The Best Stock to Invest $10,000 in Right Now
If I had $10,000 to put into one consumer stock right now, this fast-growing coffee chain would be it, even with real risk attached.
Overview
If I had $10,000 sitting in cash right now, looking for one consumer stock to put it behind, I'd buy Dutch Bros (NYSE: BROS).
I'll say up front that this isn't a sleepy, set-it-and-forget-it dividend stock; it's a growth story, and growth stories carry real risk when the market decides a company has to be perfect. But the numbers behind Dutch Bros right now are hard for me to ignore, and I think the next several years give investors plenty of reasons to be excited, with a few worth watching closely along the way.
Details
It's important to flag that the stock price has plunged about 40% despite strong growth, mainly due to valuation concerns, slower foot-traffic growth, and investor worries over expansion spending, but all this may be an overreaction.
Source
Originally published at www.fool.com.