The Federal Reserve adopted a hawkish stance in March last year and started raising interest rates in a bid to curb surging inflation. The increase in consumer prices has dropped from 9.1% in June last year to 6.5% in December 2022. Of course, that number is still higher than the Fed's inflation target of 2%, which means that more interest rate hikes may be in the cards.
Few companies generated the buzz (and returns) of Celsius Holdings (NASDAQ: CELH) in 2022. Let's see why this pair of beverage stocks might be better investments than the energy drink maker. Drive-thru coffee chain Dutch Bros (NYSE: BROS) is the third-largest coffee chain in the U.S., and aims to have 800 stores in operation next year.
It will be bigger. The more important question is, what's the cost of the growth the company expects to achieve?