Is Cava Group a Better Growth Stock Than Chipotle Mexican Grill?

05.12.24 11:37 Uhr

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Mediterranean fast-casual restaurant chain Cava Group (NYSE: CAVA) is often seen as the next Chipotle Mexican Grill (NYSE: CMG) due to its impressive growth opportunities and the potential upside it possesses. This year, Cava's stock has been generating stronger returns for investors, with its share price up over 227% entering trading on Tuesday, versus just 32% gains for Chipotle's stock.With Cava posting far more impressive results than Chipotle of late, has it already become the better growth stock to own?A key metric in evaluating growth stocks is inevitably going to be the year-over-year revenue growth a business generates. Cava has been accumulating much stronger results in recent quarters, with its sales typically well up over 20%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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