2. As of noon trading, Starbucks Corporation ( SBUX) is down $0.74 (-1.1%) to $68.78 on average volume. Thus far, 2.3 million shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $68.69-$69.82 after having opened the day at $69.74 as compared to the previous trading day's close of $69.52. Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of September 30, 2012, the company operated 9,405 company-operated stores and 8,661 licensed stores. Starbucks Corporation has a market cap of $52.2 billion and is part of the leisure industry. Shares are up 29.6% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Starbucks Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Starbucks Corporation Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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