Workflow
Where Will Cava Stock Be in 5 Years?
CAVACAVA (CAVA) The Motley Fool·2024-01-14 13:45

Since it debuted on the public markets at $22 per share in June 2023, Cava Group (CAVA -0.05%) has been a winner for investors. As of this writing, the stock is up 93% from that opening price, trouncing the broad S&P 500 market index.But before rushing to buy this restaurant stock, investors should consider where the business could be in five years. This long-term mindset forces us to think about the factors that really matter.Growth is the main storyThe company had its initial public offering about seven m ...