Jim Cramer Suggests Buying Defensive Stocks and Provides Starbucks Buy Price
SBUX Starbucks Corp
$90.75 -2.64%
View chart & analysis → - 1Jim Cramer added more shares of Kimberly-Clark, FedEx, and Bank of New York on Thursday due to high bond yields, oil prices, and inflation concerns.
- 2Apple shares fell 2% following reports of declining component orders.
- 3Jim Cramer said Starbucks could be a good buying opportunity if it drops to $90, alongside signals that it will not acquire Chipotle.
So what's the key point?
Jim Cramer bought more stocks like Kimberly-Clark and FedEx, while Apple shares decreased. He says Starbucks could be a good buy if the price falls to $90.
Source CNBC · View original ↗
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