Stock Market

Why Investors Should Continue To Avoid Luckin Stock

There’s no compelling reason to get excited about this stock. The only real news out there is that Chinese regulatory authorities will impose a 61 million yuan penalty against the company after it admitted to fabricating revenue earlier this year.

Hopes For Recovery Of Coffee Prices

Prices for derivatives at US stock exchanges dropped sharply, just to return to a balanced state after a few hours when traders regained their composure.

The Revival in Luckin Coffee Could Score You 1,000% Gains

In InvestorPlace’s financial newsletter The Daily 10X Stock Report, which is aimed at delivering to your inbox, every single day, a stock pick that could rise by at least 10x, I alerted subscribers on July 27 that disgraced and beaten-up Luckin Coffee (OTCMKTS:LKNCY), despite all odds, looked like a strong buy with huge upside potential. Since then, Luckin stock surged more than 125% higher.

Will This Small Change Boost Starbucks’ Share Price?

“We anticipate that comparable store sales will substantially recover in China and the U.S. in fiscal 2021 by the end of our first quarters and second quarters, respectively,” said CFO Patrick Grismer on the most recent earnings call. Handheld point-of-sale at drive-throughs, curbside pickup, and a revamped Stars for Everyone rewards program are all key initiatives Starbucks will employ.

3 Coffee Stocks To PERK UP Your Portfolio

Warren Buffet once said, “Never invest in a business you cannot understand.” So, if you enjoy drinking coffee, you may also enjoy investing in coffee stocks. Restaurants that serve coffee have not fared well during the COVID-19 pandemic.

Starbucks Raises Its Dividend By 10%

The first distribution of the enhanced amount will take place on Nov. 27 to investors of record as of Nov. 12. At the latest closing stock price, the new dividend would yield just under 2.1%.

Let’s Roll The Dice And Give Luckin Coffee A Chance

Sometimes it’s perfectly okay to flip-flop on a stock. Recently I looked through the news developments concerning Luckin, and I didn’t see anything terrible. Is it possible that the worst is over for Luckin stock holders?