Jim Cramer - Mad Money
CAVA Group
CAVA-N
COMMENT
Feb 21, 2025
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.
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 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.
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.