Dutch Bros Is Up Over 65% in the Last Few Weeks. Is It Too Late to Buy?

Dutch Bros (NYSE: BROS) stock has surged 65% higher since the beginning of November as its greatly improved financial results have attracted more attention.  Even though it trades approximately one-third below its post-IPO high in late 2021, the gain is intriguing since coffeehouses operate in an environment with numerous independents, privately held chains such as Dunkin', and the massive presence of Starbucks.Despite that intense competition, Dutch Bros presents a unique opportunity for coffee stock investors. Amid the chain's potential for expansion, the recent spike in the stock price could be just the beginning. Here's why.If one follows the history of Starbucks or Walmart, they know how much a regional to national expansion can boost a stock over time. Fortunately for Dutch Bros shareholders, it is likely on the same path.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool