Starbucks perks up on margin strength: Are new highs in sight?
Key PointsStarbucks had a solid quarter but failed to meet consensus; other headwinds remain for the stock price action. Growth is present and expected to continue but reduced due to sluggish comp store growth in critical regions. As many reasons for the stock to rally, the chart tells a different tale with potential for new lows in the picture. 5 stocks we like better than StarbucksStarbucks Corporation NASDAQ: SBUX share prices perked up after the FQ1 release and guidance, but new highs are not in sight. ...