| DON'T BUY | 15.060 | Pat Naccarato | (Market Call Minute.) A company that has come down a long way but not quite there yet. Getting more attractive. | 2008-09-10 | |
| DON'T BUY | 15.180 | Norman Levine | Was a great bull economy stock. When things turned down, people stopped paying the premium for their coffee. Over expanded. | 2008-09-05 | |
| DON'T BUY | 16.840 | Bob Stodgell | Have expanded aggressively the last few years. There is a trend towards other products. Getting a lot of competition. Think they have some hard decisions to make. | 2008-05-20 | |
| SELL | 15.950 | Paul Thornton | Suffered a giant decline from $40. You would think the decline was over, but he sees some things on the fundamental side that concerns him. He would be a seller despite the large decline. Concerned there will be more downside. | 2008-05-07 | |
| SELL | 18.280 | David Burrows | (Market Call Minute.) When a growth stock is broken, it can take a long time to get going again. | 2008-04-18 | |
| BUY | 17.830 | Paul Harris, CFA | At these levels it's a good buy. Management has been changed. Looking to grow their stores at a slightly slower pace. Still have lots of potential for international expansion. | 2008-02-21 | |
| SELL | 18.150 | Andrew Guy, CFA | (Market Call Minute.) It will be a while before it grows into its current valuation. | 2008-02-06 | |
| SELL | 18.510 | Paul Gardner, CFA | (Market Call Minute.) Valuation is still too high. They need to cut down their non-performance stores. | 2008-02-05 | |
| TOP PICK | 18.910 | Mike Lyons CA, CFA | Thinks really painful markets when combined by a stumble can create really attractive entry points. 1.5X sales and 20X earnings are multiples that he is comfortable with. Great growth prospects ahead of them. More international potential. | 2008-01-31 | |
| HOLD | 19.050 | Brian Acker, CA | (Market Call Minute.) A weak Hold. His model price is $20.12, a 4% positive differential. If they screw this one up, look for it back at $12.64. | 2008-01-17 | |
| BUY | 23.390 | Pat Naccarato | Stock has come off quite hard and there is value now on a Price/Cash Flow basis. Generates a lot of free cash flow. Growing very rapidly. | 2007-11-30 | |
| DON'T BUY | 23.990 | Bill Carrigan | This is in a long downtrend and you just don't argue with down trends. | 2007-11-13 | |
| DON'T BUY | 22.570 | Norman Levine | Stock had a huge run over the long run and in more recent times, has started coming off. The growth they were showing was unsustainable and the valuation was very high. Going into a weaker economy, they are vulnerable to their cheaper competition. | 2007-11-09 | |
| DON'T BUY | 26.520 | John O'Connell, CFA | Have been struggling. Going through a transition from just selling coffee to having a lot more products in their stores. Still trading at a pretty lofty multiple of a round 30X present earnings. | 2007-10-04 | |
| BUY | 27.370 | John O'Connell, CFA | Has moved into selling food goods as well as coffee, which have lowered margins. Because of growth expectations, it had been one of the high P/E stocks. Good price. | 2007-08-27 | |
| BUY | 26.680 | John O'Connell, CFA | Going through a transition where they are getting more food products and merchandise in their stores. This has lowered their margins a little bit. Still growing their stores pretty handsomely. Good price. | 2007-07-31 | |
| WAIT | 26.500 | Norman Levine | A great franchise. Unfortunately, its valuation got way out of whack. Much better value and now and same store sales has improved. Would wait until it stops going down. Low to mid $20 would be a good entry point. | 2007-07-18 | |
| BUY | 26.450 | Paul Harris, CFA | At these levels is very interesting. Lots of international growth available for them. Very good brand name. | 2007-06-28 | |
| DON'T BUY | 26.260 | Brian Acker, CA | The model price is $21.05 giving it a negative 22% differential. Expect the bottom will be around the $25 area. Consider buying at around $24.96. | 2007-06-21 | |
| SELL | 28.890 | Jeff Parent | The support level of approximately $29 was broken and has dropped to the $28 level. What is significant is that it is dropping past all support levels. Consider it as a weak sell. | 2007-05-23 | |
| DON'T BUY | 28.950 | Norman Levine | Hitting a 52-week low and is starting to be better value, but would never consider this stock as a value one. Great franchise and good prospects but may be overextending themselves. | 2007-05-18 | |
| BUY | 28.200 | David Burrows | There is no uptick in the earnings estimates. Trading at a premium to it's multiple. No catalyst in the short run to make it run higher. | 2007-05-16 | |
| Comment | 30.180 | David Baskin | Has always been an expensive stock on a price to earnings multiple, because their growth rate has been so spectacular. Would never underestimate this company. | 2007-05-08 | |
| Comment | 31.050 | John Manley | Showing a lot of support in the $29.30 area. The relative strength versus the overall markets on a weekly and daily basis is still quite weak. If it broke through the trend line you could enter a short-term trade and then trail yourself up as it moves higher, but wouldn't risk more than $1. | 2007-04-16 | |
| DON'T BUY | 31.950 | Gavin Graham | Has dropped quite a bit in the last year. If consumer spending is tightening up, there may be further weakness. Have big expansion plans, but they may be over marketing and ending up cannibalizing their other stores. | 2007-03-26 | |
| BUY | 30.580 | Paul Harris, CFA | Stock has fallen and is trading at its lowest multiple. Although it trades at a slight premium in its sector, it has the highest ROE, better margins and better EPS growth. They have the ability to become international. They'll probably meet their earnings target and will grow. | 2007-03-16 | |
| BUY on WEAKNESS | 35.250 | Steve MacMillan | A great business because the way they have it set up. Penetration that they can get in cities is quite large, so expansion opportunities allow them to double their store base. Looking to expand internationally. Would prefer to buy in the low $30’s. | 2007-01-03 | |
| BUY | 38.480 | Norman Levine | Trades at too high a multiple for him. Executing brilliantly. Same store sales continue to be strong. | 2006-11-14 | |
| SELL | 29.960 | Bruce Campbell | Same store sales are down. With the economy, expect their expensive coffees to sell less. | 2006-08-10 | |
| DON'T BUY | 31.140 | James Cole, BA, CFA | It’s at 50 X earnings which is difficult to justify. | 2006-01-17 | |
| DON'T BUY | 31.130 | Bill Carrigan | Looking at a long-term chart, the beginning of 2005 could be an Elliot third wave, which would indicate a consolidation. You are near the end of a move and it could be dangerous. | 2005-11-28 | |
| HOLD | 29.500 | David Baskin | Sales went up 10% and they split their stock 2 for 1. They seem to have a winning formula and it seems to be exportable to other countries. Wouldn't bet against them. Not buying any US stocks at the moment. | 2005-11-08 | |
| BUY on WEAKNESS | 49.030 | Brad Willock | A great company. The stock has been flat for a good long while. Coffee prices have been rising. Would buy on weakness. | 2005-08-31 | |
| DON'T BUY | 47.510 | David Baskin | A terrific company. Big believer in it, except it is not a great stock. Has a good product, good concept and good management. A bad stock because it is trading at 50 X earnings. | 2005-04-11 | |
| TOP PICK | 47.220 | Craig Blum | Both a growth and international story. Market is growing. | 2004-10-01 | |
| DON'T BUY | 45.030 | John Sinkins, CFA | Has outperformed the general market. Take some money off the table if you own. You can only open so many stores and create so many items before your revenues start to slow. Raising their prices 4/5% in the US. | 2004-09-13 | |
| DON'T BUY | 43.700 | David Baskin | Was surprised at how strong this company has been. The trend has had an amazing staying power. Valuation is too high for them. | 2004-08-17 | |
| DON'T BUY | 38.050 | Matt Barasch | Priced quite high at this point. A great innovator. Expects their successful international growth story will continue. | 2004-02-19 | |
| DON'T BUY | 23.630 | Larry Berman CFA, CMT, CTA | Has had a great trend. Cyclical. Running into some technical blocks. Would like it below $20. | 2002-07-08 | |
| DON'T BUY | 22.410 | John Sinkins, CFA | Has grown fast because of tech money moving in as a haven. Very expensive and can drop when money moves back out. | 2002-05-09 | |
| DON'T BUY | 39.730 | Noah Blackstein, B.A., CFA | Likes a lot. Great franchise, smart mngmnt. Prefers buying at $30 | 2001-04-25 | |
Experts that have talked about Starbucks