Cava Stock Is Down 25% Over the Past Month. Is It Time to Buy?

Investors have been going wild over Cava Group (NYSE: CAVA) stock since it debuted on the market in 2023. I mean that almost literally -- it's up 174% over the past year, and its valuation is through the roof.Although Cava has a lot going for it, some investors may be waiting on the sidelines for a better entry point. Is it finally here? Cava stock is down 25% over the past month. Let's see why that's happening, and whether or not this is the attractive entry point you've been waiting to see.Cava is being touted as the next Chipotle Mexican Grill. Investors who missed out on Chipotle's massive gains are trying their luck with Cava instead. It has a very similar concept: fresh, healthy, premium ingredients that can be customized into all sorts of salads, bowls, and entrees. Cava serves Mediterranean food in a fast-casual setting, and its model of having all the ingredients prepared and ready for customization, instead of being cooked fresh for each customer's order, lends itself to quick meal prep. That in turn leads to satisfied customers, higher sales, and expanding margins.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool