You can make a lot of money if you invest in companies that grow. When you buy a share, the price of that share can go up and then you can get more money than what you paid for it. This means that if the price goes up, you will earn more money.
This article tells about the company with the highest share price on October 12, 2021.
List of Top 10 Most Expensive Stock to Buy
The following is a list of stocks that are in the Russell 1000 index. The number of companies in the index is about 1,000. It does not include any smaller companies.
#1 Berkshire Hathaway Inc.
Stock price: $418,255
Market cap: $643.85 billion
Industry: insurance, finances, railway transport, utilities, food and, non-food products
It’s true! The price of one share of this company is $430,651. It’s the world’s priciest stock. This firm is recognised for its owner. The American investor and entrepreneur Warren Buffett is the owner. The company’s headquarters are in Omaha, Nebraska.
Berkshire Hathaway has a share price of $$430,651. This makes it the most expensive share in the world and below is the list of the top 10 most high-priced shares in the world-
- Car insurance: GEICO
- General Re (re)
- Berkshire Hathaway (insurance);
- Berkshire Hathaway Reinsurance Group
- BNSF — (railroad);
- Berkshire Hathaway Energy (power and gas);
- McLane (wholesale commerce).
The number of Berkshire Hathaway shareholders is growing every year. That’s why this meeting was called “Woodstock for Capitalists.” It was facetious.
#2 NVR (NVR)
Stock price: $4,842.34
Market cap: $17.30 billion
NVR is a company that builds homes. It has three brands: Ryan, NV, and Heartland. Since its inception, the company has built over 365,000 homes in 15 US states. This company is based in Reston, Virginia.
NVR Inc. owns these companies:
- Ryan Homes
- Rymarc Homes
- Fox Ridge Homes
- Heartland Homes
- NVR Loan (financial services).
#3 Seaboard (SEB)
Stock price: $4,173
Market cap: $4.89 billion
Seaboard is a company that makes and sells food. In addition, it makes and sells pork products.
Seaboard Corporation’s share is worth a lot of money. It’s the world’s third most valuable. Seaboard Corporation is a company that does many things in many different industries. It operates in agriculture and maritime transportation.
This company in the US mainly does two things. They make pork and they ship it by boat. The headquarters are in Merriam, Kansas. The USA is the country where it is located.
#4 Amazon.com (AMZN)
Stock price: $3,246
Market cap: $1.66 trillion
Amazon is a company that sells things online. It also provides other services, like cloud computing. The company has a market capitalization of over 900 billion dollars.
People can sell their goods on Amazon’s website for other people to buy. Amazon is a place where you can go to buy things. The popularity of this service is high because they have good quality items, low prices, and they deliver things right away. They also have lots of different things.
Amazon was established in 1994. It is located in Seattle, Washington. This company has more than 647,000 people and more than $162 billion in assets. It makes about $232 billion a year.
#5 Alphabet Series Series C (GOOG)
Stock price: $2,776
Market cap: $1.86 trillion
Alphabet is known for its biggest company, Google. But it also has other companies like Waymo. Alphabet has two public stocks that make the top 10 list. Google recently changed its name to Alphabet.
The company was not in the scope of Google a long time ago, and now it owns other companies too. Sergey Brin and Larry Page created Google. They are the leaders of Google.
Alphabet Inc. is made up of more than 30 popular companies. They are, for example, AdWords, Android and YouTube. Google is located in Mountainview, California.
#6 Alphabet Series Series A (GOOGL)
Stock price: $2,778
Market cap: $1.86 trillion
GOOGL shares are called common shares. Investors get a share of the company and usually vote. This is the most frequent sharing type.
The price of the Series A Alphabet stock is around the same as the Series C cousin.
Alphabet Series Series A (GOOGL) is one of the most common stocks for Alphabet.
#7 Booking Holdings (BKNG)
Stock price: $2,474
Market cap: $101.47 billion
Booking Holdings is a company that owns Booking.com and Priceline as well as OpenTable for restaurant reservations.
Booking Holdings is the world’s largest provider of travel services. The company provides many services, including car rental, ticket sales, and reservation of offices and hotel rooms.
In 1997, Jay Walker started the company. He created a website for big companies to buy stuff from other companies. In 1999, he went public and had a lot of money. At the end of 2018, he made over $14 million in income this year.
In February 2018, the name of the company changed to Booking Holdings. Before this, it was called The Priceline Group Inc. This is because they wanted to emphasize their most popular brand – Booking.com.
These are companies that are part of Booking Holdings:
#8 Cable One (CABO)
Stock price: $1,783
Market cap: $10.76 billion
Cable One is a company that provides phone, video and internet services. They are based in Phoenix.
Cable ONE is a US-based cable services provider. Cable ONE is a subsidiary of Graham Holdings Company. The company was Post-Newsweek Cable before 1997 but changed its name in 1997.
Cable One is one of the 7 largest cable companies in the USA. It serves 800,000 customers in 21 states. Its services are high-speed internet, cable TV, and phone service.
This company is in Arizona. They do not provide any services in Arizona, but they are still headquartered there.
#9 Chipotle Mexican Grill (CMG)
Stock price: $1,819
Market cap: $51.0 billion
Chipotle Mexican Grill is a restaurant chain in the US, UK, Canada and France. It serves Mexican food like burritos and tacos. The company got its name from the chipotle Mexican spice found in many of its dishes.
Chipotle is a company that makes food with natural ingredients and meat from animals. It also offers fast food service, but it doesn’t have any artificial products or unfinished materials.
This is the company that Steve Ells started in 1993. It is headquartered in Newport Beach, California. Chipotle has more than 2,500 restaurants in the USA. The corporation won’t stop there.
#10 AutoZone (AZO)
Stock price: $1,682
Market cap: $35.5 billion
AutoZone is a company in the US that sells parts and accessories for cars. It’s the second-biggest in America after Advance Auto Parts.
AutoZone is an American company that started in 1979. The company has stores across the USA.
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The stock price says little.
It’s fun to look at stock prices. Some are really high and some are not so much. A company’s size or market capitalization is very big, not just the price of the stock.
A lot of people think that Microsoft and Apple are big companies, but on this list, they are not. Why is that?
You need to know many more pieces of information to understand the stock price.-
- The total amount of corporate shares
- Market capitalization
- EPS ( Earning Per Share )
Total number of shares
A company has a number of shares. The more shares a company has, the smaller each share is. A company can have any number of shares as long as shareholders agree with it.
Imagine a pizza. If you cut it, you can get any number of slices. But the size of each slice doesn’t tell you much about the size of the whole pizza pie.
Many companies keep their stocks within certain ranges. They use stock splits to make it easier for people to buy shares, so they need less money to invest.
A company’s market cap is a number that tells you how valuable the company is. It is the total size of all the pieces of pizza.
Companies that have a lot of shares have a low share price. Apple and Microsoft are like this. They make many shares, but they make the share prices lower because there are more shares.
Market capitalization = Stock price * Number of shares outstanding
Earnings per share
Some investors look at a company’s earnings per share (EPS) to figure out the price-earnings ratio (P/E). They do this because they want to know how much they are paying for each dollar of the company’s earnings.
A higher P/E ratio means that investors are willing to pay more for the company’s earnings. A lower one means they aren’t willing to pay as much.
So, the company’s earnings per share show how much you are getting for the money you’re paying. A company with a high stock price will have higher “earnings per share” than those with a low stock price.
For Example – Amazon reported earnings per share of $41.83 in 2020. It’s currently trading at $3,000. Berkshire Hathaway also announced $26,668 earnings per Series A share, valued at about $430,000.
If you know the stock price and the EPS (Earnings Per Share) then you can figure out how much money you are paying for each dollar of earnings.
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