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Five Reasons to Sell SBUX
As bullish as I am on Sirius
XM stock, I despise Starbucks (SBUX). I advise avoiding
the king of expensive coffee for multiple reasons.And if you already own SBUX, you’d be smart to sell before it’s too late. You would have good reason, as you’d be locking in profits.
The stock has rocketed up some 65% since early March.SBUX is a complete mess and should no longer be viewed as a darling entrepreneurial growth story. Such is the danger of being a
one trick pony. Once the trick ends, the company never is able to recapture the magic.Investors, though, tend to be optimists. They fall in love with the story and so they’re more willing to forgive and forget — “You
can do it again SBUX, I just know it!”Um, that would be a big “no.” SBUX cannot do it, and if you’re smart, you will sell this stock now before it’s too late.














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