Starbucks has wrongly become a hated stock, Jim Cramer says

South Africa News News

Starbucks has wrongly become a hated stock, Jim Cramer says
South Africa Latest News,South Africa Headlines
  • 📰 NBCLA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

“I’ve not seen anything that indicates Starbucks is being hurt in China,” CNBC’s Jim Cramer said Thursday.

has wrongly become a"hated stock," amid concerns about the coffee chain's growth opportunities in China, CNBC's Jim Cramer said Thursday.

His Charitable Trust, the portfolio used by the CNBC Investing Club, owns shares of Starbucks., bringing its annual payout to $2.28 per share. That translates to a yield around 2.4%, based on Wednesday's closing price of $95.16 per share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCLA /  🏆 319. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are the 15 stocks Jim Cramer is watching, including 3 recent IPOs and StarbucksHere are the 15 stocks Jim Cramer is watching, including 3 recent IPOs and StarbucksHere are some of the tickers on my radar for Thursday, Sept. 21, taken directly from my reporter's notebook.
Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayJim Cramer's top 10 things to watch in the stock market WednesdayThe Dow, the S&P 500 and the Nasdaq are set for higher opens on Fed decision day after Tuesday's lower closes.
Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayJim Cramer's top 10 things to watch in the stock market ThursdayInvestors are digesting the latest update from the Federal Reserve Wednesday, including the likelihood of leaving rates higher for longer.
Read more »

Here are the 14 stocks Jim Cramer is watching, including Apple, Goldman Sachs, AmazonHere are the 14 stocks Jim Cramer is watching, including Apple, Goldman Sachs, AmazonHere are some of the tickers on my radar for Wednesday, Sept. 20, taken directly from my reporter's notebook.
Read more »

This retailer is in a ‘really bad situation,' and investors should stay away, Jim Cramer saysThis retailer is in a ‘really bad situation,' and investors should stay away, Jim Cramer saysThe circumstances around JPMorgan’s downgrade of Dollar General (DG) appear “highly unusual,” CNBC’s Jim Cramer said Wednesday.
Read more »

Starbucks faces lawsuit over 'fruitless' drinks as judge allows case to proceedStarbucks faces lawsuit over 'fruitless' drinks as judge allows case to proceedA U.S. District judge in New York has given the green light for a lawsuit against Starbucks to proceed. The plaintiffs allege that Starbucks engaged in deceptive marketing practices related to its Starbucks Refresher beverages, which are promoted as fruit-based beverages available at Starbucks outlets.
Read more »



Render Time: 2025-02-27 20:37:09