Investing In Starbucks
In order to invest in the company, you must first do research on why Starbucks is a good investment idea. Starbucks is a food and beverage company that is traded on the NASDAQ: It is common stock and the Starbucks stock symbol is SBUX. It had its initial public offering in 1992. Starbucks is a very popular company that is involved in the selling and roasting of coffee and coffee related beverages worldwide. The Starbucks stores provide a warm inviting atmosphere and they also sell pastries, and other coffee related accessories such as coffee mugs or coffee filters. They are located in almost every country including the United States, Canada, Korea, Australia, and Singapore. The main Starbucks headquarters is located in Seattle, Washington. It was first called the Giornale Coffee Company, but changed its name to Starbucks in 1987. As stated previously, the Starbucks stock symbol is SBUX and it trades on the NASDAQ: The difference between trading on the NASDAQ as compared to the New York Stock Exchange is that the New York Stock Exchange consists of actual traders that carry out most of the trades. These traders work the floor buying and selling stocks according to whoever is the specialist for that stock. So if you were buying stocks on the New York Stock Exchange, your stockbroker could call this information into the specialist. However the NASDAQ does not have actual physical traders that work the floor. Many of the big corporations are listed here, and the buying and selling of stocks is solely done by computers communicating with each other through market dealers. So in order for you to invest in Starbucks, you would contact your stockbroker who would look up the NASDAQ Starbucks stock symbol and use it to invest your money by contacting a market dealer. The NASDAQ is also responsible for Over The Counter (OTC) stocks as well. So in track how your investment in Starbucks is coming along, you would need to know the Starbucks stock symbol to track exactly how much money you have made or lost. The great thing about the NASDAQ is that it is also provides a stock quoting services, that make it easier for new and old investors to track how their stock is doing.
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