Have you ever wanted to be like Gordon Gekko? He said in the movie “Wall Street” that greed is good and he became rich in the process while investing and playing the stock market. While you are at it, you might as well play with the really expensive stocks. Just a slight movement in any direction of these stocks may make or break you.
Here now is a list of the top 10 most expensive stocks to own. Take note that these numbers are based on the figures at market’s close last January 30, 2013. These numbers, obviously, will change several times any given day. The rankings may also be affected because of this.
10. Biglari Holdings Inc. (BH) – $369.42
Biglari Holdings Inc. is an American holding company founded in April 2010 in San Antonio, Texas. It used to be known in the market as Steak n’ Shake, a restaurant chain that is still its subsidiary. It also owns Western Sizzlin’ as well as the Biglari Capital Corp. Analysts have been high on this stock, which they consider as the next big thing in Wall Street.
9. Apple, Inc. (AAPL) – $456.83
Everyone knows the story of Apple by now. Steve Jobs and Steve Wozniack founded it in 1976. It is the second largest information technology company in the world after Samsung and the third largest cellular phone maker after Samsung and Nokia. It is responsible for the iPod, the iPad, the iPhone and the MacBook line of notebooks. It earned revenues of almost $157 billion in 2012.
8. Markel Corp. (MKL) – $470.46
Markel Corp. is an insurance holding company based in Glen Allen in Virginia. From a small insurance agency founded in 1930, the company has grown to one with revenues amounting to $2.5 billion. It was established by Samuel A. Markel as Markel Service, with a primary task of providing direct insurance and reinsurance to American Fidelity & Casualty Co., or AF&C. AF&C had been providing insurance to motor freight carriers and had become the largest insurer of trucks and buses in the whole country. His older twin brothers Lewis and Irvin, as well as his younger twin brothers Stanley and Milton, later joined Markel to help run the company. It offered its shares to the public in 1986 for $8.33. It has never declared a stock split, yet, its stock price has risen to $470.46.
7. MasterCard Incorporated (MA) – $516.00
This is an American multinational services company founded in 1966 as the Interbank and Master Charge. It was created by a group of California banks to compete with the BankAmericard of Bank of America. The latter eventually became the Visa credit card. MasterCard’s global headquarters are in Purchase, New York. The company issues debit and credit cards to users who want to make a purchase. Using the card, the company then processes the payment procedure between the bank of the seller and the bank or credit union that issued the credit card.
6. Intuitive Surgical, Inc. (ISRG) – $573.00
Based in Sunnyvale, California, Intuitive Surgical Inc. was founded in 1995. It is engaged in the manufacture of robotic surgical systems, including the famed da Vinci Surgical System. This system enables the performance and completion of a surgical procedure from a remote location using only robotic manipulators. It has almost 1,300 systems installed all over the world. It also owns Computer Motion, a competitor that Intuitive Surgical, Inc. bought out in 2003.
5. Priceline.com Incorporated (PCLN) – $695.09
This is a publicly owned company based in Connecticut that was founded in 1997. It went online the following year. The website helps users get significant price cuts on airline tickets and hotel stays. Take note that it only facilitates these services and that the company does not own any of the airlines or hotels. It also owns other related sites like agoda.com, booking.com, traveljigsaw, active hotels and kayak. They are branded separately however because of demographic differences.
4. Google, Inc. (GOOG) – $753.83
Who does not know Google? It is a multinational corporation based in California that provides products and services related to the Internet. These include a search engine, cloud computing, software and advertising technologies. It also owns sites like YouTube and Blogger. The company has been experiencing a fast pace of growth since the time it was incorporated. It even has its own productivity software and mobile operating system.
3. NVR Inc. (NVR) – $1,040.86
NVR Inc. is a real estate company founded in Pittsburgh but now based in Virginia. It builds and sells new homes under the names of Ryan Homes, NVHomes, Rymarc Homes and Fox Ridge Homes. It also has a mortgage banking division with 16 branches that primarily serves buyers of its products. It also has a settlement services division.
2. Seaboard Corp. (SEB) – $2,639.72
This is a diversified conglomerate based in Kansas. It is involved in the agriculture and ocean transport business around the world. In the U.S., most of its investments are concentrated on the production and processing of pork products. Internationally, it has interests in cargo shipping, commodity merchandising, sugar production, citrus and flour milling. It is also in the energy business in the Dominican Republic.
1. Berkshire Hathaway A (BRK-A) – $145,505 per share
This is an American multinational conglomerate holding company headed by Warren Buffett. It owns businesses as diverse as confectionery, railroad, home furnishings, encyclopedias, vacuum cleaners, jewelries, newspaper publishing, uniforms and electric and gas utilities. Berkshire Hathaway is the eight largest publicly owned company in the world. It has large amounts of capital at its disposal while maintaining a minimal amount of debt. Book value has increased by 20.3 percent per year since 1944. In the 10-year period from 2000 to 2010, while the market fell by more than 11 percent, Berkshire Hathaway’s stock price rose by 76 percent. This is a great investment if ever there was one, and the price of its A shares reflect this. It does have a B share available for only $96.88 as of January 30, 2013.
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