Take profits on Starbucks after its huge run, and check out these 3 other stocks

Finance

A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California.
Lucy Nicholson | Reuters

In Friday’s “Morning Meeting,” we dug into our inbox and found an excellent question raised by a member of the Investing Club.

Starbucks – like Halliburton – has had a nice run lately. The Club trimmed some Halliburton on Thursday. Why not trim Starbucks too? I have a double-digit percent gain on shares accumulated over the past five months. It seems like I should take some off the table. I would appreciate your perspective on what I see as a similar situation, but two different stocks.

-Clay

Articles You May Like

Rent prices have dropped the most in these 5 U.S. metros. Why it’s cheaper to rent than buy in many markets
American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue
Beyoncé, a $100k-a-night suite and a red carpet of influencers: Dubai basks in its booming economy
Stocks making the biggest moves after hours: Snap, Electronic Arts, Advanced Micro Devices and more
Bright lights and snazzy mannequins: Walmart rolls out sleek new store designs