Although artificial intelligence (AI) and the "Magnificent Seven" stocks are widely credited with lifting the major stock indexes to record levels, it can be argued that stock splits are the hottest ...

One stock that has arguably been overdue for a stock split is Chipotle Mexican Grill (NYSE: CMG). Trading at roughly $3,089 per share, its price tag is among the highest you'll find in the S&P 500.

Investors have gravitated to companies enacting stock splits during periods of volatility and uncertainty. Walmart and Chipotle Mexican Grill joined elite company this year by declaring respective ...