Starbucks will get a jolt, stock looking like a buy, Barron’s says

Starbucks is brewing plans for a turnaround after surprisingly weak second-quarter earnings, Evie Liu writes in this week’s edition of Barron’s. The stock, which has slumped almost 17% this year, now looks oversold, the author says. Starbucks is still growing at a rapid pace and continues to adapt through smaller stores, greater efficiency, and diverse products to attract new customers. If those measures are successful, the stock could see a big bounce, the publication adds.