As a scientist, I have been in medical device development and manufacturing. Every company faces ups and downs in manufacturing medical devices. FDA regularly visits those companies for audits. As an investor, I hired and a FDA compliance expert about two weeks ago to analyze the FDA findings and decide whether I shall sell my shares. According to the expert, the...
I am cautious and afraid that fast food restaurant stocks such as McDonald, Pizza Hut, Starbucks etc. will soon see a steady decline. Looking back at history, when USA threatens tariffs on countries such as China, Canada, Mexico and Europe at large, consumers in those countries become hesitant to spend money in American fast food chain. There are too many...
Hello everyone.
Let's dive right into it.
I speculate that SBUX stock could drop to $74 (see my chart analysis).
Our current economic conditions are similar to those from 2007 to 2009: high unemployment rates, lower wages/consumer staple prices, high credit card charge-offs, an initial 50-point base cut on Fed rates, etc. SBUX stock price was declining...
