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CMG - The Best Stock-Split Stocks to Buy Right Now
Chipotle Mexican Grill Inc.
2024-06-27 09:30:00 ET
Investors love stock splits. Although they don't change the fundamental value of a business -- they simply divide its profits among a larger number of shares -- stock splits are regarded as a powerful signal from a company's leadership team that good times are ahead.
This certainly appears to be the case for two of the stock market's best-performing stocks, both of which remain strong buys today.
Proven businesses with long runways for growth can be lucrative investments. Chipotle Mexican Grill (NYSE: CMG) is one such company.