Down 28%, Should You Buy Dutch Bros Stock Right Now and Hold for the Next 20 Years?
When investors think about the retail coffee industry, I'm sure Starbucks immediately comes to mind. Its $38 billion in annualized revenue and more than 40,000 locations across the globe make it a leader in the market.But Dutch Bros (NYSE: BROS) isn't fazed. The Oregon-based coffeehouse chain is winning over investors. Shares are up 84% in the past five months (as of April 1). However, volatility has hit this restaurant stock, which is down 28% from its February all-time high.Should you buy Dutch Bros on the dip and hold it for the next 20 years? Investors should look at both the good and the bad before making a decision that can impact their portfolios.Continue reading
When investors think about the retail coffee industry, I'm sure Starbucks immediately comes to mind. Its $38 billion in annualized revenue and more than 40,000 locations across the globe make it a leader in the market.
But Dutch Bros (NYSE: BROS) isn't fazed. The Oregon-based coffeehouse chain is winning over investors. Shares are up 84% in the past five months (as of April 1). However, volatility has hit this restaurant stock, which is down 28% from its February all-time high.
Should you buy Dutch Bros on the dip and hold it for the next 20 years? Investors should look at both the good and the bad before making a decision that can impact their portfolios.
