Is Cava Group Stock Still a Hot Buy After Rallying 60% This Year?
CAVACAVA (CAVA) The Motley Fool·2024-04-05 18:46

The stock trades at a premium compared to many other restaurant stocks. Is it worth it?A top restaurant stock to own this year has been Cava Group (CAVA -5.15%), up an impressive 60% thus far. Investors have been bullish about the Mediterranean fast-casual restaurant brand and its ability to cater to a broad and diverse customer base, which could make the chain more resilient amid a challenging economy. But while the company has been achieving some strong results in recent quarters, has the stock become too ...