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However, even down last month, Dutch Bros stock is still beating the market, up 20% year to date. At the current price, it's still not cheap, trading at a forward one-year P/E ratio of 76.

Dutch Bros is a small but fast-growing chain of coffee shops headquartered on the West Coast but moving quickly throughout the country. It recently surpassed 1,000 stores and is live in 18 states.