June 26, 2012
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Starbucks is set to open its first store focused on its Tazo teas. This is yet another good experiment for the company. Music sales may have been a stretch, but at least the company is always willing to test new ideas. It introduced smoothies, for example, as a way to compete with companies including Jamba. And its Evolution Fresh stores are another way to latch onto the growing trend of healthier living. Tea looks like another attractive opportunity. Teavana started trading publicly recently. The tea store thought the time was right and so does Starbucks. Will the concept work? That's hard to say. But if anyone can make it work, John and David think it can be Starbucks. And that could open up a world of potential growth outside of coffee. This one's going on the 10-Bagger watchlist.
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