1 Growth Stock Down 35% to Buy Right Now

With the recent stock-market crash and remaining uncertainty in the market due to tariffs, a number of growth stocks can now be bought at much lower prices than just a couple of months ago. One attractive name that is down about 35% off its highs as of this writing is Dutch Bros (NYSE: BROS).As a purveyor of coffee-based drinks, the company is not immune from tariffs. Since only a small amount of green coffee is grown in Hawaii, Puerto Rico, and to a tiny extent California, the U.S. must import nearly all its coffee. Meanwhile, supplies like cups and paper products generally come from countries like China. That means the price of coffee drinks will likely increase across the board, from little mom-and-pop shops to a giant chain like Starbucks. With companies likely needing to raise prices, this could eventually lead to consumers cutting back on their drinks.However, Dutch Bros is not necessarily in a bad spot. Its drinks are already cheaper than those at Starbucks, making it a good alternative. It's also bigger than local coffee shops, meaning it can absorb more of the rising costs induced by the recent tariffs.Continue reading

Apr 15, 2025 - 01:12
 0
1 Growth Stock Down 35% to Buy Right Now

With the recent stock-market crash and remaining uncertainty in the market due to tariffs, a number of growth stocks can now be bought at much lower prices than just a couple of months ago. One attractive name that is down about 35% off its highs as of this writing is Dutch Bros (NYSE: BROS).

As a purveyor of coffee-based drinks, the company is not immune from tariffs. Since only a small amount of green coffee is grown in Hawaii, Puerto Rico, and to a tiny extent California, the U.S. must import nearly all its coffee. Meanwhile, supplies like cups and paper products generally come from countries like China. That means the price of coffee drinks will likely increase across the board, from little mom-and-pop shops to a giant chain like Starbucks. With companies likely needing to raise prices, this could eventually lead to consumers cutting back on their drinks.

However, Dutch Bros is not necessarily in a bad spot. Its drinks are already cheaper than those at Starbucks, making it a good alternative. It's also bigger than local coffee shops, meaning it can absorb more of the rising costs induced by the recent tariffs.

Continue reading