CAVA Group: A Monster Stock
CAVA (CAVA) Seeking Alpha·2024-08-24 01:43
peepo/E+ via Getty Images CAVA Group, Inc. (NYSE:CAVA) is taking the investing world by storm. The stock has been a complete monster. Shorts are getting squeezed today. And here is the thing. While the valuation here is obscene, the momentum is strong. While we are likely to see some give back in shares, the fact of the matter is that there is a massive runway for growth here still. Not only is traffic up markedly, and comparable sales are shining, there are only about 350 stores. In short, it is still very ...