Is Dutch Bros a Smart Growth Stock to Buy With $200?

Investors must have really been pleased with Dutch Bros' (NYSE: BROS) third-quarter 2024 (ended Sept. 30, 2024) financial results. That's because shares have soared 74% at this writing since the earnings release on Nov. 6 last year. This is a much better gain than the 3% rise for the overall S&P 500.Investor sentiment is certainly on the upswing, momentum that has carried over into the new year. Is Dutch Bros a smart growth stock to buy with $200 right now? With that amount, investors could scoop up three full shares and about one-third of a fractional share.During the third quarter last year, Dutch Bros reported 28% year-over-year revenue growth. That comes on the heels of a 33% jump in Q3 2023. And that latest figure is up 290% versus the same period four years ago in 2020. Driving top-line growth hasn't been an issue for this business, which is probably what got investors so excited.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool