CAVA Stock Rallies as Earnings Confirm It's a Top Growth Play
CAVACAVA (CAVA) MarketBeat·2024-08-24 19:15

The economy has given investors plenty of reasons to stay away from consumer discretionary stocks lately, from inflation-choked consumers driving credit card delinquency rates higher to the postponement of interest rate cuts coming from the Federal Reserve (the Fed). However, a few worthy mentions in the space demonstrate strength through any cycle. CAVA By popularity and affordable quality, stocks like Chipotle Mexican Grill Inc. NYSE: CMG and McDonald's Co. NYSE: MCD have gathered momentum and strength in ...