking to enhance their consumer experience. One way to do so is by integrating communication, i.e., the ability to communicate directly with consumers to improve their experience.Twilio provides the technological backbone which powers this brand-to-consumer communication. Over the next several years, this brand-to-consumer communication will become the norm in consumer experiences everywhere. That means Twilio will become part of the budget at every consumer-facing brand, which translates into huge revenue and profit growth potential over the next several years. * 10 Real Estate Investments to Ride Out the Current Storm As profits march higher over the next several years, so will TWLO stock. Canopy Growth (CGC)Source: Canopy Growth One of the biggest growth industries in the 2020's will be the cannabis market, and the company that projects to be at the head of all the growth is Canopy Growth (NYSE:CGC). That's why you buy CGC stock for the next decade.Current ground-level consumption trends -- many surveys and data-points suggest that recreational cannabis usage is nearly as common as alcoholic beverage usage -- and global legislative trends -- legislation everywhere is progressing towards full legalization of cannabis -- together imply that the legal cannabis market could be huge one day, and that all that growth will materialize relatively soon. Realistically speaking, the bulk of the legal cannabis market growth narrative will materialize between 2020 and 2030.The biggest company in this space right now is Canopy Growth. They have the biggest reach, the most production capacity, and the highest sales volume. They also have the widest global distribution network, the biggest balance sheet, and have been making the most aggressive expansion-oriented moves in the space. Thus, Canopy is really unrivaled in the cannabis world right now, and as such, projects to be a big grower in the 2020's as the cannabis market goes global.The result? Canopy's revenues will soar over the next decade. That huge revenue growth will drive dramatic margin improvements, and will one day result in huge profits at scale. Those huge profits will translate into a CGC stock price in a decade that should be meaningfully higher than today's stock price. Alibaba (BABA)Source: Shutterstock The China growth narrative has hit a major road-bump over the past two years as China's consumer economy has dramatically slowed. But, this growth narrative is far from over, and the long-term fundamentals here imply that China's most important consumer stock -- Alibaba (NYSE:BABA) -- will soar in the long run.China's once red-hot consumer economy has cooled recently, weighed by a combination of consumer fatigue and trade war inspired uncertainty. But, the fundamentals imply that this recent weakness is just a temporary slowdown in what still projects as a long-term growth market. Specifically, China's internet penetration rates, per capita income levels and per capita consumption rates remain well-below developed nation averages. Thus, China still has a long way to go before its economy is as urbanized and digitized as the economies of Europe and North America.China will get there one day. As such, China's consumer economy will continue to expand at an impressive pace over the next decade. As it does, China's big consumer-facing companies will continue to grow with equally impressive pace. The biggest of those consumer-facing companies is Alibaba. Consequently, Alibaba projects to remain a big grower for the next several years. * 7 Transportation ETFs That Are Ready to Rally Right now, sustained big growth is not priced into BABA stock. Thus, as sustained big growth materializes over the next several years, BABA stock will soar higher. Chegg (CHGG)Source: Shutterstock When it comes to Chegg (NASDAQ:CHGG), the long-term bull thesis is all about the digitization of the world's massive education market.The story here is simple. Today's high school and college students spend all their free time in the digital channel, with their heads buried in their phones sending Snaps, posting Instagram stories and watching YouTube videos. But, when they go into the classroom, very few things are digital -- teachers still write on white boards and students still take notes on paper.In other words, the digital transformation, which has changed the landscape of the consumer economy, has yet to hit the education market. This has created a huge disconnect between how students interact with their education materials, and how they interact with everything else.Chegg is trying to eliminate this disconnect by creating the world's first connected learning platform that takes the digital revolution, and applies it to the education market. This includes online textbooks, online solutions, on-demand e-tutors, on-demand writing help, online calculators, online test help, so on and so forth. Students love the Chegg ecosystem, mostly because it matches their everyday consumption habits.Over the next several years, Chegg will become the norm for high school and college students everywhere. There are 36 million high school and college students in America alone. Chegg only has 3 million subscribers. Thus, in the long run, Chegg will grow by a tremendous amount, which should lead to equally tremendous growth in CHGG's stock price. Beyond Meat (BYND)Source: Shutterstock You want to buy and hold Beyond Meat (NASDAQ:BYND) meat stock for the long haul because this company is in the top of the first inning of a huge plant-based meat growth narrative that will ultimately result in BYND stock heading meaningfully higher over the next decade.The bull thesis breaks into three parts. First, plant-based meats will one day turn into a sizable chunk of the huge global meats pie. Second, Beyond Meat will remain an important player in that soon-to-be huge global plant-based meats market. Third, realistic assumptions imply that BYND stock could be a multi-bagger.As I've discussed on InvestorPlace before, the numbers are simple:"The global meats market measures in around $1.4 trillion today. It will gradually grow to about $1.5 trillion by 2030. Global plant-based meats measure in around $12.1 billion today, or just under a percent of total meats sales. Plant-based dairy accounts for 14% of total dairy sales. That number is only growing, and current consumption trends indicate that plant-based meat can actually exceed that level of penetration at scale. By 2030, plant-based meats could account for 20% of the $1.5 trillion global meats market, or for about $300 billion in total sales."Let's say Beyond Meat turns into a 5% player in that market at scale. That implies $15 billion in revenue. Management has said gross margins will run toward 35%. Given the opex rates at other big meats players, Beyond Meat could realistically push its opex rate down to 20%. Thus, operating margins of 15% on $15 billion in revenue seems doable at scale. Doing the math on that and accounting for taxes, that combination should produce around $1.8 billion in net profits. Based on a market-average 16-forward multiple, that equates to a $30 billion market cap at scale. * 7 AI Stocks to Watch With Strong Long-Term Narratives BYND stock has an ~$10 billion market cap today. Thus, in the long run, this stock could triple. Axon (AAXN)Source: Shutterstock The long-term bull thesis on Axon (NASDAQ:AAXN) circles around this idea that, within the next several years, technology will increasingly transform the law enforcement industry in a big way, and that Axon will be the company at the heart of this technological transformation.Much like the education market, the law enforcement industry has been somewhat slow to pivot to the digitization trend. Axon is changing this. Through its portfolio of next-gen solutions, Axon is attempting to digitize the entire law enforcement industry, from head to toe. These solutions include smart weapons, body cameras, dash cameras, cloud archiving solutions, so on and so forth.Law enforcement agencies are increasingly adopting these solutions, partly because they have to keep up with the times and partly because they want to because they increase operational transparency and efficiency. Importantly, they are adopting Axon's solutions, simply because there is no other viable competitor in the market.Thus, as the law enforcement world continues to digitize over the next several years, Axon's revenues and profits will remain on a healthy long-term uptrend. That will keep AAXN stock on an equally healthy long-term uptrend.As of this writing, Luke Lango was long FB, SHOP, LK, TTD, ROKU, SQ, OKTA, TSLA, TWLO, CGC, BABA, CHGG, BYND and AAXN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Real Estate Investments to Ride Out the Current Storm * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * 7 Safe Dividend Stocks for Investors to Buy Right Now The post 15 Growth Stocks to Buy for the Long Haul appeared first on InvestorPlace.
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Why Red Lobster is aggressively expanding into China despite the trade war
Red Lobster's CEO Kim Lopdrup explains why they are opening stores in China even as the trade war rages on.
