Jim Cramer Believes CAVA is a 'Great Long-Term Position' But Suggests Waiting for More Dip
'Yes, yes. It's what I call, it's a terrible trader, and there's been these big chunks that come for sale, and you have to just close your eyes. You can't watch the trading because it's very, very unnerving, and you want to hit it on a real dip, which you don't have right now because it was down to 70 earlier this year. Wait for more of a dip for Cava, but I think it's a great long-term position.'
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
CAVA (NYSE:CAVA) operates restaurants under the CAVA brand and provides a range of food products like dips, spreads, and dressings. The company sells its products through grocery stores, along with online and mobile ordering.
While we acknowledge the potential of CAVA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.

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