Time to Buy the Post Earnings Rally in Cava Group's (CAVA) Stock?
CAVACAVA (CAVA) ZACKS·2024-08-24 09:35

With its business model somewhat mirroring Chipotle Mexican Grill (CMG) in regards to Mediterranean cuisine, Cava Group (CAVA) has been one of the top-performing stocks since its IPO last year. The remarkable rally in Cava Group's stock continued after the company was able to exceed Q2 top and bottom line expectations Thursday evening. However, investors may be wondering if they should chase the rally in CAVA which popped +19% on Friday and has now skyrocketed +183% year to date to largely outperform the br ...