2 Soaring Stocks to Buy in January and Hold for 20 Years
You can build incredible wealth in the stock market, and it’s not as difficult as you might think. The key is to be patient with a growing company that still has a large market to expand. Here are two stocks with monster return potential.
Dutch Bros (NYSE: BROS) is a fast-growing beverage chain that’s creating a unique brand.About half of its menu is coffee-based, but it’s different Starbucks along with a variety of other drinks on its menu, including lemonade, smoothies and sodas.
The business was founded in 1992 by brothers Dane and Travis Boersma, and it went public in 2021. After underperforming over the past few years, the stock has become more reasonable. assessment a range that creates attractive return prospects as the company continues to expand in the US
In the third quarter, revenues increased by 28% year-on-year. It grew to 950 locations in 18 states, leaving plenty of room for more growth.Same-store sales, which measure growth at existing stores open at least 15 months, rose 2.7% year-over-year, in line with is the single-digit growth of the last few years.
Furthermore, Dutch Bros. remains disciplined in opening new locations without being overly aggressive.It is expanding profitably, with net income $22 million in each of the last two quarters.
Investing in profitable and growing restaurants while they’re still small is a great way to build wealth in the stock market, and Dutch Bros. clearly looks like a very promising opportunity.In the 32 states that haven’t yet seen a Dutch Bros. store, there’s a lot of growth that could fuel the return of monsters for the next 20 years.
Coupang: (NYSE: CPNG) is South Korea’s leading e-commerce store.It is often described as Amazon: From South Korea, however, the company is building a unique advantage in serving densely populated areas that could give it an edge as it expands.The stock is up 30% over the past year.
Coupang had 22.5 million active customers who placed at least one order last quarter. Active customers grew 11% year-over-year in the third quarter, driving high double-digit revenue growth along with increased spending by existing customers. :
Coupang’s main advantage is its fulfillment infrastructure, which according to management can deliver 99% of orders within a day.
This is not easy. Seoul, South Korea has more than 15,000 people per square kilometer.But with Coupang’s Dawn delivery service, a customer living in a large apartment complex can place an order before midnight and have it delivered by 7am the next day. Being able to serve thousands of customers with fast delivery in a highly populated area could benefit Coupang as it expands into other geographies.
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