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10 Highest Priced Stocks
With all the talk about Google Inc’s stock pushing upwards of the $600 mark, and no split in sight, there’s been scores of people asking the inevitable question, “Is Google the Highest Priced Stock in the US”? While Google is definitely up there in terms of price (it currently ranks #9 in the US markets) there are several stocks that far exceed Google in price per share. Of course, the eternal sage of investment philosophy, Warren Buffett (pictured at the left) tops the list with Berkshire Hathaway, Inc. but do Google co-founders Larry Page and Sergey Brin, their CEO Eric Schmidt and CFO George Reyes intend to topple Warren from his post with their technological marvel ? Here’s a roll call of the 10 most costly investments available through the US markets, their exchange, basic details, website address and their current price as of 10/20/2007.
#1 Berkshire Hathaway Inc. (NYSE:BRK-A) $127,100 @ share - Berkshire Hathaway, Inc. and it’s subsidiaries primarily engage in the insurance and reinsurance of property and casualty risks business.
http://www.berkshirehathaway.com/
#2 Mechanics Bank (OTC BB:MCHB.OB) $19,300 @ share - The Mechanics Bank and its subsidiaries provide community banking products and services to individuals and businesses in California.
http://www.mechbank.com/
#3 BERKSHIRE HATH HLD B (NYSE:BRK-B) $4324 @ share - A holding company formed by Berkshire Hathaway, whereas Warren Buffett is the major holder of BRK-A, The Gates (Bill and Melinda) Foundation is the major shareholder in BRK-B.
http://www.berkshirehathaway.com/
#4 Sunwest Bank (OTC BB:SWBC.OB) $2455 @ share - Sunwest Bank provides various commercial banking products and services to small and medium sized businesses and professionals in southern California.
http://www.sunwestbank.com/
#5 First National Bank Alaska (OTC BB:FBAK.OB) $2050 @ share - First National Bank Alaska operates as a commercial bank in Alaska. It engages in generating deposits and originating loans.
http://www.fnbalaska.com/
#6 Seaboard Corp. (AMEX:SEB) $1743 @ share - Seaboard Corporation operates in the food processing and ocean transportation industries in the United States and internationally.
http://www.seaboardcorp.com/
#7 Washington Post Co. (NYSE:WPO) $790 @ share - The Washington Post Company, together with its subsidiaries, operates as a diversified media and education company in the United States and internationally.
http://www.washpostco.com/
#8 First Citizens Bancorp., Inc. (OTC BB:FCBN.OB) $666 @ share - First Citizens Bancorporation, Inc. operates as the holding company for First Citizens Bank and Trust Company, Inc. and The Exchange Bank of South Carolina, Inc., which provides commercial and retail banking services.
http://www.fcbsc.com/
#9 Google Inc. (NasdaqGS:GOOG) $644 @ share - Google, Inc. provides targeted advertising and Internet search solutions worldwide. It offers intranet solutions via an enterprise search appliance.
http://www.google.com/
#10 CME Group, Inc. (NYSE:CME) $613 @ share - CME Group, Inc. operates as a diverse financial exchange. The company brings together buyers and sellers on the CME Globex electronic trading platform and on its trading floors.
http://www.cme.com/
There you have it, the 10 Highest Priced Stocks in the US Markets. Over the next few weeks, we’ll be dissecting these entities and analyzing the reason why these companies have such a enormous valuation. Obviously the banking and financial sectors are market leaders with only Google Inc. representative of the technology sector in this list. While most or all of these stocks are out of the reach of ordinary investors, one can only learn from the biggest and take watchful eye of the emergence of new entities in these lofty arenas hoping to catch onto the next Berkshire Hathaway or Google.
If you would like to discuss this article, please feel free to visit the forum thread created for it here
* Data in this article compiled from Yahoo! Finance
by work2bfree
Wonderful article you wrote. Do you mind telling me how you got that information out of Yahoo Finance ?
by C4G
Thanks for the compliments. To use Yahoo to get the data…
http://screen.yahoo.com/stocks.html
Under Share Data - select $100 for min Share Price and any for max Share Price and hit “find stocks” - once you get the preliminary results page, click the “Retail Price” link two times to order the stocks by highest value first.
by Nick
I found the story on Newsvine tonight and why wasn’t I the least bit suprised that Warren Buffett’s Berkshire Hathaway would be on this list.
didn’t realize it was that high per share tho.
by work2bfree
Thanks for the info, I wasn’t aware you could do searches on Yahoo and order them like that,
by Social News
I’m not only suprised to see the Washington Post on the list, i’m suprised to see the two California banks Sunwest and Mechanics on this list.
by C4G
The important part is that if you track these stocks performance over the last year or so, they do fairly well versus the rest of the indicies. The majority of them are quite stable and continue to rise regardless of other market making conditions and events.
by Sasha
The reason why those stocks are so high priced is because they are all long term quality investments except for Google. That dog shouldn’t even be on the list.
by Scott
Great article as always. Ive subscribes to the RSS feed
by Bazra
I think it’s unbelievable that Google is in the top 10 most expensive stocks. I think the market needs to make a correction on this junk stock and keep them out of the league with the Berkshire Hathaways and other real, proven companies on this list.
by Reboboth Beach Realtor
I’m totally impressed by the quality of information and articles found on this blog. Congratulations Dave, you’ve really managed to build a fantastic resource. Please keep up with more of your stock market posts and more on Warren Buffett
by Marcus
I can’t believe the prices of the stocks on this list. It looks like Google is going up again. Where and when will Google’s stock stop? I see so many disaster stories about Adsense on the internet and all the click-faud lawsuits. Aren’t the investors aware of where Google is taking profit is a ticking time bomb ?
by Mahavisunu
Warren Buffett is the man. I read that people put who put in half their life savings 30 years ago with Buffett are millionaires many times over today. I’m on the lookout for the next Berkshire Hathaway. If anybody has any tips, please share them.
by C4G
It will be interesting to do a follow-up to compare how these stocks have stood up against the rest of the indices and other stocks in today’s massive drop !!
by Gift Ideas
@Marcus - Looks like Google just leapfrogged a couple of the stocks on the top list !! My question is the same as yours. How long can Google keep gaining ground on pure speculation? Seems to me there’s something wrong in Silicon Valley and Google looks more like a ponzi scheme than a legit investment.
by Marcus
It’s amazing that when all the other stocks were taking hits this week, google managed to stay afloat and gained ground. I wouldn’t touch google stock with a ten foot pole.
by Google_Boy
A quick comparison. Since this article was released 10/20 Google has gone up almost double BRK-A so that makes GOOG the greatest stock of all time. I’m doubling up on my portfolio Monday with GOOG at 711.25 per share because GOOG will shoot past 800 to 900 before the end of the year !!!!!
All you idiots who are putting GOOG down need to get yer heads examined.
by Follow Up : 10 Highest Priced Stocks
[…] Following up on our October 20th post 10 Highest Priced Stocks, here’s a table of data showing the change in value of the stocks we listed. […]
by C4G
OK, since this post was so popular I’ll be tracking this group of stocks every two weeks from now until the end of the year. If you liked this post, you’ll definitely like todays post following up on the same group of stocks.
See here:
Follow Up : 10 Highest Priced Stocks
The data is quite impressive.
by Google_Boy
It told you Google was the greatest. If you look at your recent post, Google carried the rest of the top 10 into profit.
by C4G
No doubt Google brought up the average but the million dollar question is how long can Google continue to rise give the fact it’s moving on a purely speculative bubble. When it eventually bursts, there are going to be some seriously sorry investors.
by Gift Ideas
I can’t wait to see how your next two week update on thse stocks goes with all the losess on the market last week and the dismal look this week.
by Kenneth
Keep the bi-weekly updates coming. I subscribed to your RSS by email just to track how these stocks track agains the rest of the market.
by Gareth
when are you going to do the next update ?
by Social News
The next update on this post should be coming this week? Shouldn’t it ? I can’t wait to see how they’ve been performing in this crummy maket we’ve had.
by Ripped Off
I found this site because of your article on Reverse Funnel system and I have to say you have one of the best blogs I’ve ever read. You give alot of ideas to think about. I’ll have to subscribe to it.
by Forex Trader
Hey, I’m interested in seeing your next update on this group of stock picks. the article has been very intriguing so far.
by C4G
I’ve been a bit busy to do a follow-up on this topic but rest assured I’ll be follwing up in the next few days as soon as my current series on mortgage refinancing is completed.
by Proxy
Cool article man
by Rajeesh
When will be the follow up on this topic?
by Best Stocks Info
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by Ace
Google is definitely dropping like a rock since you wrote this article.