Disclaimer, I have positions in the following stocks. (at the time this was written)
- Starbucks – Have you been to Europe? Starbucks is very popular there. I can think of 5 starbucks that I have seen in the city of Frankfurt and I bet there are more than that. Know what? Three of them have huge lines frequently. People are lined up to buy Starbucks coffee and other products. People STAND IN LINE when there are tons of other places to get coffee that are not so busy and crowded. What is Starbucks doing that the others are not? I have no idea. I don’t understand it. But, the fact remains American Starbuck coffee houses are busy in foreign countries – for whatever reason. I’ve read they are popular in China too. This is nearly a world wide company and is still growing. That’s why I like them.
2. Casey’s General Store – Have you tried their pizza? A lot of people like it. Cookies, check. Coffee – It’s ok – good enough. The thing is, Casey’s has money and they are growing. They have bought out some other businesses. They plan to buy more, from what I understand, when gas gets more expensive. They are in a handful of states and there is plenty of room to grow.
3. Under Armour – They’ve been around for about 19 years or so. They sell athletic wear and they worth about 17 billion dollars. They are poised to grow and may have the ability to move into the spaces where Nike and Adidas operate. If they can pull it off, they have a lot of room for growth. UA shirts sell well on Amazon.
I have more but that’s enough to get the discussion going. Which stocks do you like? What do you think about the one’s I mentioned? Which stocks do you own or are planning to own? Sound off below.
*This post is NOT investment advice. I have an interest in these stocks because I currently own them. Do your own research and contact your own professional advisors before investing in anything.