Guy Adami Doesn't See Long Term Value In Starbucks (SBUX)

The Starbucks Corporation (NASDAQ: SBUX) posted a strong earnings report on Thursday and gained 3.81% in the after-hours. But CNBC's Fast Money Guy Adami doesn't think that its valuations make sense for a long term play. He agrees that there might be potential in the short run, but he wouldn't go long on SBUX in the long term.

Starbucks (SBUX) reported that more people visited its coffee shops and spent more money. The stock closed at $19.7 in the regular trading, and it reached $20.45 in the after-hours.