Thread regarding Starbucks Corporation (SBUX)

Sounds great until you look closer

Stock has been basically soaring. Fundamentals? P/E of 78 while net income dropped 75% from its peak. Cash flow is shrinking, dividend growth has basically stopped, and they haven't bought back shares since 2024. The turnaround story is being priced as a done deal. It's not. I'm nervous holding this at these levels.

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