Howard Schultz, the ambitious founder and CEO of Starbucks Corp. (NASDAQ: SBUX), believes the coffee company can have a market value of $100 billion, about twice its current level. He figures that Starbucks operates with an unequaled mix of store and e-commerce sales, which will be the key to years of rapid growth. The goal is ambitious, but based on Starbucks’ track record, Schultz has good ammunition for his case, keeping in mind how many tens of thousands of places sell coffee. Starbucks Corporation (NASDAQ:SBUX) stock opened today at $76.29 and is currently trading at $76.36. The stock showed a positive weekly performance of 0.37%.
J.C. Penney Company, Inc. (NYSE:JCP) recently re-launched its home department called “Home Collections at JCPenney, est. 1902.” The new department now has less high priced brands including Happy Chic by Jonathan Adler and Michael Graves Design; and more lower priced private label products such as including JCP Home bath towels for $4.99, hand towels for $3.99, and washcloths for $2.99. J.C. Penney Company, Inc. (NYSE:JCP) stock opened at $8.16, in current trading session and currently is at $8.41, by gaining 1.81%.The 52 week range of $4.90-$19.63.Company’s market capitalization is $2.57 billion.
Netflix, Inc. (NASDAQ:NFLX) has had quite the year, and not just because half of the world’s population spent its Valentine’s Day watching House of Cards. The shares are up more than 131% in the last 12 months, and have outperformed the S&P 500 Index (SPX) — on a relative-strength basis — by almost 26 percentage points during the last two months. During the last month, however, Netflix has lagged the broader-market measure. The stock’s recent consolidation has placed it near oversold territory, with a Relative Strength Index (RSI) reading of 43. Netflix, Inc. (NASDAQ:NFLX) stock is currently trading at $428.35 .The EPS of the stock is 1.84. Company’s market capitalization is $25.63 billion.
Goldman Sachs reaffirmed their conviction-buy rating on shares ofPriceline.com (NASDAQ:PCLN) in a report issued on Wednesday, AnalystRatings.NET reports. They currently have a $1,500.00 target price on the stock. Priceline.com Inc (NASDAQ:PCLN) stock opened the session at $1.285.67, and now is at $1,290.23. The 52 week range of the PCLN stock remained $677.72-$1,378.96 and the day range was $1,272.17-$1,293.50.