Starbucks has already established itself as the undisputed king of retail coffee chains. Now one Wall Street analyst thinks it can overtake McDonald’s as the world’s most valuable restaurant chain. The Seattle-based group’s shares fell 7.5% last year, as investors warily eyed a deceleration in same-store sales from the first half to the second. The announcement last month that long-serving CE Howard Schultz will step down — although stay as executive chairman — did not help. However, the drop in the stock could make it that much more attractive to investors as it aims to maintain its steady growth in the coming year, according to Nomura analyst Mark Kalinowski, who picked Starbucks as his top large-cap US-based restaurant stock pick for this year. Starbucks will expand its worldwide store count by more than 8% for the fiscal year ending in September, according to Kalinowski, and boost worldwide same-store sales by about 5%. As its presence grows, Starbucks could see revenue expand i...

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