Jim Cramer on Dutch Bros: “I Think It’s an Excellent Time to Enter”

Dutch Bros Inc. (NYSE:BROS) was among the stocks Jim Cramer covered on Mad Money as he discussed the wave of IPOs being the market’s possible biggest threat. A caller asked whether it is a good time to enter the stock or if they should wait for the price to come down. Cramer replied:

For the Dutch Bros, I think it’s an excellent time to enter. I expect very good numbers. It does have a high price-to-earnings ratio, so you don’t want to buy all the stock at one time, but I think you’re right to start a position. I think that’s a good call.

Photo by Yiorgos Ntrahas on Unsplash

Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru coffee shops under brands including Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel. Responding to a caller’s query about the stock on March 2, Cramer said:

Alright, now, this is really important. Dutch Bros has taken a hit, but I saw no substantive reason for the hit, none whatsoever. And I think Christine Barone is doing a fantastic job, and the stock is ultimately a buy, buy, buy.

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