Think It's Too Late to Buy Chipotle Stock? Here's the Biggest Reason Why There's Still Time

The company believes it can double its North American footprint to 7,000 locations.At first glance, one could easily assume they missed the boat with Chipotle (CMG 2.26%). The fast-casual restaurant chain surged following the announcement of its 50-for-1 stock split. Additionally, the stock is up more than 120-fold since launching its IPO at a split-adjusted $0.44 per share in 2006.Still, its footprint of more than 3,500 locations likely does not mean the stock is done growing yet. Here's how investors can ...