There is one super-hot stock (hence the lava) I had never heard of until today called Cava, which evidently is a fast-growing restaurant chain of Mediterranean-themed restaurants. Here is their stock chart whose symbol, you guessed it, is CAVA:
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_CAVA-640x344.jpg)
Looking at their map of locations, now I see why I hadn’t heard of them, since their presents in the west is quite thin. It looks like they are more of a southern and southwest thing right now.
![](https://static.seekingalpha.com/uploads/2023/6/14/49574598-16867652723473632_origin.png)
What intrigued me was how richly-valued their restaurants are. Is a Cava worth 400% more than a Shake Shack? That’s what the market believes right now.
![](https://sherwoodnews.imgix.net/cava-valuation-final.png?auto=compress%2Cformat&cs=srgb&fit=max&w=3840)
I mean, I’m sure it’s tasty, but………….c’mon.
![](https://cdn.vox-cdn.com/thumbor/AvlPAX_8k4Q4gNqmNES4pUSTeJM=/0x0:2048x1365/1200x800/filters:focal(861x520:1187x846)/cdn.vox-cdn.com/uploads/chorus_image/image/60751957/CAVA_Food_Selects_3.0.jpg)