Starbucks May Fall Again After Q3 Earnings

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Equity markets have had a huge run up since the Brexit vote so now may not be the time to invest in Starbucks (NYSE:SBXU) especially if earnings come in soft. However anything around the $50 level would be a solid buy for this stock. Starbucks is increasing its margins, is a leader in digital (mobile app) and is rapidly rolling out more stores internationally. This stock eventually will go higher

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