Take profits on Starbucks after its huge run, and check out these 3 other stocks

In Friday's "Morning Meeting," we dug into our inbox and found an excellent question raised by a member of the Investing Club. Starbucks – like Halliburton – has had a nice run lately. The Club trimmed some Halliburton on Thursday . Why not trim Starbucks too? I have a double-digit percent gain on shares accumulated over the past five months. It seems like I should take some off the table.

mountain Starbucks 1-year performance There is a lot to be bullish about in Starbucks' future, but a lot of that good news is starting to get priced in. Shares are now trading at around 31 times its next twelve-month earnings. That's a four-multiple turn from when we first started buying in August at around $85 per share. The higher multiple is justified by the improving margin outlook and China growth plan, but it also raises the stakes around execution.

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Starbucks tells corporate employees to return to office 3 days a week | CNN BusinessCorporate workers at Starbucks must return to the office at least three days a week by the end of January, interim CEO Howard Schultz announced in a Wednesday memo, as another corporate giant clamps down on remote work. Corporate America trying to justify their leases Wonder if jeb still goes to Starbucks. He had that aha moment there. You know, when the “planes” hit. No cia connection there
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