Jim Cramer’s Game Plan: 17 Stocks in Focus

10. CAVA Group, Inc. (NYSE:CAVA)

Number of Hedge Fund Holders: 47

Cramer noted that CAVA Group, Inc.’s (NYSE:CAVA) stock decline is not related to its last earnings report and predicted that its upcoming earnings report will contain great numbers.

“Now have you seen the action in CAVA of late? This once beloved restaurant stock, although a still beloved chain, has plummeted and it’s not because of the last quarter, which was stellar. I bet they report another set of great numbers. But when Wall Street has turned against momentum stocks, it doesn’t matter how well your business is doing. File CAVA away if the quarter’s great. We’re circling back at lower levels.”

CAVA (NYSE:CAVA) is a company in the fast-casual dining industry, managing an expanding chain of Mediterranean-themed restaurants throughout the United States. Over the past year, CAVA stock has gained over 110%.