Advertisement
New Zealand markets closed

  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     

  • NZD/USD

    0.5898
    -0.0008 (-0.13%)
     

  • NZD/EUR

    0.5524
    -0.0021 (-0.37%)
     

  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     

  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     

  • OIL

    83.15
    +0.42 (+0.51%)
     

  • GOLD

    2,408.70
    +10.70 (+0.45%)
     

  • NASDAQ

    17,186.22
    -208.09 (-1.20%)
     

  • FTSE

    7,897.17
    +20.12 (+0.26%)
     

  • Dow Jones

    37,939.23
    +163.85 (+0.43%)
     

  • DAX

    17,749.38
    -88.02 (-0.49%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • NZD/JPY

    91.1040
    -0.1500 (-0.16%)
     

Why Starbucks Is 1 of the Best Stocks to Hold in 2023

John Ballard, The Motley Fool
·3-min read
Why Starbucks Is 1 of the Best Stocks to Hold in 2023

Over the last five years, share prices of Starbucks (NASDAQ: SBUX) have nearly doubled and significantly outperformed the S&P 500 index. The best barometer of Starbucks' brand is the growth in the channel development segment. This segment only makes up 5% of total revenue, but it includes the branded products that Starbucks offers with Nestlé (OTC: NSRGY) (OTC: NSRG.F) and other partners at retail locations outside of its company-operated and licensed stores.

Continue reading