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MarketFoolery

MarketFoolery: 04.02.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 April 2012

⏱️ 18 minutes

🧾️ Download transcript

Summary

Our analysts discuss the news of the day.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, April 2nd, and this is market foolery. I'm Matt Greer sitting in for Chris Hill this week.

0:07.0

Chris is getting a much deserved break, and I am joined in studio, as always,ley Fool Stock Advisor Jason Moser and from Motley

0:14.9

Full Pro Jeff Fisher.

0:16.1

Guys welcome.

0:17.1

Hey Mack, Mack.

0:18.1

Okay guys, we're gonna get to Groupon and Avon because we got some big news there but I want to start with Starbucks.

0:24.0

Jason Starbucks announced that it has plans to have more than 1,500 stores in China by 2015.

0:29.0

They currently have around 570 stores.

0:32.0

Good move? I think it's a great move and I think it just... have around 570 stores.

0:32.5

Good move?

0:33.5

I think it's a great move and I think it just reinforces what we've known about the company for a while

0:37.1

is that they have big plans in these in these emerging markets.

0:40.3

It's not just China, but you know other countries such as India you mean

0:45.0

China and India together they're the two most populous countries on the globe and

0:49.0

so we have a situation here where you know Starbucks was known for a long time in the

0:54.7

United States is probably reaching a saturation point you know when the the onion

0:58.9

jokes of the Starbucks inside of Starbucks bathroom were so popular but you know this is the company that's

1:04.4

really proven that they were just getting started and and to see this you know

1:09.1

play out I think it's gonna be a lot of fun to certainly rewarding shareholders the

1:11.9

stock is in an all-time high and

1:14.0

truthfully I think that the stock is still a compelling buy today.

1:17.0

Now guys can I call Starbucks the green siren from now on? You may.

...

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