Stocks remain one of the most popular financial instruments in the world: they are easy to understand, profitable, and novice-friendly. Most beginners look for the cheapest stocks to buy since such financial tools allow you to practice trading without investing too much. However, sometimes you want to find a couple of expensive options. In this Traders Union article, we’re going to explain how stocks work and tell you about the top 5 most valuable stocks in the world right now.
How stocks work
Basically, many corporations are divided into tiny parts that can be owned separately. These parts are called shares. Stocks (also known as equities) are securities that represent your ownership of several shares of a certain company. Any stock gives you the right to a proportion of assets and profits of that company.
Stocks are mostly traded on stock exchanges, and they are widely considered a vital part of just about any investment portfolio. Stocks can be pretty cheap (especially when a company’s property is divided into many shares) or very expensive, and you should choose between these options wisely. Let’s take a look at the top 5 most expensive stock options in the world.
1. Seaboard Corporation
Seaboard is an international agricultural and transportation company that engages in many operations across several industries. In the US, it’s mostly known for pork production and ocean transportation. It boasts a market cap of $4.47 billion, and each share costs about $3,850.
2. NVR, Inc.
NVR, Inc. is an American company in the home construction industry. Founded in 1980, it entered the New York Stock Exchange (NYSE) in 1998 after going through its initial public offering. Each of these stocks cost about $5,165 right now, and it’s the second most valuable stock on the US market.
3. NEXT
NEXT is the largest British clothing retailer with more than 700 stores across the world. Founded back in 1864, it has a market cap of $10.74 billion right now. Each of its shares costs about $6,825.
4. Lindt and Sprüngli AG
Founded in 1845, this Swiss chocolatier and confectionary company has 12 factories and a number of retail stores all across the world. Each of its shares costs about $10,525, and its market cap is $25.88 billion.
5. Berkshire Hathaway Inc.
Berkshire Hathaway is a multinational holding company. Its chairman and CEO is Warren Buffett, one of the most successful investors in the world. Each class A share of the company costs $469,200.