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Posted 9/21/2023, 5:16:13 PM

Cramer: Starbucks a 'Hated Stock' But Concerns Overblown, Sees Growth Despite China Rivals

Starbucks has become a "hated stock" amid concerns about growth in China, per CNBC's Jim Cramer
Cramer believes concerns are overblown and mistake to hate Starbucks stock
Starbucks recently announced 7.6% dividend increase to $2.28 per share annually
Starbucks stock has fallen nearly 18% since hitting 52-week high in May
Cramer sees continued growth potential for Starbucks in China despite local rival chains

cnbc.com

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8/31/2023

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