In last Friday’s article on Panera Bread, I wrote, “I think Panera looks good at recent prices.” I do, but I realized later that phrasing it that way made it seem like I was buying already. I’m not. As is my way, I’ll watch Panera for a while to see if we can shave another […]
Tag Archives: PNRA
Panera Bread
Andrew Rand: You wrote about Starbucks and mentioned Panera Bread. Have you been watching what has been happening to Panera at all? I am wondering if you think Panera could be a buy-low candidate or are they in for tough times to come with Starbucks surging ahead? I think Panera looks good at recent prices. […]
Is Starbucks A Buy?
Several subscribers wrote recently to ask about Starbucks. Is it undervalued at current prices, and worth buying? I think so. From its split-adjusted price of $4.50 ten years ago, SBUX rose 789% to $40 last November. It then declined steadily to $29 in early March, rose to $32 over the following two weeks, then declined […]