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Is Cava Stock a Buy Now?

TheMotleyFool

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When it comes to hot stocks, Cava Group (NYSE: CAVA) is arguably among the hottest. Shares surged more than 300% over the past 12 months.

Given the current lofty price of Cava stock, it's almost hard to believe it was at a 52-week low of $29.05 last October. And Cava's debut as a public company, in June 2023, was at $22 per share.

Can the stock's massive run up continue, or is it too late to buy shares? The stock has pulled back from its 52-week high of $131.82 reached in September, so this could indicate a potential buy opportunity. To know if now is a good time to pick up Cava shares, let's dig into this hot company.

Source Fool.com

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