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Starbucks Posts Fantastic Fiscal Fourth Quarter; 2012 and 2013 are Looking Even Better

publication date: Nov 4, 2011
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The coffee giant posted excellent fiscal fourth-quarter results and provided an outlook for fiscal 2012 that resonated well with investors. We think 2013 will be even better, but we're not thrilled by the firm's valuation. We're waiting for a pullback to scoop up Starbucks' shares.

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