CAVA Group (CAVA)

CAVA is up 143% in the last 6 months. Anything that's been this hot you have to wait for a 15-20% decline before entering.

They report Tuesday and we'll see if they deserve their 93% year-to-date romp. This monster Mediterranean restaurant chain is considered the next Chipotle.

Any time stock moves up ~77% - usually a good time to sell. Would recommend holding - major potential. 

Cava is up 105% in the last 6 months, but has come down. Great fundamentals and long-term growth. This won't be cheap.

Was upgraded today. Any consumer weakness is already baked into the stock. They reported last August 27% revenue growth, down only 1% from the previous quarter, and same-store sales growth of 18.2%. Their average unit (location) volume rose, too, and their profit margin rose 26.1%. Offered a full-year forecast that was mixed with same-store sales growth of 13-15% and profit margins of 23%, slower than the first half of this year. But EBITDA was encouraging. Maybe they're lowballing investors. They report next Tuesday. But don't anything until the lock-up period on insider selling expires in 6 weeks.

Likes the company and its food. Shares can hit $60.

This restaurant chain went public last year. Today, 8 analysts initiated coverage. $2.5 billion is sales per average unit. Shares jumped 11% today.