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Cava Group, Inc. (CAVA) has seen a 50% decline year-to-date, following a 60% fall in value. Despite this, the company trades at 100x earnings. Cava's business has been relatively stable, with revenue growth driven by its innovative menu offerings and growing brand presence. The company's strong performance has led to a significant increase in its market value, making it one of the hottest stocks in the market in 2024.

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