Market Overview

Starbucks And Grubhub: 'Trading Nation' Millennial Picks


On CNBC’s “Trading Nation” on Thursday, Todd Gordon of said Starbucks Corporation (NASDAQ: SBUX) is the largest holding in his portfolio and says it's in the midst of a breakout.

Mark Tepper of Strategic Wealth Partners likes GrubHub Inc (NYSE: GRUB), with millennials becoming a bigger part of the economy and their affinity for instant gratification and a frictionless experience.

“They want to have a good experience, but they also value time just as much as they value price,” said Tepper. “I think there is 50% upside here over the next year.”

Other millennial stocks Snap Inc (NYSE: SNAP) and Canada Goose Holdings Inc (NYSE: GOOS) are up 24% and 10% in June, respectively.

Related Links:

Analysts: Amazon's Exit From Restaurant Delivery Implies Less Competition For Grubhub

Snap Options Trader Makes Big Bet On More Near-Term Upside


Related Articles (SBUX + GRUB)

View Comments and Join the Discussion!

Posted-In: CNBC Mark Tepper Todd GordonLong Ideas Media Trading Ideas