Starbucks stock is cheap. Here's why we're not planning to buy more of it yet

A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023.

Kevin Dietsch | Getty Images

Investors have lost their taste for Starbucks stock as the company faces headwinds in key markets across the globe. We also remain tentative on the next steps until these challenges roll over and the company shows proof of improving financials.


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