Most of us have heard the term “stock,” and for some, it might be confusing. When hearing it for the first time, I was wondering what stocks are, but as time passed by, I understood that “stock” means share. I understood that, for example, by buying shares of $50 today and if the price rose to $75 after a year, I would make $25 or precisely 50% of my investment funds.
By now you have an idea what stocks are so in this article I am going to present to you the top 3 highest priced stocks in the world.
1. Berkshire Hathaway
Berkshire Hathaway is one of the biggest companies in the world, and it consistently ranks in the top 10 by market value. Warren Buffet bought the company turning it into a holding company as it was a textile company. Among the many holdings are the BNFS Railroad, GEICO insurance company, and the Lubrizol chemical company.
The price of one share for Berkshire Hathaway is $253,500,80. Yes, exactly! Moreover, the value of the company by market capitalization is $470.7 billion.
2. Chocoladefabriken Lindt and Sprüngli AG (Lindt)
Lindt is a Swiss chocolate company, representing considerable authority in dessert shop and chocolate creation. It additionally claims a chain of marked stores and bistros – above 410 around the world. Because of the high estimation of its offers, Lindt takes the second spot on our rating. The organization was established in 1836 in Zurich.
Everything began with the “David Sprüngli and Son” candy store that developed after some time to one of the best companies on the planet. In 1988 it bought Rudolf Lindt’s chocolate manufacturing plant and was renamed to “Aktiengesellschaft Vereinigte Berner und Züricher Chocoladefabriken Lindt and Sprüngli”.
3. Next Plc
Next is British worldwide footwear, dress, and home items retailer located in Enderby, Leicestershire. It works around 700 stores, with 500 in the UK and Ireland, and around 200 in mainland Europe, the Middle East, and Asia. Next is the biggest dress retailer by sales in the UK overwhelming Marks and Spencer in 2012.
Furthermore, Next works in three principal channels: Next Retail, a chain of 550+ retail branches in the UK and Ireland, Next to International, with in excess of 180 global stores, and Next Directory, a home shopping inventory and site with more than 3,000,000 clients.
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Interesting related article: “What are Stocks?”