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Cramer: Don't buy Starbucks on Ackman's new investment

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Investors who buy Starbucks on the news of Bill Ackman's new stake 'may end up being a little disappointed,' says MadMoneyOnCNBC's Jim Cramer.

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Starbucks CEO says they continue to buy back stocksStarbucks CEO Kevin Johnson says the company continues to buy back its stock 'aggressively' because 'we believe in the longterm growth agenda that we outlined for our investors.' Notice they didn’t give raises they are doing a buy back liberal It’s a waste of money How do they survive selling the worst coffee in the world is a mystery
Source: CNBC - 🏆 12. / 72 Read more »