Jim Cramer Names a Starbucks Buy Level in Morning Meeting
Cramer pinpoints a price entry for Starbucks and weighs in on three recent Club buys. Here's the tradeable takeaway.
Jim Cramer stepped up to the whiteboard on the CNBC Investing Club's Morning Meeting and did what traders actually want — he named a specific buy level for Starbucks. That kind of price discipline is rare on TV, and it's exactly the signal active retail traders should be tracking right now.
The Morning Meeting runs every weekday at 10:20 a.m. ET, giving Club members a daily edge before the market's first real move of the session. Cramer used today's slot to break down not just Starbucks, but also three stocks the Club recently added to its portfolio — commentary that gives you a real-time look at how a seasoned market hand is sizing up fresh positions.
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Starbucks has been a battleground name, bouncing between turnaround optimism and macro consumer-spending fears. A defined buy level cuts through the noise. If you've been watching SBUX but waiting for conviction, Cramer's floor gives you a line in the sand to work with — either the stock holds it or it doesn't.
As for the three newly purchased stocks, the Club's move signals where Cramer and his team see near-term value opening up. Fresh buys from a monitored portfolio are actionable data points — they tell you what a professional is willing to put real capital behind, not just talk about.
If you want the exact price targets and full ticker rundown, the details live inside the Club. Continue reading at CNBC.
