The highest price stocks in 2024

Most expensive stocks right now

This article features the most expensive stocks in the World, factors responsible for high market prices, and how investors benefit from them. Also, we shall be discussing future developments in the alternative energy industry and its implication on future stock prices.

Why are some stocks much more expensive than others

Stock prices are a pointer to a company's viability, prospects and health. The basic economic laws of demand and supply drive them.

If a company’s viability and growth prospects are high, people will jostle for their stocks driving up demand and price value. On the hand, if a company’s viability and growth prospects are low, few people will want a share of the company, leading to low demand and price value.

For example: Let us assume there are two companies, A & B, all incorporated to establish a human colony on Mars by 2024. Company A has successfully built a Mars space colony, while Company B has yet to launch a rocket to space. Which company's stocks would be more expensive?

Company A's stock would be more expensive due to their high prospect of meeting set objectives, thus, maximizing shareholders' and investors' value.

High stock prices benefit investors and shareholders as a legal tax-evading mechanism. They are also high-return generating assets and securities.

Top 12 Most Expensive Stocks

This section features corporations with the highest stock price, economy sector, market capitalization and other essential growth ascertaining metrics. These corporations also boast of the highest trading stocks on exchange markets.

Berkshire Hathaway Inc (BRK.A)

Formerly known as the Valley Falls Company, Berkshire Hathaway is one of the most successful multinational conglomerate companies in the World. With one of the World's richest men and successful investors, Warren Buffett, at the helm of affairs, it is easy to see why this stock attracts a premium market price.

Operating mainly in the insurance, transportation, and energy sector of the American economy, Berkshire's stocks currently trade at $471,650.20. Its market capitalization stands at $686.15 billion, making it one of the World's most expensive companies with the highest stock price and market capitalization.

Chocoladefabriken Lindt & Sprüngli AG

Lindt & Sprüngli AG is a Swiss confectionery and chocolate company founded in 1845 by father and son - Rudolf Lindt and Sprungli-Schwarz. It boasts transcontinental acquisitions, numerous American retail outlets, and European chocolate factories.

Globally Ranked as the second most expensive stock, Lindt & Sprüngli AG boasts of a market stock price value of $112,327.40 and a market capitalization of $26.65 billion.

NEXT PLC NXT

Next PLC is one of Britain's finest fashion retailing brands. Headquartered in Enderby, England, this publicly quoted company features prominently on the London Stock Exchange, where it commands a premium price. Its firm grip on Europe's fashion retailing industry is evidenced by its 700 stores across several European cities. Stock price and market capitalization stand at $8,460.67 and $ 10.94 billion, respectively.

NVR, Inc.

This publicly quoted company boasts of a superior track record of excellence in the home construction industry. With tiny bits of controversy and operations spread across 13 states, including Washington DC, NVR, Inc., is the second most expensive stock on US exchanges. Formerly known as Ryan Homes, NVR. Inc., stock price and market capitalization are $5,405.67 and $ 17.28 Billion, respectively.

Seaboard Corporation SEB

With several proven capabilities in the agriculture and transportation sectors of the American economy, Seaboard Corporation is consistent in excellent service delivery. A steady commitment to maximizing shareholders' values ensures high stock prices and market capitalization index.

Currently, this conglomerate company has a stock price and market capitalization of $3,949.98 and $ 4.59 billion, respectively.

Booking Holdings Inc BKNG

Founded by Jay S Walker in 1996, Booking Holdings Inc was incorporated in the American state of Delaware. It operates in the travel and tourism industry, offering an extensive range of services, including hotel reservations and bookings. Its stock price is $2,454.69, while its market capitalization stands at $95.22 billion.

Merkel Corporation

Since its 1930 inception, Merkel Corporation has continued to defy all odds to maintain a firm hold of the global insurance industry. With a stock price and market capitalization of $1,303.64 and $17.53B, respectively, this financial holding company is ranked as a Fortune 500 company.

Microsoft Corp MSFT

Bill Gates and Paul Allen founded Microsoft in 1975. Boasting proven capabilities in the personal computer, software and consumer electronic space, this company is consistently ranked among America's fortune 500. Its stock price and capitalization stand at $264.60 and 1.97T USD, respectively.

TESLA Inc., TSLA

Tesla Inc. is the undisputed champion of the Electric Vehicle industry. Named after famed Serbia scientist Nikola Tesla, this multinational automotive company is determined to reduce global carbon emissions, one electric vehicle at a time. With Elon Musk as its CEO, consistent ranking as one of the most viable corporations in the World is guaranteed. Tesla's stock price and market capitalization stand at $188.27 and $589.94B, respectively.

Apple Inc.,

Based on revenues and market cap indices, Apple is one of the largest technology companies in the World. Based in California, Apple boasts a $2.39T Market cap and a $150.82 stock price, respectively.

Amazon Inc

Amazon is the undisputed champion of the global e-commerce industry. While Jeff Bezos founded it as an e-commerce company, Amazon has developed expertise in cloud computing, digital technology, and artificial intelligence. Its stock price is $112.91 while its market capitalization stands at $1.15T, making it one of the few global companies to hit the $ 1 trillion market cap threshold.

Alphabet Inc.

Alphabet Inc. is the product of a 2015 corporate restructuring leading to its acquisition of Google as a parent company. Headquartered in California, Alphabet is one of the most valuable American brands and an undisputed leader in the Information technology space. Its stock price and capitalization stand at $107.74 and $1.40T, respectively.

Why are Berkshire Hathaway stocks so expensive?

Having conveniently answered the question of what is the most expensive stock in the World, we shall explain the key factors responsible for Berkshire Hathaway's high stock price below:

Management Team

A company's success largely depends on its management team. Stock prices reflect investors' and shareholders' confidence in a company's management team. Berkshire Hathaway's CEO, Warren Buffet, is one of the most successful hedge fund managers and investors in the World. His ability to maximize investment returns reflects in the company's stocks.

No stock split

Stock split refers to the division of a company's stock to increase stock numbers while diluting values. Stock split affects shareholders' stock price and market volatility. Since the issuance of Berkshire Hathaway's stock, the company's board of directors have not engaged in a stock split; hence stock price has consistently stayed on the high side.

Market Cap

Market cap is one of the most efficient value-ascertaining metrics used by prospective investors to gauge a company's size and true value. Companies with high market caps enjoy investors' confidence. Berkshire Hathaway's market cap reflects the company's value and the ability to deliver on its objectives.

Also, Berkshire Hathaway is one of the most capitalized companies in the SP 500, which is a further determinant of its premium price value.

Stocks that might become expensive in the future

The stock market is volatile. Prices can swing high or low depending on a company's value and ability to maximize shareholders' holdings, investors' confidence and the ability to effectively allocate capital for set objectives. The most expensive stock right now may be less expensive in a few years to come.

There are strong indications that ratings may change as we approach the fourth industrial revolution. Companies operating in emerging technology areas in biotechnology and alternative energy may alter the stock market dynamics in the coming years, especially as we intensify efforts to reduce carbon emissions and gas flaring to save the planet.

Is it a good idea to buy stocks with the highest price?

There is no straightforward answer to the question of whether it is a good idea to buy stocks with the highest price. It is not advisable to base buying decisions on the current stock price. TU experts recommend historical price analysis for the best buying decision. Price analysis includes understudying the dynamics of price change in relation to previous periods and average stock prices in the industry. Identifying a consistent growth pattern over a period is necessary before opting for a stock.

What are fractional shares?

A prospective shareholder will seek satisfactory answers to the questions: What is the most expensive stock, and what is the highest stock price? Before making a purchasing decision, especially if they are running on a budget. Share fractionalization allows prospective shareholders to purchase less than a share (fraction) in relation to their money.

In other words, fractional shares are less than full shares. As the name suggests, they are a slice, a tiny portion, and a fragment of a whole share. Unlike stocks, fractional shares aren't traded on the stock exchanges. They are usually products of stock splits, corporate restructuring and dividend investment plans.

Advantages of Fractional shares

Some stock brokers allow the purchase of fractional shares for the following reasons:

Best brokers for fractional shares

1

9.4/10

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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Minimum deposit:

From $100

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The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.

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2

9.2/10

Go to broker

Your capital is at risk.
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Minimum deposit:

$1

Review

The eOption broker (eoption.com) is an American stockbroker headquartered in Glenview, Illinois. It has been operating since 2007 and is a member of FINRA (CRD#: 7297/SEC#: 8-21765) and SIPC. It specializes in options trading and also acts as an intermediary in trades involving the popular securities classes. The company offers low trading commissions, super-fast execution of orders, and modern platforms with an advanced set of analytical tools. In 2020-2021, eOption was recognized as the best options broker by several resources such as Investopedia, The Tokenist, Benzinga, Investormint, and NerdWallet.

Pros/Cons

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3

9.1/10

Study Review

Minimum deposit:

$250

Review

The Ally Bank broker is part of Ally Financial Inc., which is an American holding company. The original company was created in 1919 by the General Motors automobile corporation to conduct activities with its auto parts suppliers and associated automobile dealerships. In 2014, Ally started offering banking products, and since 2017, it has also offered brokerage services. Currently, it operates solely as an online bank and brokerage firm and has no physical branches. It does, however, offer favorable terms of cooperation at consistently competitive rates with professional round-the-clock support. The company's services are used by more than 8.1 million customers globally.

Pros/Cons

•It has official licenses for banking, dealer, and brokerage activities from reputable US regulators.

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•There is an opportunity to invest in diversified portfolios for passive profit.

•The company works only with US tax-paying residents.

•On the broker's website, there is no training on trading in various financial markets, nor is there a Forex glossary of terms.

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•There is a time-consuming procedure for opening an account, which in some cases takes up to two weeks.

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