New Lifetime High Today: Starbucks (SBUX)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Starbucks ( SBUX) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Starbucks as such a stock due to the following factors:

  • SBUX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $353.5 million.
  • SBUX has traded 388,398 shares today.
  • SBUX is trading at a new lifetime high.

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More details on SBUX:

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. The stock currently has a dividend yield of 1.2%. SBUX has a PE ratio of 3. Currently there are 20 analysts that rate Starbucks a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Starbucks has been 8.1 million shares per day over the past 30 days. Starbucks has a market cap of $77.4 billion and is part of the services sector and leisure industry. The stock has a beta of 0.79 and a short float of 1.1% with 2.18 days to cover. Shares are up 26.3% year-to-date as of the close of trading on Thursday.

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