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1 Growth stock down 15% to buy now

Wall Street loves a growth story, and Cava group (NYSE: CAVA) Investors are given exactly that. But the attractiveness of Cava’s stock to investors is actually based on the success it brings Chipotle Mexican Grill (NYSE: CMG) has achieved over time. And while Cava is trading near an all-time high, Chipotle shares have retreated 15% from their highs.

Given this dynamic, more conservative growth investors might consider looking at Chipotle instead of Cava.

Chipotle has a Tex-Mex theme for its food products. Cava has a Mediterranean food theme. That’s the biggest difference between these two fast-casual restaurant chains. After that they are almost copies of each other.

Read on

Source Fool.com

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