15 Best Cyclical Stocks to Buy Now

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11. Dutch Bros Inc. (NYSE:BROS)

Number of Hedge Fund Holders: 47

Dutch Bros Inc. (NYSE:BROS) ranks among the best cyclical stocks to buy now. On June 26, Goldman Sachs began coverage of Dutch Bros Inc. (NYSE:BROS) with a $75 price target and a neutral rating, suggesting a 9% upside potential.

According to Goldman Sachs, Dutch Bros Inc. (NYSE:BROS) possesses strong growth potential and an appealing return profile, which are bolstered by initiatives for food rollout, mobile order capabilities, a distinctive menu, and opportunities for unit expansion with a more balanced development plan.

The investment bank believes these elements could propel Dutch Bros’ goal of over 20% overall revenue growth, roughly 30% company-operated shop contribution margin, and more than 20% EBITDA growth, with projections indicating a 24% revenue CAGR and a 25% EBITDA CAGR from 2024 to 2027

Dutch Bros Inc. (NYSE:BROS) is a drive-thru coffee shop operator with a focus on handcrafted drinks. The company offers a variety of artisan beverages, including tea, lemonade, smoothies, cold brew coffee, hot and cold espresso-based drinks, and energy drinks.

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