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Jim Cramer on Starbucks: 'I Think it Was a Very Positive Quarter'

Jim Cramer on Starbucks: 'I Think it Was a Very Positive Quarter'

Yahoo5 days ago
Starbucks Corporation (NASDAQ:SBUX) is one of the stocks Jim Cramer shared his views on. Cramer said that he found the company's earnings to be 'pretty encouraging,' despite weaker-than-expected numbers. He remarked:
'Even though the headline numbers were weaker than expected, I found the overall results to be pretty encouraging. Keep in mind, Starbucks has been a long-term holding for my Charitable Trust, not always a good holding, but for the past year, ever since they poached Brian Niccol from Chipotle to take over as CEO, stock's been doing much better…
Pixabay/Public Domain
Starbucks (NASDAQ:SBUX) operates as a global coffee retailer and brand. It offers beverages, food items, and packaged products through company-operated and licensed locations.
While we acknowledge the potential of SBUX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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