Could This Regional Coffee Chain Stock Be the Next Starbucks?
There’s little question that early investors in Starbucks (SBUX 0.24%) have been amply rewarded. Since the company’s $17 IPO in mid-1992, the stock has returned an incredible 40,000% — even after the recent beating inflicted at the claws of the ongoing bear market. Starbucks redefined expectations in the takeout coffee market by providing a welcoming atmosphere and a consistent product — becoming the bar by which all other coffee shops were measured.
