Best Stock to Buy Right Now: Dutch Bros vs. Starbucks
With the broader economy characterized by uncertainty, investors might be hesitant to put money to work in consumer discretionary stocks. If there's a recession looming, then spending could take a hit. And businesses that bank on this would be devastated.
That kind of thinking makes sense. But it doesn't necessarily mean we should stop looking to invest in these types of companies, particularly if there are compelling reasons.
Dutch Bros (NYSE: BROS) and (NASDAQ: SBUX) might have caught your eye as potential long-term investments despite macro headwinds. But there can only be one that's the smarter portfolio addition. Which of these coffee stocks is the better buy right now?
Source Fool.com
Starbucks Corp. Stock
€70.30
-3.400%
With 23 Buy predictions and not a single Sell prediction Starbucks Corp. is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 39.4% for Starbucks Corp. compared to the current price of 70.3 €.
