Thursday, March 20, 2014

Starbucks Targets $100 Billion Market Value

In our previous post: 

Just few days back we posted on Starbuck and it started moving. The chart looks healthy with our blue candle showing bullish trend for mid-long term. Came across the news below saying that Starbucks is going higher, what a comfort news that confirms the trend. 

Starbucks Targets $100 Billion Market Value
Howard Schultz, the ambitious founder and CEO of Starbucks Corp. (NASDAQ: SBUX), believes the coffee company can have a market value of $100 billion, about twice its current level. He figures that Starbucks operates with an unequaled mix of store and e-commerce sales, which will be the key to years of rapid growth. The goal is ambitious, but based on Starbucks’ track record, Schultz has good ammunition for his case, keeping in mind how many tens of thousands of places sell coffee.

Read more: Starbucks Targets $100 Billion Market Value - Starbucks (NASDAQ:SBUX) - 24/7 Wall St.