Is Dutch Bros the Next Starbucks?

Coffee chain Starbucks is one of the most successful stocks of all time, with total returns of more than 41,000% since its initial public offering. Recently, a new coffee chain from the West Coast, Dutch Bros (NYSE: BROS), went public. The stock has nearly doubled in its first month of trading; investors hope to have long-term success similar to what Starbucks shareholders have experienced.

But is that realistic? Starbucks achieved its results over decades, so investors will need to be patient with Dutch Bros, a very young company. However, there are signs that it could be a high-growth investment for years to come; here's why.

Coffee can be a tricky industry to operate in. Dutch Bros competes with large chains like Starbucks and Dunkin' Donuts throughout the United States, in addition to many locally owned coffee spots, cafes, and more. Considering that Starbucks was born out of Seattle, the rise of Dutch Bros from the West Coast is arguably even more impressive.

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Source Fool.com