Cramer: Buy Starbucks If It Pulls Back to $59
Recent woes aren't a signal to sell the coffee giant.
Jim Cramer says Starbucks (SBUX) - Get Report is working hard to fix the "mosh pit" that many of its stores face when too many customers who ordered online show up at the same time. But he thinks the coffee giant will ultimately fix the problem, so investors who don't already own SBUX might want to get in if the stock falls back below $59 (from around $60 Thursday).
"I think they're solving it, and they're going to solve it in a way that is very additive to us," Cramer said during a monthly conference call with members of his Action Alerts PLUS club for investors.
This article was written by a staff member of TheStreet.
