One company sure to survive our current drought is Starbucks, as all of the coffee company's raw materials are grown internationally. Consumer-goods analyst Austin Smith thinks Starbucks has an advantageous cost structure compared with other food companies. If Starbucks gets pulled down any further, it could be a great buy.
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Austin Smith and Eric Bleeker have no positions in the stocks mentioned above. The Motley Fool owns shares of Starbucks. Motley Fool newsletter services recommend Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.