The stock market is rapidly growing every day and the prices for stocks are frequently changing. But there are some stocks with skyrocketing prices and that’s how they have become the most expensive stocks in the world today.
What’s their cost and why are they so expensive? While the stock market keeps on changing, in today’s share market scenario, there are 10 stocks that are the most expensive to buy.
10 Most Expensive Stocks in the World
1. Berkshire Hathaway
Currently, the costliest share in world is none other than Berkshire Hathaway. This is a multinational conglomerate with companies like:
- Fruit of the Loom
- Helzberg Diamonds
- International, GEICO
- Dairy Queen
The price of a single share is $4,10,704.97 today and it is not a surprise. Berkshire also has a minor yet significant holding in Wells Fargo, Apple, Coca-Cola, and American Express.
2. Lindt & Sprüngli AG
Commonly known as Lindt around the world, this company was founded in 1845 as a luxurious chocolatier and Swiss confectionary owner. Known for its uncountable sweets, including truffles and chocolate bars around the world, this company has come far.
The story of Lindt & Sprüngli dates back to 1836 when Rudolf Sprüngli-Ammann opened up a small confectionary in Zurich with his father. Today, it is one of the highest-priced stocks in the world and one stock is for $72,037.79.
3. Next PIc
Next Pic is based in Enderby and is a British multinational retailer. It deals with clothing, footwear, and home essentials.
With approximately 500 stores in Ireland and UK and 200 stores in Asia, Europe, and the Middle East, this company has spread its wings and how!
It beat Marks & Spencer’s sales in 2012 and turned out to become the biggest clothing retailer in the country. Next PIc operates through three channels:
- Next Retail
- Next International
- Next Directory
The company reported a revenue of $5.6 billion in 2017. Today its share value is $6,553.89 and is considered to be one of the lead runners in the stock market.
4. Seaboard Corporation
Seaboard Corporation’s business involves ocean transportation and pork production and processing. A part of the Fortune 500 giants, the company recently gained a revenue of $5.81 billion. On an international level, Seaboard has also seeped into electrical power generation, commodity merchandising, sugar production, and grain processing. The company’s current share value is $4,019.26, making it one of the most expensive shares in world.
5. NVR Inc.
The company was introduced in 1940 under the name Ryan Homes. In 1980, it was changed to NVR Incorporated. The main business of this company is a home mortgage and building. To date, the company has brought 365,000 homes to life under the leadership of Paul C. Saville, the current CEO. NVR’s current net income is estimated to be $537 million and its revenue is $6.30 billion. Its one share costs $2,900.02 today and the company is considered to be a big competition in the stock trading market.
6. Booking Holdings Incorporation
Booking Holdings Inc. is a parent company of Booking.com. Initially called the Priceline Group, the company changed its name as a marketing strategy. It wanted its reservation website to become the biggest brand in the market and it seems like the decision was right. Today the company is growing rapidly and its revenue has increased by 18% from 2016. The share price of Booking Holdings Inc. has reached $2,033.79 today.
7. Amazon Incorporation
The biggest eCommerce company in the world, Amazon is a part of the list of the highest-priced stocks. This Seattle company sells anything and everything. Right from cosmetics to electronics, consumers turn to this destination and place unlimited orders. So, the stock price has been rising and today it has reached $ 1,500.25.
8. Market Corporation
Market Corporation was founded in 1930 by Samuel Markel. A financial holding company was earlier launched as a mutual insurance company for taxis and buses. Today, the company is a part of the Fortune 500 and is known to provide coverage for multiple vehicles. Today, the share price of Markel has reached $1,116.30.
9. Madras Rubber Factory Limited
This Indian company’s stock price has tremendously increased in recent times. The credit goes to its increasing revenue and 24% market share. Madras Rubber Factory is the country’s largest tire manufacturer with a share value of $1,109.73 per stock.
10. Alphabet Inc.
Alphabet Inc. is none other than Google. After its restructuring, the name changed and today this search engine is in the list of the most expensive shares in the world. Its revenue has been increasing with time and the stock price has reached $1,084.14.
These are the top 10 costliest shares in the world but the numbers keep turning. Every day the market fluctuates and you always need an expert by your side to tell you where, how, and how much to invest.
You can read more such interesting stories like:
- Business analysis of – Borosil Renewables
- Difference between Active & Passive Investing
- Invest Smart, Not Hard – SIPs Vs. Smart SIPs
Disclaimer: This blog is not to be construed as investment advice. Trading and investing in the securities market carries risk. Please do your own due diligence or consult a trained financial professional before investing.