When addressing the stock market, the word "expensive" has a varying meaning. Stock prices are often used by investors to gauge the value of an investment by comparing it to its profits or sales.
Some people, on the other hand, are attracted to the stock of a company solely because of the quoted price. A stock's price may not accurately reflect the worth of a business, despite the fact that it's hard to imagine how a piece of paper could be so valuable.
But still, there are a number of stocks that stand well above the rest, at least in terms of their value. So here are the 6 most expensive shares globally.
6 Most Expensive Stocks Globally
1. Berkshire Hathaway
It goes without saying that Berkshire Hathaway Inc.'s stock is the most expensive in the world. Berkshire Hathaway also owns 100% of Fruit of the Loom, GEICO, Helzberg Diamonds, Lubrizol, Dairy Queen, and BNSF in addition to FlightSafety International and NetJets.
Apple, American Express, Coca-Cola, and Wells Fargo are among the blue-chip businesses in which the company holds substantial minority holdings.
Company vice-chairman Munger and company chairman and CEO Buffett are well-known for their abilities to exercise power and lead. With Berkshire Hathaway, he started off investing in public firms with a long-term perspective; more recently, however, Buffett has acquired more comprehensive enterprises.
The market price of the Share as of 29 October: $4,35,733.92
2. Lindt & Sprüngli
Lindt & Sprüngli AG, a Swiss confectioner and chocolatier founded in 1845, is often known to as "Lindt." Besides chocolate bars and truffles, the company's confections are well-known across the food and beverage industries.
It was 1994 when Lindt purchased Hofbauer sterreich in Austria, 1997 when it bought Caffarel in Italy, and 1998 when it bought Ghirardelli in the United States, all of which are well-known chocolatiers today. Lindt has six production sites throughout Europe and the United Kingdom.
In addition to Ghirardelli's factory in California's San Leandro, Caffarel also owns one in Italy. Australia is home to eight Lindt chocolate cafés, with four in Sydney and eight in Melbourne. About 410 of Lindt's stores and cafés throughout the world are owned by the business.
Most of the items on the menu at this café are desserts or contain some kind of chocolate. Macaron, ice cream, pastries, and other delicious delights are all made by hand in Lindt chocolate cafés.
The market price of the Share as of 29 October: $11,825.20
3. Next Plc.
The Enderby, Leicestershire-based company Next sells footwear, clothing, and household products. In the United Kingdom and Ireland alone, there are 500 shops operating, with a further 200 scattered throughout continental Europe, the Middle East, and Asia.
Next surpassed Marks & Spencer as the biggest clothing store in the UK in sales in 2012. Another venture of the business is Next Sourcing, which specializes in own-brand goods, as well as Lipsy, which creates and distributes its own branded women's fashion products online, wholesale, and retail.
For the year 2017, Next Plc had revenues of £4.1 billion ($5.6 billion) and profit before tax of £790 million ($1.09 billion).
The market price of the Share as of 29 October 2021: $7,960
4. Seaboard Corporation
Seaboard Corporation is a multibillion-dollar agriculture and transportation corporation. The company's main activities in the United States include the production and processing of pork as well as marine transportation.
In 2017, Seaboard Corporation had revenues of $5.81 billion, making it a Fortune 500 company. Pork farming and processing, as well as transporting products by ship and ocean, are among the company's primary operations.
Besides commodities retailing and grain processing, Seaboard is also involved in sugar production and power generation throughout the world. The business has thirty freight ships. Nearly 23,000 people work at Seaboard Corp. in Merriam, Kansas.
The market price of the Share as of 29 October 2021: $3,850.02
Amazon is a U.S.-based online store that offers a wide range of goods and services. An estimated 900 billion dollars in market value makes it one of the world's most valuable companies today.
It is possible for anybody with access to the internet to use Amazon's website like an online shop to sell whatever they want. Consequently, selling a variety of commodities has become the company's main business activity.
The company's popularity increased as a consequence of its high-quality products, affordable prices, prompt delivery, and wide range of options. Bezos started Amazon in his Bellevue, Washington, garage on July 5, 1994, with the help of Marc Lore.
In the beginning, it was a book-selling website, but today it offers a wide range of products such as electronic devices and software as well as video games, fashion, furniture, and gastronomy. It's no secret that in 2015, Amazon outperformed Walmart in terms of market capitalization.
The market price of the Share as of 29 October 2021: $3,372.43
6. NVR Inc.
NVR, Inc. is a company that specializes in residential construction. In addition, it has a mortgage banking business and a title services division to provide customers with financial services.
Most of the company's sales are to customers on the East Coast of the United States. NVR Incorporated was formerly known as Ryan Homes when it was founded in 1940. So far, the company has constructed more than 3.65 lakh houses throughout the country.
About 365,000 houses have been constructed by the company in the United States. NVR Inc.'s current chief executive officer is Paul C. Saville. There were $6.30 billion in sales and a net profit of $537 million in 2017.
Some of the company's brands include Ryan Homes, NVHomes, and Heartland Homes. Land development is something the company generally avoids; instead, it buys ready-to-build land lots to lower its risk. The business ranks fourth in the country for home building companies based on the number of houses it built in 2019.
The market price of the Share as of 29 October 2021: $4,881.10
In spite of the fact that a high share price may have resulted from prior substantial growth, it is not necessarily a reliable indication of whether or not a company is worth investing in for the future. Therefore, you need to make prudent investment decisions by carefully analyzing the stock and its market potential.