Finally, Jane Wells said Starbucks(SBUX) has gotten a buy recommendation from some analysts on expectations of some good news down the road. The company's sales have been 9% this quarter, she said, although it has attempted to turn things around with cost-cutting measures and reward cards.
Najarian pointed out another encouraging sign: the number of visitors is up year over year at its coffee locations. Still, Mache was extremely down on Starbucks' outlook: "It's dead. They can't revive it." "Check out "'Fast Money' Portfolios of the Week" on Stockpickr every Thursday.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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