Starbucks Poised for a Perk-Up

Starbucks Corporation stock (SBUX), which Ockham Research featured in our January 1 post, appears as attractive now as it has ever been. SBUX has steadily declined by over 51% since the beginning of 2007. The company has begun to reign in domestic growth as it announced the closure of 100 poorly performing U.S. stores earlier this year and this is certainly a shift from the very aggressive growth posture that was once its hallmark.