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
€83.85
0.420%
With 39 Buy predictions and 2 Sell predictions Starbucks Corp. is one of the favorites of our community.
With a target price of 87 € there is a slightly positive potential of 3.76% for Starbucks Corp. compared to the current price of 83.85 €.
