Jim Cramer on Dutch Bros: “It’s Been a Serial Upside Surpriser”

Dutch Bros Inc. (NYSE:BROS) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer highlighted that one of the company’s products is the best coffee he has ever had, as he said:

Now, here’s a small one that I just care about because sometimes I have one of these and I’m up for three days. It’s called Dutch Bros. It’s been a serial upside surpriser. That said, if you want a coffee stock, people would tell me, Jim, you love the Starbucks. Why did you do… Dutch Bros? But because they have a thing called the Annihilator. It’s the best coffee I’ve ever had.

Photo by Adam Nowakowski 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. During the April 27 episode, a caller asked whether they should wait for the stock to come down or if it was a good time to start a position. The Mad Money host responded:

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.

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