Buy $SBUX, don't just drink it. Own what you consoooom!

Key Stats:
P/E Ratio: 30.7
Dividend Yield: 2.26% (enough to cover a tall latte)
Free Cash Flow (FCF): 3.3B TTM
Next Earnings Date: Feb 4, 2025
Market Cap: 117B


Top 3 Technical Reasons:
1️⃣ Golden Cross Incoming: The 50-day SMA is closing in on the 200-day SMA, a classic "buy me" signal for trend chasers.
2️⃣ Support Strength: Holding the $93.50-$95 range like it's the Fort Knox of caffeine stocks. Multiple bounces indicate strong buyer interest.
3️⃣ RSI Divergence: RSI showing signs of upward momentum without overbought exhaustion.


Top 3 Fundamental Reasons:
1️⃣ China Recovery: With over 6,000 stores in China and a growing middle class, Starbucks is poised to benefit from increased discretionary spending.
2️⃣ Resilient Same-Store Sales: U.S. comps up 7% last quarter.
3️⃣ Dividend Growth Machine: 12% annual dividend increase for 13 straight years. Your caffeine addiction pays you back.


Potential Paths to Profit:
Option 1 (Lowest Risk): Buy and hold shares. Picking some up myself here.
Option 2 (Options Play): Jan 2025 $115 calls, currently priced at ~$5.50. Perfect for a bullish outlook with less upfront capital.
Option 3 (Spread Strategy): Sell the Jan 2025 $130 call and buy the $120 call to reduce costs.


Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
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