CAVA Group Aktie

CAVA Group für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A3EGWY / ISIN: US1489291021

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14.11.2024 11:07:00

Like Cava Group Stock? You Might Love This Restaurant Stock Even More.

Cava Group (NYSE: CAVA) has been one of the hottest restaurant stocks to own this year. As of Nov. 12, the stock is up a mammoth 237%, wildly outperforming the S&P 500, which is by no means having a bad year with its year-to-date gain of 25%.However, investors may be concerned the stock is approaching its peak with a valuation that's just too rich. Cava trades at nearly 300 times its projected fiscal 2025 earnings (based on analysts' expectations). If you're looking for a more reasonably priced restaurant stock that also offers strong growth potential, consider Shake Shack (NYSE: SHAK).Shake Shack offers "elevated versions of American classics using only the best ingredients." Its popular burgers, fries, and milkshakes have fueled its market-beating gains this year with the stock up 76%. However, despite having 552 locations compared to Cava's 352, Shake Shack's market capitalization of $5.5 billion is just one-third of Cava's. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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CAVA Group Inc Registered Shs 58,76 -6,15% CAVA Group Inc Registered Shs