2024-06-16 06:30:00 ET
Dutch Bros (NYSE: BROS) is serving up impressive growth with accelerating profitability. Shares of the drive-thru coffee shop operator and franchiser are up more than 20% so far in 2024.
There's a lot to like about this innovative quick-service beverage concept still in the early stages of a national expansion strategy. At the same time, a pricey valuation warrants some caution and could be one reason for investors to avoid chasing this caffeine buzz.
So is the stock a buy now? Here's what you need to know.
For further details see:
Is Dutch Bros Stock a Buy Near Its 52-Week High?