Split Your Burrito and Your Stock
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 20 March 2024
⏱️ 28 minutes
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Summary
Transcript
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| 0:00.0 | You can split your burrito. Why not your stock? Motley full money starts now. |
| 0:09.0 | I'm Dylan Lewis and I'm joined over the airwaves by Motley Full analyst Tim |
| 0:16.4 | Byers Tim where are we at on the caffeine meter? |
| 0:19.0 | Fully caffeinated ready to go really really hungry for a burrito. You're going to have to make it |
| 0:25.2 | through this episode I think it's going to be a little hard. We are talking |
| 0:28.3 | splits in the food business including a zoom in on Chipotle's stock split, |
| 0:33.2 | the next generation of famous tech partnerships perhaps, |
| 0:36.1 | and an apparel brand that is sneakily |
| 0:38.0 | one of the best stocks of 2023. |
| 0:39.6 | We're gonna start with the Brito talk, though. |
| 0:41.0 | We'll get your hunger pangs over with early here, Tim. All right. with the |
| 0:43.4 | we'll get your hunger pangs over with early here Tim. |
| 0:43.7 | All right. |
| 0:44.1 | For the first time in the company's history, |
| 0:46.8 | Chipotle will be splitting its stock. |
| 0:50.3 | This week the company has a 50 for one stock split and I don't know if that number caught your eye Tim but I think that is one of the largest stock splits I have ever seen announced |
| 0:58.6 | I've never seen one bigger than that I mean it I've seen in the in the teens but I've never seen one bigger than that I mean |
| 1:06.3 | I've seen 10 for one before 50 for one no I've never I've never seen that and it |
| 1:11.2 | provides a huge amount of liquidity to the market for Chipotle shares when this completes. |
| 1:18.6 | So you'll be injecting way more shares into the daily average volume, which our colleague and friend Jim Mueller will tell you is very good for making an options market in Chipotle shares. |
| 1:36.2 | So stay tuned to hear Jim talk about that probably on the discussion boards, But I think this is very interesting. It just creates |
| 1:46.6 | a more liquid market for Chipotle. It certainly, if you're a long-time Chipotle shareholder you're going to suddenly look at your brokerage statement in a in a few weeks and see a whole heck of a lot more shares. |
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