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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.

Photo by Joshua Mayo on Unsplash

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.

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.

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