Jim Cramer’s 21 Stock Calls: NVDA, AMD, and Speculation Warning

10. CAVA Group, Inc. (NYSE:CAVA) 

CAVA Group, Inc. (NYSE:CAVA) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. Mentioning that they are in the red and bought shares at $88, a caller inquired if they should buy more CAVA shares. Cramer replied:

You’re in the red? CAVA’s at $91. You’re not in the red. You’re doing great… I just think it’s exactly what you said. I think it actually might be the next Chipotle. I want you to hold on to it, and if it comes down, I think… You should buy more.

CAVA Group, Inc. (NYSE:CAVA) operates a restaurant chain under the CAVA brand and sells dips, spreads, and dressings through grocery retailers. Calling the company “great” during the March 20 episode, 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.