Cramer Says Starbucks (SBUX) Will Be Substantially Higher In Near Future
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Today, on Stop Trading, Jim Cramer or as he may be soon known as, Jim 'Contrary Indicator' Cramer said that Starbucks (Nasdaq: SBUX) will be 'substantially higher' in 15 months.
Cramer once again called a bottom in housing and stocks this week. He has done this several times in the past in 18 months as can be seen here and here in this video.
Starbucks Corporation (Starbucks) purchases and roasts whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, a variety of complementary food items, coffee-related accessories and equipment, a selection of premium teas and a line of compact discs, primarily through Company-operated retail stores.
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