Best 3 S&P 500 Stocks to Buy Right Now After Cava's Big Move
2026-03-10 13:25:00 ET
Cava Group (NYSE: CAVA) just reminded investors what happens when a fast-casual brand hits its stride -- and I called it!
Back in January, I started looking closely at Cava after its stock price dropped more than 50%, and I came away believing the sell-off had more to do with a broad fast-casual slowdown affecting chains than with any real weakness in Cava, which is still showing strong new-store profitability and long-term expansion potential.
The restaurant chain featuring Mediterranean cuisine saw its stock surge roughly 25% recently after blowing past expectations, crossing the $1 billion annual revenue milestone, and guiding for 74 to 76 new restaurant openings in 2026 as it pushes toward 500 locations and a long-term target of 1,000 by 2032.
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