1 Stock That Could Be Worth More Than Chipotle by 2040

As of this writing, Cava Group's (NYSE: CAVA) share price is about 127% higher than the $22 it debuted at for its initial public offering (IPO) a month ago. To say that investors are excited about the Mediterranean-focused fast-casual chain would clearly be an understatement.

But does this restaurant stock have a chance to be worth more than Chipotle (NYSE: CMG) by 2040? Cava's current market capitalization of $5.7 billion would have to rise roughly tenfold over the next 17 years, translating into an annualized return of 14.5%.

Let's look at Cava's investment merits and discuss why this outcome is a long shot.

Source Fool.com