13 Stock Predictions That Jim Cramer Got Completely Wrong

10. Dutch Bros Inc. (NYSE:BROS)

Number of Hedge Fund Holders: 41

A caller had a question for Cramer about Dutch Bros Inc. (NYSE:BROS) back then. Cramer appreciated the brand but flagged insider selling and industry saturation as risks. Here’s what he said at the time:

“Here’s my one problem with Dutch Bros, it’s that every time it lifts its head, somebody comes in, does some insider selling, and it just wrecks it. But I share your appreciation for Dutch Bros. But remember, the coffee market, I say, it’s gotten a little crowded.”

Jim Cramer’s take was a miss, as the stock soared by 121.18% since those comments.

Dutch Bros Inc. (NYSE:BROS) is a drive-thru coffee chain known for rapid expansion and a loyal customer base. Being more bullish about the company lately, here’s what Cramer said last week:

“After the close, we got a couple of companies that have caught the fancy of younger viewers, DoorDash and Dutch Bros. I expect both to have very strong quarters that can send their stocks higher. We’ll have the inevitable comparisons between Dutch Bros and Starbucks. Oh, all I can say is that the Bros have the edge right now, but I like them both, and I don’t know, did you see Starbucks starting to move up here?”