Better Buy: Dutch Bros vs. Starbucks
It's been a challenging year for restaurants, as consumers have tightened their spending on discretionary goods and services.
Dutch Bros (NYSE: BROS) has nose-dived over 27% in the last month. Year to date, Dutch Bros and Starbucks (NASDAQ: SBUX) are down 9% and 10.9%, respectively, while the S 500 index (SNPINDEX: ^GSPC) has gained 14.2%.
Here's why these two Fool.com contributors believe that the sell-off in these beverage stocks is a buying opportunity.
Source Fool.com
Starbucks Corp. Stock
€73.58
0.050%
The stock is one of the favorites of our community with 36 Buy predictions and 3 Sell predictions.
As a result the target price of 90 € shows a positive potential of 22.32% compared to the current price of 73.58 € for Starbucks Corp..
