BROS - Should You Buy Dutch Bros Stock Hand Over Fist With $1000?
2023-12-24 09:15:00 ET
In its most recent quarter, Dutch Bros ' (NYSE: BROS) saw revenue jump 33% year over year -- an impressive result. Add this to the fact that the company plans to open at least 150 new stores in 2023, and it's obvious that growth is clearly the key part of this company's story.
Opportunistic investors looking for the potential to score huge gains might have their eyes on its beaten-down shares, which are 62% below their peak and trading at a price-to-sales multiple of 1.8. That valuation is close to the cheapest it has ever been.
Should you buy this coffee stock hand over fist with $1,000 right now? The answer might surprise you.
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Should You Buy Dutch Bros Stock Hand Over Fist With $1,000?