2 Restaurant Stocks That Could Go Parabolic

There are many restaurant chains, but few make it to become the next or Chipotle Mexican Grill. If you do find the next breakout chain, though, it could turn your investment parabolic.

There are a few fairly new initial public offering (IPO) stocks that have strong momentum and potential. Cava Group (NYSE: CAVA) and Dutch Bros (NYSE: BROS) are two that deserve a look from growth investors.

Cava made a big splash when it went public last summer. I wonder if it would have caught as much attention if it had gone public during a time with more IPO activity. Right before the last bear market hit in 2022, there were two back-to-back years of record IPOs. That came to an abrupt halt, and Cava was an exciting option when there was a dearth of IPOs.

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Source Fool.com