In the following video, Motley Fool contributor John Reeves discusses the recent results of Starbucks (NASDAQ: SBUX ) in China. The company has been able to grow its business tremendously there, and John thinks this is a big part of the long-term investing thesis for Starbucks. On the recent conference call, CEO Howard Schultz noted that the company is on track for China to become its second largest market outside the U.S. by 2014. John is excited by this long-term trend.
The Motley Fool's chief investment officer has selected his No. 1 stock for this year. Find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.