When you are in the stock business, you must be so informative. Every small information can keep you ahead and ensure even ultimate profit!
I guess you have the thrust to know what is the most expensive stock. And yes, you should know it. Then how can you get this answer? Don’t worry, you will get a detailed answer here.
This is solely designed with brief information of the most expensive stock and share price.
Let’s start digging.
The Most Expensive Stock:
A common question may knock in your head “What is the most expensive stock?”
Well, Berkshire Hathaway is considered as the most expensive stock of all the time. It contains the shares which are the highest priced of any other companies in the United State.
Actually, Berkshire Hathaway is considered the largest company in the U.S. There are a number of large companies in the whole world and Berkshire Hathaway is one of them.
Berkshire Hathaway consistently ranks in the top ten though the market value. Originally, it was a fabric or textile company.
Then Warren Buffett bought this company and now it is used by him as the holding company for the investments.
Why is it so expensive?
Berkshire Hathaway class A stock is so expensive. The reason behind this is, it was not decided by the company to split the stock.
Warren Buffett, the CEO as well as the chairman of Berkshire Hathaway took the decision not to split the stock.
In a biography, Warren Buffett said, “I don’t want anybody buying Berkshire thinking that they can make a lot of money fast.”
He also added, “They’re not going to do it, in the first place. And some of them will blame themselves, and some of them will blame me.”
“They’ll all be disappointed. I don’t want disappointed people”, he continued.
Because of that decision, the price has increased each share in consort with the vast growth of that holding company for the past few years.
As a result, now it is known as the publicly most expensive trading stock all over the world.
The most exclusive share price:
The shares of Berkshire Hathaway hit a record of $347,400 per each share in the early days of 2020.
But on March 23, 2020, because of the coronavirus, the market price dropped to $240,000.
The expensive price of the share in the market is not actually a good point as well as it never denotes any kind of evaluation of value.
Over the decades, Berkshire Hathaway is known as the well-run as well as a solid company. The returns of it have satisfied the long-standing investors.
But, in the case of most specific investors, the class of A share is not practical at all as they are not able to carry that expensive price.
Berkshire Hathaway also has another class of share which is B share and recently, the price was over $162 per share.
You’ve already come to know about the most expensive stock all over the world.
Now, you also know the reason for the stock Berkshire Hathaway, being so expensive.
Well, Berkshire Hathaway is the most expensive stock of all time. There are also other stocks but they are not as expensive as Berkshire Hathaway.
I hope you have got your answer with the help of this article. If there is any further question you want to ask, please do.
I will try my best to answer all of your questions.
John has been writing on financial topics from the beginning of his career in finance. He spent nearly five years as an emerging markets analyst in The USA and has written on a wide range of finance related topics.
- Investment professional with 8-year track record of delivering high-impact financial communications solutions
- Skill set includes financial writing, equity research, institutional marketing, and content strategy
- Experienced in developing custom content and thought leadership pieces to support business objectives while promoting brand awareness
- John earned his bachelor in science degree and master’s in business administration. He holds a CFA charter.