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No. of Recommendations: 1
i think it is a higher quality range-bound stalwart - so you trade it

I mean, maybe I'm old, but - as an example - the morn evaluation (one of many) on their latest announcement bemoaned the failed execution of this company which I guess I view as laughable. SBUX is one of the handful of greatest businesses in my lifetime and they are entitled to mess up a little bit, esp. since they have been over promising lately (been obvious - this underperformance was pegged up-front by many). I just figure they will get it straight. Does have China risk (15% of operating income) as you know.

Again, a $50 to $60 play and back again, but I'm only dink size right now and just started buying yesterday and today. I would make it more than a dink lower than $50 but view it as a trade.
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