Can Dutch Bros Become the Next Starbucks? 2 Things Investors Should Watch
It's easy to understand why investors are interested in smaller, growth-focused companies. The belief is that as these businesses rapidly expand, grow sales, and further penetrate their end markets, there is huge potential to generate outsized returns.
These so-called growth investors are certainly taking a closer look at Dutch Bros (NYSE: BROS). The drive-thru-focused coffeehouse chain has a meaningful presence in the southern and western U.S., but the management team has big ambitions going forward. This naturally draws comparisons to (NASDAQ: SBUX), the leader in the retail coffee industry.
Can Dutch Bros become the next Starbucks? Here are two things investors should watch.
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 €.
