Some stocks seem under the radar in some of the most underrated sectors in the market, such as retail stocks, in a world where technology stocks and artificial intelligence are all the hype. One success story in the restaurant industry is Chipotle Mexican Grill Inc. (NYSE: CMG), after the stock compounded by over 700% in the past decade to leave the broader S&P 500 behind.
How could a restaurant chain do so well in the market? Can any other brand attempt to replicate its success in today’s landscape? Those are the questions that a new contender is looking to answer. That contender is CAVA Group Inc. (NYSE: CAVA), the newer build-and-go restaurant concept making a splash in the market and on investor screens today.
