As the year 2015 wraps up, we can look back at the year that was: a volatile market that has gone nowhere in particular, ending the year pretty much flat. More importantly, with the turn of the calendar year, we can start to look ahead as to what 2016 will bring. In addition to setting financial goals, I am also considering what stocks to invest in, as I continue my journey towards financial independence.
I am yet to finalize a list of targeted companies broken down sector-wise that I will be sharing with the readers in the new year, but I wanted to get a jump start and share my top pick.
This year’s top pick for me is no different than my top pick for 2015 – Starbucks Corp (SBUX).
Starbucks started the year 2015 at a (split-adjusted) price of $41.07 and as of this writing, is currently trading at $61.13. The stock price has appreciated a massive 48.8% and paid an additional 1.2-1.3% in dividends bringing the total return to a neat 50%.