Is Cava Stock a Buy Today? Wall Street Has Its Doubts

Cava Group (NYSE: CAVA) has been a hot stock since its initial public offering (IPO) last year. It burst onto the scene with a fresh restaurant concept that's been catching on across the country, and investors are hoping it becomes the next big restaurant chain.

While investors can't seem to get enough of Cava stock, Wall Street has taken a more cautious view of the company. Is it still a buy?

Cava is one of several hot stocks in the fast-casual restaurant category. Pioneered by Chipotle Mexican Grill, fast-casual chains offer a step-up in ambiance and quality from fast-food. Other popular names include Sweetgreen and Shake Shack.

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Source Fool.com