On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said that the stock of Starbucks Corporation SBUX was down 4% after the company reported earnings on Friday.
Benzinga's analyst ratings data shows that seven analysts have a Buy or Overweight rating on the stock, and seven have a Neutral/Hold rating on SBUX.
Starbucks has a “10% comp in the US and 11% internationally,” Link mentioned. She recommended taking advantage of the pullback.
Check out other stocks making moves in the premarket.
Sarat Sethi of Douglas C Lane & Associates said that if Uber Technologies Inc’s UBER management “hit their matrix,” this is a stock “that you’re going to get to no man’s land” and everyone will want to own it.
Joseph Terranova of Virtus Investment Partners said that ON Semiconductor Corp. ON is an example of a semiconductor stock with a “low beta exposure.”
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