“I Wanna Buy It,” Says Jim Cramer About Starbucks (SBUX)

Core Viewpoint - Starbucks Corporation (NASDAQ:SBUX) is under the leadership of CEO Brian Niccol, who is seen as having a challenging path ahead, yet there remains a belief in the company's potential for recovery and growth [2]. Group 1: Company Performance - Jim Cramer has expressed interest in buying Starbucks stock, noting that it has been affected by broader consumer stock trends [2]. - Cramer compares Niccol's strategy to that of Ramon Laguarta, highlighting the introduction of new products as a key to revitalizing the brand [2]. - There is optimism that Niccol's plans could lead to significant stock price increases, with a potential target of $100 [2]. Group 2: Market Context - The discussion around Starbucks occurs within the context of a third bull run anniversary in the market, indicating a broader market sentiment that may influence consumer stocks [1]. - Cramer acknowledges the competitive landscape, suggesting that while Starbucks has potential, other AI stocks may offer higher returns with lower risk [2].