Is It Too Late to Buy Cava Stock?
In a year when investor attention has been wholly focused on artificial intelligence (AI), CAVA Group (NYSE: CAVA) has quietly been one of the best-performing stocks on the market.
Shares of the fast-casual chain are up 184% year to date through Aug. 23 as the company has posted a series of blowout earnings reports, making the case that it could be the next Chipotle Mexican Grill.
While Cava's bull run is certainly good news for investors who bought shortly after its IPO last June, for those who have watched from the sidelines, there's a more pertinent question to ask. Is it too late to buy Cava stock? Let's take a look at where the business stands today and its prospects over the long term.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€51.92
0.780%
The stock is one of the favorites of our community with 76 Buy predictions and 1 Sell predictions.
With a target price of 2370 € there is potential for a 4464.71% increase which would mean more than doubling the current price of 51.92 € for Chipotle Mexican Grill Inc..
