4 Consumer Stock Stories for Investors to Follow
Starbucks Corporation (NASDAQ:SBUX): Current price $54.34
Starbucks intends to more than double to 40,000 its employees in Asia Pacific during the next five years, implying quite strongly that the chain expects coffee consumption to step up even during the slowing of major economies in the region. Last year, consumers spent $9.3 billion at coffee shops in the Asia Pacific region, a 66 percent increase from five years before, says the data provider Euromonitor International. Starbucks is number one there with over a quarter of the market share by coffee sales. Asia Pacific President Jinlong Wang commented that the region “has been a growth engine and will continue to be a growth engine despite economic uncertainty,” citing rapid growth in employees and stores.
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Intel Corporation (NASDAQ:INTC): Current price $21.14
Intel’s Israeli subsidiary more than doubled its exports last year to $4.6 billion and is now looking to bring the manufacturing of its next generation of chips to Israel. The exports, which jumped by 109 percent from $2.2 billion in 2011, were helped along by the beginning of production of chips using 22-nanometer tech at its Kiryat Gat facility which is now operating at full capacity. Intel is the world’s top chipmaker and will build chips during the next two to three years with features measuring only 14 nm in Ireland and in the United States, but the firm is already thinking about where it will produce 10 nm chips. Not surprisingly, Intel Israel executives said they would like to see 10 nm production in Israel.
Best Buy Co. (NYSE:BBY): Current price $17.35
The firm’s website says that beginning March 3rd, Best Buy will price match all local retail competitors and 19 major online competitors in all product categories and on almost all in-stock products whenever requested by a customer. The company is the only retailer to offer a Low Price Guarantee along with having a full range of the most recent devices and services, a sales force dedicated to supplying impartial and knowledgeable advice, and full support for the life of the product.
Research In Motion Limited (NASDAQ:BBRY): Current price $14.51
The British mobile carrier Three has begun selling Blackberry’s Blackberry Z10, says The Inquirer, which added that the company did not sell the device when it originally appeared.
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