Values Brewing for Starbucks Bonds
Morningstar's Joscelyn MacKay thinks the market is undervaluing Starbucks' long-term competitive advantages, leaving opportunities for bond investors.
Jeremy Glaser: For Morningstar.com, I'm Jeremy Glaser. We recently launched credit rating on Starbucks and I am here with Credit Analyst, Joscelyn MacKay to talk about the outlook for Starbucks and why their bonds might look attractive today. Joscelyn, thanks for joining me.
Joscelyn MacKay: Thanks for having me.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.