Thanks to its outsize growth potential, Dutch Bros (NYSE: BROS) has drawn keen interest from some investors as a possible long-term holding in a diversified portfolio. Investors love to see companies grow, and Dutch Bros has been doing plenty of it, opening 39 net new locations in just the third quarter alone. To its credit, Dutch Bros does possess some attractive qualities that have supported its success.
The market's volatility has pushed shares of quality companies well below their previous highs, but many of these companies have continued to grow, potentially setting up a timely opportunity to buy shares ahead of a rebound. If you don't have more important things to do with your cash (such as paying down high-interest-rate debt), here are three great stocks that could potentially double your money by 2030. Shares of Dutch Bros (NYSE: BROS) have underperformed this year, as traffic and sales slowed.
Maintaining focus on an investment thesis is always critical for investors as they digest headlines.