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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (56160)	5/8/2024 11:19:51 AM
From: Trader J	2 Recommendations Recommended By Sonali Zen Dollar Round Read Replies (1) \| Respond to of 56532

BROS: Okay, so this is a stock I've been watching since it IPO'd. Here in the PacNW, it's a bit of a trend, especially with the Gen Z crowd. I've been wondering if BROS could be the up and coming threat to SBUX but have been watching and waiting for signs. BROS earnings were pretty solid though they are still expensive. Off the heels of a dismal SBUX earnings report, I think it makes some sense to start considering BROS though I wasn't willing to enter the stock until I saw some follow thru on recent performance along with some tangible downtrend in SBUX. That seems to be taking hold now. If you've ever seen a BROS store here, they are as packed and busy as SBUX is. I need to become more familiar with the internals and opportunity so will be pivoting some of my time to that endeavor. In any case, I will wait for a couple days here and may initiate a first position late this week or early next week. finance.yahoo.com