Chipotle Mexican Grill has recently split its shares, making it more accessible to investors.

From Nasdaq: 2024-07-11 04:45:00

1. Stock splits are a positive sign of a business doing well, although they don’t fundamentally change a company’s financials. Chipotle Mexican Grill has recently split its shares, making it more accessible to investors. Other notable stocks that split have seen significant gains post-split. Data shows Apple, Alphabet, and Amazon have all seen positive performance after their splits.

2. Despite a recent decrease in stock price, Chipotle’s potential for growth remains high post-split. Other stocks, like Tesla and Walmart, have seen gains of at least 50% after splits. Analysts project Chipotle’s stock could climb to around $90 in the future, but it currently trades at a high earnings multiple.

3. While a stock split can add momentum, investors should focus on Chipotle’s financial performance for strong returns. The company’s growth plans and ability to scale effectively make it a good long-term investment. Chipotle’s stock may continue to rise if it delivers strong results, regardless of the split.

4. Before investing in Chipotle, consider other potential high-growth stocks identified by The Motley Fool’s Stock Advisor team. Chipotle did not make their list of top stocks, but their picks have historically produced significant returns. Stock Advisor provides a roadmap for building a successful portfolio and has outperformed the S&P 500 since 2002.



Read more at Nasdaq: Chipotle Just Did a Stock Split. History Says This Is What Might Happen Next.