Dutch Bros Inc. (NYSE:BROS) is one of the stocks Jim Cramer answered questions about recently. A caller asked if it is a good entry point in the stock in light of the tariffs. In response, Cramer said:
“I’m going to say that because I like this stock so much, the answer is yes. But as good as it is, I think people are losing track of a note that I talked about this morning about pumpkin latte and Starbucks. Yes, we’ve all had some problems with Starbucks being late, blah blah, blah, but imagine this: we’re still going there, and this pumpkin latte is very strong, SBUX.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru coffee shops and provides coffee, beverages, and related products under its Dutch Bros and Blue Rebel brands. A caller asked for Cramer’s advice on the stock in a July episode and he responded:
“Let’s do this, let’s hold. It’s a very small part of whatever cost they have. Dutch Bros is in major expansion mode. You know, I think it’s terrific. I’ve had Christine Barone on the show many, many times… and I feel like the stock at $63, not necessarily a great level. I would wait till it comes down a little. Perhaps when it reports, there might be some sellers. They don’t report till August. Don’t be in a hurry, you have a nice gain. No need to add more stock right here.”
While we acknowledge the potential of BROS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.