FT商学院

Meet the salad hawkers that are valued like tech stocks

But rally for Sweetgreen and Cava may not stay fresh and valuations may prove too rich

Forget artificial intelligence or robotaxis. Investors hungry for returns may want to turn to their lunches for inspiration.

A duo of US fast-casual restaurants — salad hawker Sweetgreen and Mediterranean-inspired outfit Cava — is showing that you can beat the crowd without tech stocks.

Shares in Sweetgreen have more than tripled over the past 12 months. Cava shares have enjoyed an even more blistering run — up over 300 per cent to trade at a record high. That tops even tech darling Nvidia’s 232 per cent rise.

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