Could This Stock Double Your Money in Under 3 Years? Here's What Investors Need to Know
There are nearly 5,000 locations in the Driven Brands (NASDAQ: DRVN) portfolio. And yet, despite this footprint, the company remains relatively unknown. This obscurity may be why the stock is so cheap right now. And a low valuation gives it the potential to double or more in just the next three years if things go right.
That said, Driven Brands is hardly a no-brainer investment. There are risks that might cause many investors to avoid this stock, as I'll explain.
Driven Brands owns, operates, and franchises various car maintenance brands such as Take 5 and Meineke, spanning various categories including oil change, car wash, windshield repair, and more. I view these as resilient consumer spending categories.
Source Fool.com
