Should You Buy This Recent IPO Stock?

The number of companies going public has plummeted over the past two years. A volatile stock market and economic uncertainty can do that. But it didn't keep the fast-casual Mediterranean food chain Cava Group (NYSE: CAVA) from its June initial public offering (IPO).

Investors could be hoping the company's fresh food and specialized cuisine generate -level success; shares for the industry leader have returned more than 4,000% since its IPO.

Is Cava up to the task? There seems to be a buzz around the company, but a stock must check multiple boxes to move the needle in your portfolio. Here's what I found out after taking a peek under the hood.

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Source Fool.com