4 Reasons to Buy Cava Stock Like There's No Tomorrow
Cava Group (NYSE: CAVA) isn't exactly a household name -- yet. Most consumers have probably never even heard of it, let alone eaten at one of its 323 restaurants spread across 25 states. Indeed, the most likely reason you're reading this right now is simply because the company's been getting lots of added attention since going public in June 2023, sending the stock much higher in the meantime.
If you're looking for a new growth investment, Cava stock remains a compelling option despite the added hype this past year. Four reasons stand out for this assessment.
For the unfamiliar, Cava is a restaurant chain featuring fast-casual Mediterranean cuisine. It operates in the space between fast food and traditional "sit-down" service, offering a scaled-down menu that features fresh ingredients combined into easy-to-make/easy-to-eat meals at a price that won't break the bank. The company opened its first store in 2010 and has grown relatively quickly to 323 locales as of April. Apparently, consumers love this fast-casual alternative to burgers and burritos.
Source Fool.com
