Jim Cramer on Starbucks: There Are Multiple Problems Here

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said there is a lot not to like about Starbucks.
Author:
Publish date:

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said there are multiple problems with Starbucks (SBUX) - Get Report , including:

  • they had to get away from the 3-5% long-term guidance and they chose not to do it
  • they completely missed a China delivery issue

"There's a lot not to like," Cramer noted. 

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!