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Forget McDonald's: Buy This Unstoppable Restaurant Growth Stock Instead
The Motley Fool· 2024-08-11 07:05
Consumers are falling in love with a flavor profile beyond hamburgers and Tex-Mex. There's no denying McDonald's is still the king of the restaurant business. Its 40,000 stores collectively did $119.8 billion worth of business last year, generating $25.5 billion of revenue and $8.5 billion of net income for the company. No other name even comes close to matching those numbers. From an investor's standpoint, however, size isn't everything. Indeed, size can even be a drawback by virtue of making it tougher to ...
2 Quick-Service Restaurant Stocks to Buy and Hold for Great Long-Term Potential
The Motley Fool· 2024-08-08 13:25
Millennial and Gen Z eating habits could mean huge investment returns from these two growth stocks. Quick-service restaurants are a staple of American culture; in today's hustle and bustle, who doesn't occasionally need to grab food on the go? Older generations grew up with iconic brands like McDonald's. However, younger consumers seem to have different tastes than their parents and grandparents; according to a 2022 survey by Food Insight, nearly 8 in 10 Gen Z eaters have healthier dietary habits, including ...
5 Aggressive Growth Stocks for Long-Term Investors
MarketBeat· 2024-07-31 13:03
What Are Aggressive Growth Stocks? Get NVIDIA alerts: What Are the Top 5 Aggressive Growth Stocks? Ad Banyan Hill Publishing Apple + AI = BOOM!As Apple jumps headfirst into the $15.7 trillion AI trend, we could see an even BIGGER wealth boom than after the launch of the original iPhone… Resulting in bigger stock gains… And the minting of more millionaires. But NOT from simply buying shares of Apple itself. One company could provide essential components to this exact device… 1. NVIDIA Seeing huge increases i ...
Here's Why Cava Group (CAVA) Fell More Than Broader Market
ZACKS· 2024-07-30 22:51
Cava Group (CAVA) closed the most recent trading day at $81.44, moving -1.25% from the previous trading session. This change lagged the S&P 500's 0.5% loss on the day. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw a decrease of 1.28%. Coming into today, shares of the Mediterranean restaurant chain had lost 13.44% in the past month. In that same time, the Retail-Wholesale sector lost 1.37%, while the S&P 500 gained 0.1%. Analysts and investors alike will be keeping a ...
Missed Out on Chipotle Mexican Grill? Buy Cava Instead
The Motley Fool· 2024-07-30 12:07
Fast-casual giant Chipotle Mexican Grill has been a huge success for investors, while Cava is still in the early growth phase of its life. Newcomer Cava Group (CAVA 3.29%), which serves up Mediterranean fare, has only been public since mid2023 and its stock price has advanced around 80% or so, but that's still nowhere near as much as Chipotle's has gained over time. Chipotle and Cava have one big similarity Many of those ingredients, meanwhile, are being prepared right behind the assembly line in a visible ...
2 Consumer Stocks To Watch In August 2024
Stock Market News, Quotes, Charts And Financial Information | Stockmarket.Com· 2024-07-30 02:12
The consumer sector represents companies that sell goods and services directly to individuals. It includes industries like retail, food and beverage, entertainment, and personal care. Consumer stocks are shares of these companies that are traded on the stock market. They often reflect broader economic trends and consumer spending habits. The sector is typically divided into consumer discretionary and consumer staples categories. Chipotle Mexican Grill (CMG Stock) Buying consumer stocks can offer several adv ...
3 Restaurant Stocks to Buy on the Dip: July 2024
Investor Place· 2024-07-28 11:45
Still, the disappointing international openings guidance shouldn't negate what was an excellent quarter. Overall, the company delivered solid same-store sales growth of 4.8% in the U.S. and 2.1% in international stores. As a result, total global retail sales surged 7.2% year-over-year, an improvement from the 5.8% growth recorded in Q2 2023. Indeed, CAVA has been opening new restaurants at a rapid pace. In its S-1 filing last year, it disclosed it had 263 restaurants. Since then, this number has grown to 32 ...
4 Reasons to Buy Cava Stock Like There's No Tomorrow
The Motley Fool· 2024-07-27 09:15
This restaurant chain brings a quality of opportunity to the table not often offered by the industry. Cava Group (CAVA 2.06%) isn't exactly a household name -- yet. Most consumers have probably never even heard of it, let alone eaten at one of its 323 restaurants spread across 25 states. Indeed, the most likely reason you're reading this right now is simply because the company's been getting lots of added attention since going public in June 2023, sending the stock much higher in the meantime. If you're loo ...
Cava Group (CAVA) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-25 22:55
Company Performance - Cava Group's shares experienced a loss of 15.11% over the previous month, underperforming the Retail-Wholesale sector's loss of 2.37% and the S&P 500's loss of 0.26% [1] - The latest trading session saw Cava Group (CAVA) closing at $78.23, reflecting a +0.4% adjustment from the previous day's close, outperforming the S&P 500 which recorded a daily loss of 0.51% [6] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $0.34 per share and revenue of $905.54 million, indicating changes of +61.9% and +24.27% respectively from the prior year [2] - Cava Group is expected to report an EPS of $0.12, which represents a 42.86% decline compared to the same quarter last year, while the revenue estimate is projected at $220.63 million, up 27.61% from the year-ago period [7] Valuation Metrics - Cava Group holds a Forward P/E ratio of 226.32, which is significantly higher than the industry's average Forward P/E of 19.5, indicating a premium valuation [4] Analyst Sentiment - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that Cava Group currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS estimate shifting 0.42% upward over the past month [9] - Changes in analyst estimates for Cava Group are crucial as they reflect the evolving business trends, with positive revisions seen as a sign of optimism regarding the company's outlook [8] Industry Context - The Retail - Restaurants industry, which includes Cava Group, has a Zacks Industry Rank of 156, placing it in the bottom 39% of over 250 industries [10]
3 Plunging Restaurant Stocks to Eat Up for Cheap
Investor Place· 2024-07-25 12:00
Restaurant stocks have been hit rather hard in this inflationary climate. Thanks to customers' resistance to higher prices, the pricing power of various fast-food firms has proven somewhat limited recently. However, I do think waning inflationary pressures and price rollbacks could help the quick-serve restaurant and fast-food firms stage a much-awaited comeback. Sure, some restaurants may need to sacrifice their margins to reverse falling in-store traffic trends. Regardless, such a hit, I believe, will be ...