Starbucks (SBUX): Safe Dividend & Possible Store Expansion

Published: April 8, 2022, 3:37 p.m.

b'"During the pandemic and with less mobility, people spent more money on durable goods like home improvement, vehicles, and iPhones. What we are seeing now is a pivot back to normal. Now is a better time to lean into service-related names," says Craig Basinger. Next, he provides his stock picks: Medtronic (MDT) and Starbucks (SBUX). Specifically on SBUX, Basinger states that lots of negatives are prices in and it has a super safe dividend. Is there an opportunity for Starbucks to open more stores in the future? Tune in for the full discussion.'