Starbucks reported fiscal-year 2023 first-quarter earnings results that shocked investors.
The international coffee chain is thriving as the economic reopening gains momentum. Starbucks (SBUX +1.02%) expects to catch a tailwind as China is the latest economy to reopen after COVID-19 lockdowns.
*Stock prices used were the afternoon prices of Feb. 4, 2023. The video was published on Feb. 6, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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