Could Investing $10,000 in Cava Make You a Millionaire?
Cava Group (NYSE: CAVA) is often compared to Chipotle Mexican Grill. It's an apt comparison given the operating model of the two restaurant chains. But it also hints at the long-term opportunity for Cava if it can keep expanding its store base. Cava could be a key part of a millionaire-making portfolio, but it's still a stock you'll want to treat with a bit of caution.
Like Chipotle, Cava's business model is to offer freshly prepared fast casual food via an assembly line style creation process. Perhaps the biggest difference between the two restaurants is that Chipotle makes Mexican food and Cava makes Mediterranean food. But in this comparison is the hint of long-term opportunity.
Image source: Getty Images.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€45.75
-0.290%
The stock is one of the favorites of our community with 70 Buy predictions and 1 Sell predictions.
With a target price of 2478 € there is potential for a 5316.39% increase which would mean more than doubling the current price of 45.75 € for Chipotle Mexican Grill Inc..
