The Most Expensive Stock
Is It Worth the Money?
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Today we’re going to discuss the most expensive stock on the stock market.
But we’ll also cover the rest of the top five most expensive stocks.
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And we’ll ask the question, “In a market full of various metrics, how should we define ‘expensive.'”
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The Most Expensive Stock is…
Berkshire Hathaway’s stock price is currently sitting around $350,000 per share.
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Why is Berkshire Hathaway’s Price So High?
As most companies grow, they decide to split their stocks. Each one stock worth $10 becomes two stocks worth $5 each.
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And because Berkshire has never split their stock’s A shares, they are the most expensive stock on the market.
Berkshire Hathaway A shares were worth $7.50 each in 1962.
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Berkshire Hathaway is a holding company. Put another way; it’s a company made up of other companies.
What Does Berkshire Hathaway Do?
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GEICO
Berkshire wholly owns companies like:
Duracell
Fruit of the Loom
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