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Starbucks' new coffee contraption, competition with McDonald's, and lessons from Chipotle.
Starbucks (Nasdaq: SBUX) is now banking on the Clover, a device that makes fresh-pressed single servings of coffee. The coffee retailer's current competition ranges from the supersized McDonald's (NYSE: MCD) to the more petite Peet's Coffee & Tea (Nasdaq: PEET). Will the Clover bring good luck to Starbucks' stock price? Is McDonald's a threat? What can Starbucks learn from the non-caffeinated success of Chipotle Mexican Grill (NYSE: CMG)(NYSE: CMG-B)? In this installment of "Fool Video," Motley Fool senior analyst Andy Cross talks about the future of Starbucks.
Chipotle has been recommended in both Hidden Gems (B shares) and Rule Breakers. Starbucks is a Motley Fool Stock Advisor recommendation. To find out what other stocks David and Tom Gardner have recommended to subscribers, take a 30-day free trial.
Lou owns shares of Chipotle and Starbucks. Mac owns shares of Starbucks. Andy doesn't own any of the stocks discussed. The Motley Fool has a disclosure policy.