Mike McNeil, author at Seeking Alpha, discusses why he is bullish on Starbucks stock for 2018. We also talk about the company's latest announcement that it will boost worker pay and benefits thanks to savings from the new U.S. tax plan.
McNeil cites the company's expansion in China, its growing membership rewards program, and its ability to tailor menus based on store locations as reasons to be bullish on the stock.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
The switch from high-fructose corn syrup in Coke sold in the United States would put Coca-Cola in line with its practice in other countries, including Mexico.
