Is Starbucks Stock a Buy After Its Massive Drop?

The company's many challenges may be an opportunity for investors.Buy straw hats in the winter, when nobody wants them, and sell them in the summer when everybody needs them.--American billionaire investor Kenneth FisherIt's repeatedly been shown that the best time to buy stocks is when everyone else runs for the exits. This was true during the worst of the pandemic -- most recently, in 2022, as you can see in the chart of an exchange-traded fund (ETF) indexed to the S&P 500: Inflation was raging, and many ...