How Much Higher Can Cava Group Stock Go?
CAVA (CAVA) The Motley Fool·2024-11-01 19:27
Cava has a lot of potential to get bigger in the future, but are investors already pricing in a lot of that growth?One of the hottest food stocks to own this year has been that of Cava Group (CAVA -0.19%). The Mediterranean restaurant chain went public last year, and while it didn't get off to a great start, 2024 has been a much better year for the stock. Year to date, Cava's valuation has risen by more than 220%, and it's currently trading around its 52-week high. What's behind the stock's impressive rally ...