Down 43%, Should You Buy This Growth Stock Like There’s No Tomorrow and Hold for 20 Years?
From Nasdaq, Inc.: 2025-04-20 10:00:00
Investors are feeling the heat as the stock market takes a dip this year, causing concern about the economy’s direction. Certain companies are facing challenges despite strong financials. One growing business has seen its shares drop by 43% from their peak, despite a 98% increase since their initial public offering two years ago.
Chipotle Mexican Grill has seen success in the fast-casual space, with shares up 216% in the past five years. Cava Group, a Mediterranean-inspired concept, is following suit with revenue up 35.1% year over year and a goal to reach 1,000 stores by 2032. However, their current valuation may not make them a strong buy at this time.
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