Is Cava Stock the Next Chipotle?
Fast-casual restaurants have steadily grown in popularity in the United States this century. With customizable menus, a wide range of healthy options, and reasonable prices, fast-casual chains have a strong value proposition that has resonated across the country.
The most successful fast-casual chain has been . After going public in the early 2000s, the stock has crushed the market, up 4,500% versus the S 500 index's total return of 379% over that time frame.
Cava (NYSE: CAVA) is an exciting new restaurant concept that is trying to become the first national chain serving healthy Mediterranean-style food, and its stock just went public earlier this month. Let's see what's under the hood at this fast-growing restaurant concept and whether the stock has the potential to crush the market just like Chipotle.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
With 77 Buy predictions and 1 Sell predictions Chipotle Mexican Grill Inc. is one of the favorites of our community.
Based on the current price of 48.48 € the target price of 2357 € shows a potential of 4762.3% for Chipotle Mexican Grill Inc. which would more than double the current price.
