Cava Stock Is Down Around 20% Since December: Should You Buy the Dip?

Cava Group (CAVA 2.84%) was one of the hottest restaurant stocks to own last year. In 2024, the stock soared by an incredible 162% as investors were thrilled with the company's impressive results. While many restaurants struggled to generate growth, Cava demonstrated resilience and strong demand, leading to some incredible gains for its shareholders.But in the last month of 2024, cracks started to appear. And entering this week, the stock has declined by around 20% since December. Is this a great opportunit ...