Dutch Bros Is Up Over 65% in the Last Few Weeks. Is It Too Late to Buy?
Dutch Bros(BROS) The Motley Fool·2024-12-12 09:32
Dutch Bros (BROS 1.77%) stock has surged 65% higher since the beginning of November as its greatly improved financial results have attracted more attention. Even though it trades approximately one-third below its post-IPO high in late 2021, the gain is intriguing since coffeehouses operate in an environment with numerous independents, privately held chains such as Dunkin', and the massive presence of Starbucks.Despite that intense competition, Dutch Bros presents a unique opportunity for coffee stock inves ...