The most expensive stocks are in fact EXPENSIVE. And we are talking about thousands or hundreds of thousands dollars. But imagine for a second buying several of these stocks when they were trading at a reasonable price. You’d be very well off right now.
So, what are the most expensive stocks in America right now?
Berkshire Hathaway Inc. (BRK.A), NVR Inc. (NVR), Seaboard (SEB), Amazon.com Inc (AMZN), Alphabet Inc. (GOOG), and Booking Holding (BKNG), Cable One Inc (CABO), Chipotle Mexican Grill (CMG) make the top list. We will cover them in more details below. If you need help picking the best stocks to invest in, consider working with a local financial advisor.
What Is the Highest Stock Price Right Now?
Berkshire Hathaway Inc. (BRK.A) has the highest-priced stock of any U.S. company or any company in the world. Berkshire’ stock price is $418,566.80 as of September 24, 2021 and has a market capitalization of $657 billion.
However, an expensive or high priced stock does not necessarily mean it is the best stock to buy. In other words, stock price does not always correspond to the value of the stock.
A company’s market capitalization is a product of both its share price and the number of shares it issues. Investors analyze a stock value using fundamentals.
One of the best indicators of whether a stock has a good value is the PE ratio. The P/E ratio measures the price of the stock relative to the company’s earnings or profits, giving you a good sense of the stock’s value. So, the P/E ratio is very important in evaluating a stock.
Another indicator is a dividends. Dividends is money the company pays yearly or quarterly to its shareholders. Most US companies pay out dividends. But the ones that have consistently paid dividends, during good and tough time, are usually good ones.
So, the stock price alone does not tell the whole picture of a stock. But if you’re interested in the history of the stock market, looking at some of the highest stock prices can be educational.
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Most Expensive Stocks In America Right Now:
- Berkshire Hathaway Inc. (BRK.A)
- NVR Inc. (NVR)
- Seaboard (SEB)
- Amazon.com Inc (AMZN)
- Alphabet Inc. (GOOG)
- Booking Holding (BKNG)
- Cable One Inc (CABO
- Chipotle Mexican Grill (CMG)
Now let’s take a look at Berkshire Hathaway Inc stock, NVR Inc. stock, Amazon.com Inc. stock, Alphabet Inc stock, and Booking Holding stock in more detail.
Berkshire Hathaway Inc. (BRK.A) – 1st Most Expensive Stock
- Stock price: $418, 566.80 as of September 24, 2021
- Market capitalization: $657.679 billion
The first most expensive stock on our list is the Berkshire Hathaway Inc. At a price of $418,566.80 as of September 24, 2021, Berkshire Hathaway is the highest priced stock not only in America, but in the world.
Berkshire Hathaway Inc., according to the Forbes Global 2000, is the eighth largest companies in the world. It is headquartered in Omaha Nebraska. It is owned by the famous and renowned investor billionaire Warren Buffett.
At a stock price of $418,566.80 as of September 2021 and market capitalization of $657.679, the Berkshire stock is not only the most expensive stock, it is also the highest-priced.
The reason is because there has never been a stock split in its Class A shares. On May 7,2021, Berkshire hit an all-time high of $445,000 per share
In the beginning, Berkshire was a textile manufacturing company founded by Oliver Chace in 1839. The company was bought by Warren Buffett. It is now a holding company with many subsidiaries.
Among them are HomeServices of America, GEICO, Dairy Queen, BNSF, Fruit of the Loom, Duracell, Helzberg Diamonds and much more. The company’s class A shares is currently traded (as of September 24, 2021) at $418,566.80, making it the highest priced stock on the New York Stock Exchange.
If you don’t have that kind of money to invest in the A share, you can always buy Berkshire’s B shares. The B shares trade at a much lower price.
NVR, Inc. (NVR) – 2nd Most Expensive Stock
- Stock price: $4,952.96 as of September 24, 2021
- Market capitalization: $18.438 billion
The second most expensive stock on the list is the NVR Inc. According to NVRInc.com, it operates in the homebuilding and mortgage banking industry. It is headquartered in Reston, Virginia.
The company builds and sells single family homes, townhomes, and condominium buildings. NVR also provides mortgage related services to its customers, as well as brokers, and title insurance. Some of its subsidiaries include Fox Ridge Homes, NVR Mortgage, Ryan Homes, etc.
In mid 2021, NVR reached its record high of $5, 308.48 per share. Today, NVR trades at $4,954.26 (as of September 24, 2021), making it the second most expensive stock in America.
Seaboard (SEB) – 3rd Most Expensive Stock
- Stock price: $4,070.21 as of September 24, 2021.
- Market capitalization: $4.8 billion
Seabord is a Fortune 500 company and is a leader in agribusiness and transportation business. The company is based in Kansas City. It produces and sells pork products, alcohol, sugar, corn and other agricultural products and involves in maritime transportation. Seaboard Corporation is the 3rd most valuable in the world.
Amazon.com (AMZN) – 4th Most Expensive Stock
- Stock price: $3,425.52 as of September 24, 2021.
- Market capitalization: $1.62 trillion
The next most expensive stock behind NVR Inc, is Amazon.com (AMZN) at $3,425.52. Amazon.com, Inc is a leader in online retail. The company was founded by the billionaire Jeff Bezos as an online bookstore trading around $10 a share.
Now Amazon sells basically everything, trading at $3,425.52 and has made Jeff Bezos the wealthiest person in the world as of September 2021.
Jeff Bezos started Amazon.com in a garage in Seattle as an online bookstore. He started out selling books and has since selling everything you can think of. Amazon.com is the largest online retailer in the world. In 2020, the AMZN stock hit an all time high. That was due to the high demand for online shopping as the Covid-19 forced shoppers to stay home.
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Alphabet, Inc (GOOG) – 5th Most Expensive Stock
- Stock price: $2,852.66 as of September 24, 2021.
- Market capitalization:
Alphabet Inc (GOOG), best known as Google hit an all time record of $2,670.09 in mid-2021. The stock is currently trading at $2,852.66 (as of September 24,2021), making it the 5th most expensive stock right now.
Google is the world’s most popular and largest search engine. Forbes ranked it as second on the list of most valuable brands with a brand value of $207.5 billion.
Two Ph.D students, Larry Page and Sergey Brin founded Google as a search engine in 1998. The company was named Google Inc, but in 2015 it was renamed Alphabet Inc.
Alphabet Inc is a technology holding company. Among its subsidiaries are Google (its largest) and several of Google former subsidiaries including Fitbit, CapitalG, Sidewalk Labs, etc..
Most of Alphabet’s revenues comes from advertising from the search engine, YouTube, Google Play, Google Cloud, Chrome browser, etc.
Booking Holding (BKNG) – 6th Most Expensive Stock
- Stock price: $2,491.35 as of September 24, 2021.
- Market capitalization: $90.351 billion
The 5th most expensive stock on the list is the Booking Holdings (BKNG). With a market capitalization of $90.351 billion and a stock price of $2,491.35 as of September 24, 2021, BKNG is the 6th highest priced stock in America right now.
Booking Holdings is the world’s leader in online travel. Among the several websites Booking Holdings operate include Priceline.com, Booking.com, Agoda, OpenTable, Kayak, Rentalcars.com, etc..
Cable One Inc (CABO) – 7th Most Expensive Stock
- Stock price: $1,859.53 as of September 24, 2021.
- Market capitalization: $12.1 billion
Cable One, Inc is the 7th largest provider of cable services in the USA. They are a former subsidiary of Graham Holdings Company. The services it provides include cable television, telephone service and speed internet. It is headquartered in Arizona, Phoenix. Though, it does not service the Phoenix area.
Chipotle Mexican Grill (CMG)- 8th Most Expensive Stock
- Stock price: $1,937.22 as of September 24, 2021
- market capitalization: $52.0 billion
Last but not least, Chipotle Mexican Grill, known as just Chipotle, is among the top most expensive stocks. The company is a restaurant chain in the US, UK, Canada, Germany and France. In the US alone, Chipotle has 2.5 thousands restaurants. At a stock price of $1937.22 and a market capitalization of $52 billion, CMG is among the highest priced stock in America.
Most Expensive Stocks Recap
Warren Buffett’s Berkshire Hathaway (BRK.A) has always been considered the most expensive stock in the world. That is because the company has never completed a stock split. As of September 24, 2021, the stock was trading at $418,566.80. On May 7,2021, Berkshire hit an all-time high of $445,000 per share.
The next company behind it, in terms of the most expensive stock, is NVR (NVR) at $4,952.56 as of September 24, 2021. Then there is Seaboard (SEB) at $4,070.21; Amazon.com(AMZN), which was trading at $3,425.52, followed by Alphabet, Inc (GOOG) at $2,852.66, Booking Holding (BKNG) at $2,491.35, Cable One Inc (CABO) at $1,859.53 and Chipotle Mexican Grill at $1,937.32 respectively .
These stocks are probably out of reach for the average investor due to their high price. However, they are a good source to learn the history of the stock market.
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