Fast-food giants ready for China rebound

China recently announced several new measures to stimulate its economy. That’s good news for McDonald’s and Starbucks, which continue to expand their presence in that country. Investors will also benefit from their long-term commitment to lifting their dividends.
MCDONALD’S CORP. $299 is a buy. The company (New York… Read More

Activists prompt CEO change

STARBUCKS CORP. $98 is a buy. The coffee chain giant (Nasdaq symbol SBUX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 1.1 billion; Market cap: $107.8 billion; Price-to-sales ratio: 3.0; Dividend yield: 2.5%; TSINetwork Rating: Above Average; www.starbucks.com) is down from its 2021 peak of $121 due to slowing… Read More

Activists will aid in their turnaround

Starbucks and Algonquin Power are working with activist investors as they embark on turnaround strategies. However, Autodesk (see box) is resisting activist pressure. Even so, we like the outlook for all three picks.
STARBUCKS CORP. $93 is a buy for aggressive investors. The company (Nasdaq symbol SBUX; Consumer… Read More

Fast-food giants continue to expand in China

Even though China’s economic growth as slowed lately, these two fast-food giants continue to expand in that country. We feel these investments will ultimately pay off, which will let them keep raising their dividends.
STARBUCKS CORP. $75 is a buy for aggressive investors. The company (Nasdaq symbol SBUX;… Read More