Cramer's Morning Take: Starbucks 10/10/25

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Jim Cramer (1:03)

Hey, it's Cramer, and this is my morning take on the market from today's CNBC Investing Club Morning Meeting.

SPEAKER_4 (1:08)

I also saw Starbucks, Brian Nicol on the schedule.

Jim Cramer (1:12)

Yes, and now it's very interesting, because that stock has been down a lot, a lot of consumer stocks. You mentioned the other.

SPEAKER_4 (1:16)

It's been a tough week for Starbucks, Dutch Bros.

Jim Cramer (1:20)

Why do I want to buy it? Because while coffee, I know it costs a little more to get a cup of coffee, he's introducing things. I'll tell you what he's like, okay? He's like Ramon LaGuarda. Ramon LaGuarda saved his job by introducing a huge number of snacks and drinks.

SPEAKER_4 (1:37)

The CEO of Pepsi.

Jim Cramer (1:38)

Yes, and I think that if you believe that Ramon LaGuarda can get that stock from $139 to $149, as it was, you better start believing this man can get this stock to $100. I think he's got a plan. I think his plan is going to work. Don't forget, he can sell China at any given moment. He told me there were multiple buyers in China. He had put together a couple of good weeks.

SPEAKER_4 (1:55)

This is Starbucks. Back to Starbucks.

Jim Cramer (1:56)

He put together a couple of good weeks, and he urged me, please don't get ahead of us, because he had given a memo out. He wanted me to know, please, don't extrapolate.

SPEAKER_4 (2:06)

Well, look, I know we know turnarounds are not linear. There was actually some positive reviews of Starbucks as well as Nike yesterday in that semiannual Piper Sandler team survey.

Jim Cramer (2:18)

It's made us money. Now, remember, Elliot would tell you that Orne's not doing as well as it was. Hoke, who's not doing as well as it was. But New Balance is. And he regards New Balance better just as New Balance is running and everything starts with running if you're with Nike. He's made that point to me multiple times. Start your day with my out look on the market every morning. Visit cnbc.com/morningtake to become a CNBC Investing Club member at a special rate today.

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