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Starbucks (SBUX) Hits New Lifetime High Today

Trade-Ideas LLC identified Starbucks ( SBUX) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Starbucks as such a stock due to the following factors:

  • SBUX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $599.3 million.
  • SBUX has traded 1.1 million shares today.
  • SBUX is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SBUX with the Ticky from Trade-Ideas. See the FREE profile for SBUX NOW at Trade-Ideas More details on SBUX: Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. The stock currently has a dividend yield of 1%. SBUX has a PE ratio of 35. Currently there are 20 analysts that rate Starbucks a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Starbucks has been 9.3 million shares per day over the past 30 days. Starbucks has a market cap of $93.1 billion and is part of the services sector and leisure industry. The stock has a beta of 0.82 and a short float of 1.4% with 2.14 days to cover...