Stocks with a high price tag are some of the most sought-after investments. This is because many of us associate value with price.
The greater the price, the more valuable a company grows, and hence, the more attractive it becomes.
However, let’s face it: the average investor may not afford even a single share of some of these businesses.
Therefore, individual investors should know which equities may be difficult to trade because of their high per-share price.
It’s also worth mentioning that not all brokers offer fractional share purchases to their clients.
Even if a company’s stock price does not always correlate to its worth, these trading ramifications are nonetheless significant.
Keep in mind that a company’s market capitalization is equal to the sum of its share price and the number of outstanding shares.
As a result, you should know a company’s stock price alone does not always show whether it is overvalued or undervalued.
After all of that, here is a list of the top 10 most expensive wallstreet stocks in the world.
The World’s Top 10 Most Expensive Stocks Right Now
The following is a list of the best corporate stocks to invest in. We only consider the stock’s nominal price, not other techniques of determining how pricey a stock is, such as the price-earnings ratio.
These are the most expensive wallstreet stock.
Share Price: $427,405 per share
Berkshire Hathaway is a well-known conglomerate holding firm led by Warren Buffett, a legendary investor, and his business partner Charlie Munger.
Utilities, food companies, consumer products, insurance, railways, and finance corporations are among the companies in which the firm invests.
Its current market worth is $634.32 billion, making it one of the world’s most valuable firms.
And its stock isn’t cheap, thanks in part to Buffet’s resistance to stock splits. You’ll have to refinance your house if you want to acquire one share of his company.
The price of a slice of pie is $427,405, making it the world’s most expensive stock (in purely nominal terms).
Warren Buffett’s empire includes BNSF railways, Berkshire Hathaway Energy, GEICO care insurance, General Re reinsurance, and other insurance companies, among others.
Lindt & Sprüngl IAG
Share Price: $10,814 per share
You’ll have to pay $116,500 to buy a piece of Lindt & Sprüngl IAG, which is the second-highest stock price in history.
The company is valued at roughly $28.30 billion and is known for creating some of the world’s most delectable Swiss chocolate.
The company owns several significant factories as well as over 410 outlets in various nations across the world. Part of the reason for the company’s high share price is its long history.
It was started in 1836 in Zurich by David Sprüngli, and it has grown steadily since then. When Rudolf Lindt’s company bought it out and relaunched it in 1988, the business soared off.
Since then, it has acquired several other European confectionery companies, transforming it into a true conglomerate. Of course, Lindt & Sprüngl IAG is no longer only a chocolate manufacturer.
This is one of the most expensive wallstreet stock.
Share price: $5,893 per share
NVR Incorporated is a company you’ve probably never heard of. If that’s the case, you’re not alone.
The corporation, which has one of the most valuable stocks on market, constructs homes, offers mortgage loans, and operates under various names.
It has built over 365,000 properties for clients across the United States since its beginnings.
NVR Incorporated has several companies that serve as its client-facing brands. Fox Ridge Homes, Heartland Homes, Ryan Homes, and NVHomes are among them.
You’ll see that the price per share in this example is significantly lower than in the prior two. When compared to penny stocks, however, it’s still quite high. The reason for this is due to the way the corporation splits its shares.
NVR has grown significantly and been more lucrative over the last 20 years, so the initial shares it issued at a modest price are now worth significantly more, putting it among the top 5 stocks.
Share price: $3,884 per share.
Another corporation you may not be familiar with is Seaboard Corporation. With a market worth of $4.51 billion, it isn’t extremely valuable. However, the same cannot be true for the company’s stock prices.
Seaboard is a multi-faceted company having interests in transportation and agriculture. It primarily engages in pork production in the United States and owns and runs numerous large ocean-going cargo ships. Its current headquarters are in Kansas.
Amazon Inc. (NASDAQ: AMZN)
Share Price: $3,523 per share
Even Amazon’s highest stock price wasn’t long ago considered reasonable. However, if you want a piece of the brand’s current fortune, you’ll have to empty your wallet. A slice of Jeff Bezos’ pie costs $3,523, according to the current admission fee.
Amazon is third in the world’s most valuable firms, behind Microsoft and Apple. It had more than $110 billion in revenue and a market capitalization of $1.79 trillion in Q3 2021, making it one of only a few corporations in the world to do so.
Surprisingly, a business of this size is only three decades old. It was founded by Jeff Bezos in Seattle in 1994 to be a bookstore.
Since then, it has expanded to employ over a million people and have assets worth more than $360 billion.
This is one of the most expensive wallstreet stock.
Alphabet Inc. (NASDAQ: GOOG)
Share Price: $2,964 per share
Google, the world’s most well-known Internet firm, recently changed its name to Alphabet.
The company was once outside the reach of the well-known Google search engine, but it now owns a slew of other businesses.
The Internet holding is led by Sergey Brin and Larry Page, who co-founded the mega-company in 1998.
Alphabet Inc. owns and operates over thirty well-known services and subsidiaries, including AdWords, Android, YouTube, and others.
Share price: $2,307 per share.
Booking Holdings is the parent company of Booking.com, which is one of the world’s most popular travel websites.
The Priceline Group Inc., as it was then known, was founded in 1997. It raised more than $12.9 billion in assets on the first trading day of its first public offering.
Its market cap grew to $94.74 billion as a result of the success of its internet platforms, which include Kayak.com, OpenTable.com, and Agoda.com. Its most popular brand is still Booking.com.
Share Price: $1,989 per share
AutoZone is hot on Booking Holdings’ heels. The company’s stock is presently trading at $1,989 per share.
Since its inception in 1979, AutoZone has experienced tremendous expansion across the United States.
It presently has over 6,000 locations in 49 states, all of which specialize in car repair. It is now the second-largest retailer of replacement auto parts and accessories in the United States.
Cable One, Inc. (branded as Cable ONE) is a former subsidiary of Graham Holdings Company and a US-based cable services company.
The company’s name and line of business may be traced back to 1997 when it was known as Post-Newsweek Cable.
Cable One is the seventh-largest cable provider in the United States, with over 800,000 users in 21 states. High-speed Internet, cable television, and telephone service are among the company’s core offerings.
The company’s headquarters are in Phoenix, Arizona.
Chipotle Mexican Grill
Share Price: $1,739 per share
Chipotle was in a rough spot a few years ago. Its stock price plummeted as a result of negative reviews.
The restaurant chain, on the other hand, soon turned things around, and its stock today trades at $1,739, putting it solidly in this “top-10” list of stocks by price.
Chipotle first opened its doors in California in 1993, under the leadership of CEO Steve Ells.
It now operates in several nations throughout the world, including the United Kingdom, France, Germany, and Canada. It provides a “quick-casual” service, similar to that of many other popular restaurant chains.
What is the current highest stock price?
Investors can decide the highest expensive stock in a variety of ways, as previously stated.
Berkshire Hathaway’s A share is the most costly stock in terms of stock price (NYSE: BRK.A). On December 31, 2021, this stock closed at $450,662 per share.
The company’s longtime owner, Warren Buffett, was instrumental in propelling these shares to such heights.
Berkshire Hathaway has companies in a variety of industries, including insurance, real estate, energy and utilities, rail freight, food service, and consumer goods such as jewelry, furniture, and housewares.
Geico, Dairy Queen, Oriental Trading Company, Duracell, and Fruit of the Loom are just a few of the company’s well-known brands.
Despite the prominence of Berkshire Hathaway’s brands, the company is most known for its stock holdings. Investors eagerly await Warren Buffett’s annual letter to shareholders, in part because the letters detail Berkshire Hathaway’s holdings.
These are a collection of well-known firms, with Apple being the greatest holding in terms of market value and Bank of America being the largest holding in terms of the number of shares owned.
Berkshire Hathaway Inc. (Berkshire Hathaway)
There are two main reasons why Berkshire Hathaway stock has achieved its current price. The first is the increase in earnings. Stocks are typically valued at a multiple of earnings. Berkshire Hathaway has enjoyed tremendous expansion over the years.
The corporation made a profit of just about $4.85 million in 1965. The corporation recorded net earnings of more than $81.4 billion, or $49,828 per share, in 2019, the most recent year with revenue unaffected by the epidemic.
Between 1965 and 2019, earnings climbed by about 17,000 times. With diluted earnings per share expected to reach $26,667 in 2020, the company appears to be on track to increase profits, even more, this year.
Is the Price of a Company’s Stocks a Good Indicator of Its Value?
The current price at which a buyer and seller are willing to trade a company’s stock is represented by its stock price.
As a result, the stock price alone does not provide a clear view of the company’s overall worth. In fact, because it represents a percentage change in a company’s market cap, the stock price is a proportional representation of its value.
What is the largest one-day gain a stock has ever made?
In October 2008, Volkswagen stock rose the most in a single day in response to a Porsche statement.
On October 28, the German carmaker’s stock soared as high as 93 percent after Porsche announced it had bought a 74 percent stake in the company through futures trading.
Certain companies’ stock prices may make investing in them nearly difficult for the common investor. Don’t be fooled into thinking that price is a reliable predictor of future worth and growth. While this may be true for certain companies, it may not be true for all.
Some corporations, in reality, only issue a small number of shares, resulting in a higher market price. When considering an investment, make sure to consider the big picture, which includes business models, product offers, earnings, and other considerations.
There are companies, including ones that have gone through stock splits that can help you achieve your financial goals while staying well within your budget.