Starbucks: Looking Attractive At Current Levels

News Snapshot:

garett_mosher Starbucks Corporation (NASDAQ:SBUX) hasn't been participating in the upside rebound of the overall broader market indexes over the last four months. Instead, shares of the coffee chain have been moving mostly sideways. Over the last six months, it's been even more noticeable in terms of the divergence of SBUX relative to (SPY) and even the Invesco S&P 500 Equal Weight ETF (RSP). Ycharts The primary culprit for why investors are probably feeling a bit of déjà vu at this point, is because of China. However, it's not just a feeling of something we've already seen; China has been a...