CAVA Stock Hits 52-Week High: Should You Wait for a Dip or Buy Now?
CAVA (CAVA) ZACKS·2024-10-21 23:15
Shares of CAVA Group, Inc. (CAVA) touched a new 52-week high of $135.86 on Friday. The stock pulled back to end the trading session at $135.34.The CAVA stock has surged an impressive 68.5% over the past three months, significantly outperforming its industry peers and the broader market. The industry gained 17.3%, while the S&P 500 rose just 4.8%. CAVA's strong momentum shows the company's continued ability to fire on all cylinders.CAVA has outpaced industry players like Chipotle Mexican Grill, Inc.’s (CMG) ...