Starbucks Soars 25%: Do You Believe in Investing in People or Data?
On August 13th, $Starbucks(SBUX)$ surged by 25%, pushing its total market value above $100 billion.
The primary reason for the stock's significant rise is Starbucks' announcement that Brian Niccol will be appointed as Chairman and CEO, starting his new role on September 9, 2024.
Who is Brian Niccol? Why did he bring a 25% rise in a single day?
Brian Niccol is currently the Chairman and CEO of $Chipotle Mexican Grill(CMG)$, a publicly traded multinational restaurant chain in the U.S., with 3,500 restaurants as of June 30, 2024.
Under his leadership, Chipotle's revenue nearly doubled, profits increased by nearly sevenfold, and its stock price soared by almost 800%.
During his tenure, Brian "transformed Chipotle" by focusing on talent and culture, brand and menu innovation, operational excellence, and digital transformation, setting new industry standards. He also raised wages for retail team members, enhanced benefits, and strengthened corporate culture.
Yesterday's surge indicates that the market highly values this CEO's ability to lead and transform a company.
Do you invest in people or data?
Investing in $Tesla Motors(TSLA)$ and $NVIDIA Corp(NVDA)$ may also imply a strong belief in the capabilities of their CEOs.
Even though Tesla's stock once fell to $135 this year, Elon Musk managed to pull it back above $200 with expectations around FSD (Full Self-Driving) and robotaxi.
Jensen Huang, with his remarkable foresight, led Nvidia to capitalize on every major trend in the stock market.
If you focus more on data, you might be more concerned with a company's valuation and excel at buying undervalued companies.
What’s your investing style?
Do you invest in people or data?
Do you believe in Brian’s ability in boosting $Starbucks(SBUX)$ stock prices?
What’s your target price for $Starbucks(SBUX)$?
Leave your comments and also post to win tiger coins~
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在他的領導下,Chipotle的營收增長近一倍,利潤增長近7倍,其股價暴漲近800%。
在任職期間,Brian通過專注於人才和文化、品牌和菜單創新、卓越運營和數字化轉型,“改變了Chipotle”,樹立了新的行業標準。他還提高了零售團隊成員的工資,提高了福利,並加強了企業文化。
昨天的飆升表明市場高度評價這位首席執行官領導和改造公司的能力。
Based on past performance, I thinking everyone at Starbucks is anticipating Brian to repeat his performance at Starbucks and boost the profits and ultimately the stock price. If he is successful and there is no recession that force people to cut back on what can be considered a lifestyle extravagance, I believe Starbucks stock price should have no problems hitting $120.
people or data, lots of information can be obtained. though data can be manipulated by people.
still, how well the company performs will depend on the strategies the management employs... and shall wait and see if Brian can take $Starbucks(SBUX)$ to the next level...
@Universe宇宙 @LMSunshine @Aqa @koolgal @Shyon @GoodLife99 @HelenJanet @TigerGPT @rL @SPACE ROCKET
What’s your investing style?
Do you invest in people or data?
Do you believe in Brian’s ability in boosting $Starbucks(SBUX)$ stock prices?
What’s your target price for $Starbucks(SBUX)$?
Leave your comments and also post to win tiger coins~
Regarding Brian’s ability to boost Starbucks ($SBUX) stock prices, the impact of a new leader or executive can be significant, depending on their track record and strategic vision. If Brian is a new or influential leader at Starbucks, his effectiveness would depend on his experience, strategies for growth, and ability to execute plans successfully. Evaluating his past performance and the company’s strategic direction under his leadership would be essential in assessing potential stock price impacts.
Anyway, I trust Brian and I strongly believe the management does the same too, that's why they hire him, no? 😂 @Tiger_comments