Up 165% Already This Year, Is It Too Late to Buy Cava Stock?
CAVA (CAVA) The Motley Fool·2024-09-06 11:47
Does this high-flying stock have more room to rise even higher? If a company is able to achieve impressive growth at a time like now, when people are struggling amid inflation, it can be a sign of a truly impressive business. That's a key reason why Cava Group (CAVA 2.40%) is often seen as the next Chipotle, as the fast-growing business could have a lot of upside given its relatively modest $13 billion valuation. Cava Group's sales are growing by double digits, and it's opening more restaurants. At the same ...