Jim Cramer on CAVA Group: “I Never Understood Why It Was All the Way Down”

I deliberation that Cava is great. I ne'er understood wherefore it was each the mode down. As you know, it’s recommended successful the publication precise intensely. The stock’s down $3 today. I deliberation the banal could repeal immoderate of those gains. Maybe astatine 75, 73, that’s wherever I’d go, and not earlier then, okay? Not earlier then.

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CAVA Group, Inc. (NYSE:CAVA) operates a edifice concatenation nether the CAVA marque and sells dips, spreads, and dressings done market retailers. Cramer was rather bullish connected the banal erstwhile a caller inquired astir it during the January 15 episode. He remarked:

No, no, no, no. Cava’s making a large move. It conscionable started. Look astatine Yum today. Look astatine Texas Roadhouse today. Look astatine that group. Cava is good. It was making maine look atrocious successful How to Make Money successful Any Market, but that’s nary longer the case. Cava is simply a buy, buy, buy.

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