29.01.2025 12:45:00
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Could Buying Cava Stock Today Set You Up for Life?
Shares of Cava Group (NYSE: CAVA) are trading hands with a price-to-earnings ratio of nearly 300. That's an important number to keep in mind as investors assess the future. If shares of this up-and-coming restaurant chain are going to set you up for life, they will have to live up to some very high expectations. The big question is whether or not it can do that right now.The excitement around Cava involves the success that has already been achieved at Chipotle Mexican Grill (NYSE: CMG). The reason for this is that both restaurants use the same basic food concept -- only that one, Chipotle, is focused on Mexican fare and the other, Cava, makes Mediterranean-themed food. The shared concept is that each one cooks the food being served in an open kitchen and then has an assembly line style serving system.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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