Jim Kramer here to share with you a sample of my take on the market from today's

CMEC Investing Club warning meeting.

But maybe we should talk about earnings and Starbucks is the big one of the day.

Of course, much better than expected quarter, beating on revs, earnings.

North America comps up 8%, US up 8%. Remember last quarter, the stock sold off

significantly off a very small miss. It was 7%. But if they had done 80 million more, it would

have been 8. Well, they did 8. Well, you got a big beat today. Then you got China doing great.

Yeah, China better than fear. China up five, looking for four seven, despite concerns.

They distinguish that even though others may be doing well, that Starbucks is unique in terms of the experience and the love.

They could use many, many more.

As a matter of fact, Starbucks is going to say tonight when I have them, I believe, they need twice as many Starbucks,

and they need them now, particularly because of the day part.

This cold movement swept the company by storm.

They missed it. They missed it. Now they got it.

Yeah, and I know they're talking on the call about bringing more ice machines to the most ice-constrained stores. The reef're re-contained their stores they're gonna see you can make eight ice drinks at once

here's something interesting I know that people might say wait a second this is

probably done there are ten major analysts that have downgraded or have it as a

neutral I know this is going to sound

counterintuitive, but analysts do not look at that. They look at their models. They see

that it beat their models substantially and they upgrade. So I'm urging you not to sell ahead

of Luxman-Narr-Simon-Simon on May have money tonight and ahead of the expected upgrades again.

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