CAVA Group (CAVA)

Likes it. Doesn't understand why it went down. It could return to $75.

Reported a weak quarter and shares plunged 23% in the past month. Consumer won't pay up for food.

Cava and Sweetgreen have to lower their prices if they want to turn things around. Otherwise, they will price themselves out of this market. Cava has the better balance sheet. He expects Cava to reduce prices, which makes it a buy.

Ignore the volatility. Buy it on a dip. Don't buy now. It hit $70 earlier this year. Is a long-term position.

A great regional to national growth story. Up 340% over the last 2 years, though is -30% this year. He doubled-down in mid-March. They keep delivering strong numbers, growing its US store base, and revamping its loyalty program. Yesterday, they reported that business is difficult, though he thought the quarter was great: 10.8% same-store sales growth, missing the 11% estimate, revenue up 28% YOY, though EPS strongly beat. They raised their adjusted EBITDA and maintained same-store sales growth. Is a long-term play. Now is a buying opportunity. Caveat: it trades at a high multiple, so it will get hurt if there's another risk-off market. As long as their expansion continues, there's room to run.

It reports Tuesday and he expects another strong quarter. However, Wall Street has turned against momentum stocks, so it won't matter how good business is. 

He's long liked this. Rallied 7.4% today after recent profit-taking, but this was merely taking a breather after running too hot.

Is up 167% this year, though -15% the past month. Let it come in a little more--wait until January. Buy some, then let it come in further, then buy more. CAVA is very volatile.

Nothing wrong with it, just profit taking now which is happening some high-flying stocks. The reason is insider selling, which makes him nervous though.

Is up 242% this year.  Same-store sales rose 18% vs. the expected 12%.

Likes it, but shares are near highs, so wait for a 10% drop.

They have one the great, new concepts in this market.

A regional success story and great company, but it just hit its all-time high today. Wait. 58% this month is too toppy.

 Cava reported a great quarter. Net sales at Cava jumped 35% and same-store sales were 14% vs. expected 7%.

It's had a big run, up 86% and is now on sale. It will have many years of goodness. Hold and buy on dips.