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

CAVA Group, Inc. (NYSE:CAVA) is one of the stocks highlighted in Jim Cramer’s latest Mad Money recap as he provided top stock insights. When a caller asked about the stock, Cramer said:

I think that Cava is great. I never understood why it was all the way down. As you know, it’s recommended in the book very intensely. The stock’s down $3 today. I think the stock could repeal some of those gains. Maybe at 75, 73, that’s where I’d go, and not before then, okay? Not before then.

Photo by AlphaTradeZone

CAVA Group, Inc. (NYSE:CAVA) operates a restaurant chain under the CAVA brand and sells dips, spreads, and dressings through grocery retailers. Cramer was quite bullish on the stock when a caller inquired about it during the January 15 episode. He remarked:

No, no, no, no. Cava’s making a big move. It just started. Look at Yum today. Look at Texas Roadhouse today. Look at that group. Cava is good. It was making me look bad in How to Make Money in Any Market, but that’s no longer the case. Cava is a buy, buy, buy.

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