Looking to buy Starbucks stock at a discount? Put selling can be a smart strategy to help you be compensated for your patience and buy a top-quality company at a conveniently low price.
Starbucks (SBUX 0.53%) is arguably one of the strongest companies in the consumer goods sector, and the future looks bright for the coffee Goliath thanks to its unparalleled brand recognition and multiple growth venues. For investors looking to buy Starbucks stock at cheaper prices, put selling could be a smarter way to go than simply waiting for a pullback.
The following slideshow explains how put selling works, and why Starbucks is a great candidate for such strategy.
Andrés Cardenal has no position in any stocks mentioned. The Motley Fool owns and recommends Starbucks. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
