2 Stocks Down 17% and 34% to Buy Now and Hold for the Next Decade

Dutch Bros (NYSE: BROS) and Take-Two Interactive (NASDAQ: TTWO) have both pulled back recently, even as their businesses continue to grow. As of Sept. 21, Dutch Bros is down 34% over the past 12-month period, while Take-Two is down about 17%. That disconnect looks like a compelling buying opportunity, with clear catalysts still ahead.

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Dutch Bros

Dutch Bros shares have sold off even after the company beat revenue and earnings estimates in the second quarter. Even with higher coffee costs pressuring near-term results, management raised its full-year guidance for revenue, same-shop sales, and adjusted EBITDA.

In Q2, revenue jumped 32% year over year to $551 million. Company-operated same-shop sales rose 8.3% from the year-ago quarter, and systemwide comp sales increased 5.8%. That was the company's 13th straight quarter of same-shop sales growth.

A key driver is the new food program, which is pulling more customers into morning visits and supporting higher repeat traffic and loyalty. Management now expects 2026 revenue of $2.1 billion to $2.13 billion, up 28% from 2025's $1.6 billion.

The company also remains on track to reach 2,029 locations by 2029. With the stock trading at a reasonable forward price-to-sales multiple of 2.5x, investors could outperform with this high-growth restaurant stock over the next decade.

Take-Two Interactive

Take-Two also beat revenue and earnings estimates in the most recent quarter, yet the stock remains below its highs. That dip is an opportunity ahead of the Nov. 19, 2026 release of Grand Theft Auto VI -- one of the most highly anticipated video game launches in a long time.

The business is heading into the release from a position of strength. Grand Theft Auto V has sold over 230 million units worldwide since 2013. CEO Strauss Zelnick said pre-orders for the new version, coming in November, have been "unprecedented and astonishing." While pre-orders can be canceled, the early demand suggests the launch is on track to meet the high sales expectations.

However, the real value creation from this release will come over several years from future content updates. Recurrent consumer spending -- in-game purchases that unlock premium features -- continues to power Take-Two's business, representing 84% of net bookings last quarter. That kind of engagement across existing titles, including NBA 2K, sets the stage for Grand Theft Auto VI to extend the momentum.

Take-Two's guidance calls for fiscal 2027 net bookings to reach approximately $8.1 billion, up from $6.7 billion in fiscal 2026 (ended in March). Analysts expect earnings to grow at an annualized rate of 27% over the next several years, while the shares trade at a reasonable forward price-to-earnings multiple of 30.

John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Dutch Bros and Take-Two Interactive Software. The Motley Fool has a disclosure policy.