1 Growth Stock Down 30% to Buy Right Now

The market has been on the fence about coffee chain Dutch Bros (NYSE: BROS) for much of the enterprise's brief history as a public company. But it's firmly on the buy side as of its most recent earnings report, and Dutch Bros stock is up about 67% year to date.Did you miss the boat? I don't think so. Dutch Bros stock is still 30% off of its all-time highs, and it has incredible opportunity. Here's why.Dutch Bros is an Oregon-based coffee shop chain that hasn't been around quite as long as Starbucks, but it still has more than three decades of experience. It's only recently started a domestic expansion strategy, identifying an opportunity to market its beverages nationally. It's had several shops along the West Coast for years, but since it's gone public, it has steadily traveled east across the lower states and was operational in 18 U.S. states as of the 2024 third quarter.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool