Growth stocks have been leading the market higher for the past two decades, and at this point, there is nothing to suggest that won't continue. Two of the best sectors to find attractive growth stocks are the technology and consumer spaces.
Earnings from Q2 are in, and fast food continues to fade from American eaters' appetites. For most of the post-pandemic era, fast-casual establishments have been stealing market share from Quick-Serve Restaurants (QSRs), and that trend accelerated again in Q2.
Investing in the restaurant industry presents challenges. These include changing consumer tastes and economic pressures that cause people to cut back on discretionary spending.
Restaurant and coffee chains like McDonald's, Dunkin', Dutch Bros and Starbucks are leaning into beverage innovation in a crowded market for consumers. The companies are adding new drinks to their menus as they look for a sales boost.
Growth stocks have been the driving force in the market for the past five years, and there is no reason to think they won't continue to lead the market over the next five.
Shares of Dutch Bros (NYSE:BROS) lost 0.95% over the past month, continuing a slide that's seen the coffee retailer's stock slide 25.52% since its year-to-date high Feb.
It's growth time again in the stock market. The big tech companies have been reporting strong performance, and the financial stocks are telling a story of economic growth.
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