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.

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* Data in this article compiled from Yahoo! Finance