While coffee’s not exactly essential, many people have a hard time getting through the day without it. So while stores all over the U.S. have almost completely shut down, Starbucks (NASDAQ:SBUX) is keeping its customers going with drive-thru. While closing sit-down and managing with fewer people out and about, the company will likely see a decline in sales for the current quarter. But that’s not stopping it from paying employees and coming through for patrons.
It’s this type of attitude and effort that sets Starbucks apart and makes it such a strong investment option for many. As of March 25, Starbucks stock is down 27% year to date, which makes now a great time to consider adding this discounted stock to your investment portfolio. Here are three reasons why.