Is Dutch Bros Stock a Buy Near Its 52-Week High?

Dutch Bros (BROS -0.81%) is serving up impressive growth with accelerating profitability. Shares of the drivethru coffee shop operator and franchiser are up more than 20% so far in 2024. So is the stock a buy now? Here's what you need to know. The adage "if you build it, they will come" is central to the Dutch Bros investment thesis. The business dates back to 1992 from a single pushcart selling coffee drinks in Grants Pass, Oregon, and now counts 876 shops across 17 states. Simply put, open up more stores ...