Starbucks: Don't Let Short-Term Headwinds Overcomplicate This Opportunity

bedo Overview I previously covered Starbucks (NASDAQ:SBUX) (NEOE:SBUX:CA) in January and rated it a buy. However, the guidance outlook was slashed over the last earnings report and the stock has plummeted since then. However, I think this presents an opportunity and the market drastically overreacted to the downside. Even though the short-term noise may have clouded judgement, data reinforces the fact that coffee is still in demand and the cult following of Starbucks will likely be maintained throughout ...