Starbucks’ stock is one of the most popular stocks for (dividend) investors. And fortunately, the stock has also performed exceptionally well in recent months. Unfortunately, Starbuck’s developments in recent months may have a negative impact on the company’s future. The rise in the stock price is partly due to debt-financed share buybacks while Starbucks’ expansion in China is now at risk of falling victim to political tensions. Furthermore, the stock is quite expensive right now. Overall, I see more risks than chances for the short to medium term.