Jim Cramer recently discussed Starbucks Corporation (NASDAQ:SBUX) as part of the market’s 3rd Bull Run Anniversary. CEO Brian Niccol’s turnaround efforts have caught Cramer’s attention, sparking discussion about the company’s future prospects.
Cramer expressed optimism about Starbucks (SBUX), likening Niccol’s leadership to Ramon Laguarta’s successful strategies. He believes in Niccol’s plan to drive the stock price to $100, emphasizing potential growth opportunities in China and the introduction of new products to attract customers.
While Starbucks (SBUX) shows promise, some AI stocks are seen as offering higher returns with less risk. Investors seeking a cheap AI stock with potential for growth may want to explore other options besides SBUX.
For more insights on stocks with potential for growth, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article was originally published on Insider Monkey.
Read more at Yahoo Finance: “I Wanna Buy It,” Says Jim Cramer About Starbucks (SBUX)