(CNBC)-Shares of Starbucks fell more than 1 percent in the premarket after the company announced Howard Schultz is stepping down as executive chairman, effective June 26. The move by Schultz has sparked speculation about a possible future in politics, having been a supporter of former President Barack Obama and former presidential candidate Hillary Clinton.
Now being a value investor I have been on a off about this compnay for a while now. They have solid fundimentals, large ROE, low debt, and overall a large moat. Now the largest question I have is how far will this stock fall, if it does. If a large enough margin of safety presents itself, this could be a nice opportunity.
What do you think? Are you buying?
Submitted June 05, 2018 at 08:52AM by sisumoney https://ift.tt/2JbjWQ6
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