Investors love a good stock split. Those events don't do anything more than split the same-sized pie into smaller pieces, but they only occur after a company's share price has soared, which generally indicates that the business is doing quite well. Even better, when management decides to split a company's stock, it implies that it thinks there's more growth coming.

Chipotle Mexican Grill (NYSE: CMG) wowed Wall Street back in March with the announcement of a stock split with one of the biggest multiples ever: Each current share will be split into 50 new shares. The change is set to go through on June 25 for shareholders of record as of June 18.

So is now the time to buy Chipotle?

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Source Fool.com