10 of the Highest Stock Prices in History

The stock price doesn't always indicate a company's quality. However, looking at the highest stock prices can be worthwhile both for investors and those interested in the stock market's history. From chocolate candy makers to mining companies, the list of stocks that have reached such high share prices is diverse. Here are 10 of the highest stock prices in history.

Key Takeaways

  • The Class A shares of Berkshire Hathaway command the top position, with an impressive stock price of over half a million dollars.
  • Swiss chocolatier Chocoladefabriken Lindt & Sprüngli AG holds steady in second place with its six-figure stock price of CHF 123,433.
  • Internet phenomena such as Amazon and Google make the list, with stock prices soaring in the thousands.

Stock Price vs. Market Capitalization

Before we look at the highest stock prices, let's touch on the difference between stock prices and market capitalization. While equating a soaring stock price with a thriving business is tempting, that's not the reality. A company may not have a lot of shares outstanding, meaning its overall value isn't as high as you might think.

Market capitalization, calculated by multiplying the stock price by the total number of outstanding shares, provides a better measure of a company's total value in the eyes of investors. Therefore, as you see the stock prices below, keep in mind that an entity's value is not reflected just by its stock price but by the number of shares issued.

1. Berkshire Hathaway Inc. ($634,440)

Berkshire Hathaway is the holding company of billionaire investor Warren Buffett. Berkshire Hathaway A shares (BRK.A) reached a closing high of $634,440 on March 28, 2024. Its intraday trading high is $647,309 on Feb. 26, 2024.

Notable companies under the Berkshire umbrella include GEICO Auto Insurance and Helzberg Diamonds. Berkshire is also a major shareholder of Apple (AAPL), Bank of America (BAC), and Coca-Cola (KO).

For those interested in investing in Berkshire, the company's B shares (BRK.B) are much more affordable, closing at $420.52 on March 28, 2024.

2. Chocoladefabriken Lindt & Sprüngli AG (CHF 123,433)

Chocoladefabriken Lindt & Spruengli AG (LISN) is a Swiss chocolatier established in the 1800s. Most famous for its Lindt Gold Bunny, truffles, and smooth chocolate-filled chocolates, it has expanded well beyond its European borders.

Its brands include well-known Russell Stover, Lindt, and Ghirardelli. The company employs over 14,000 people and had sales of more than CHF 5.2 billion in 2023.

On Dec. 30, 2021, the company's stock closed at an all-time high of CHF 123,433 (about $136,733 in U.S. dollars as of March 28, 2024). On March 28, 2024, the stock closed at CHF 108,800.

Can't afford to buy a single share of any of these stocks? Consider investing in mutual funds. A single mutual fund share gives you exposure to multiple stocks at once at a cheaper price.

3. NVR Inc. ($8,099.96)

NVR (NVR) is a homebuilder whose businesses include Ryan Homes, NVHomes, and Heartland Homes. It builds, markets, and sells housing, and offers mortgages and title insurance in the U.S.

NVR closed at an all-time high of $8,099.96 on March 28, 2024. The pandemic just a few years before took a toll on the company, cutting its share price by more than half in March 2020. However, it recovered most of those losses within a few months.

4. Seaboard Corporation ($4,650)

Seaboard (SEB) is a multinational agriculture and transportation firm. The company's primary focus is on pork production and ocean transport.

Seaboard Foods, one of the company's major businesses, is among the largest grain and other agricultural goods producers in the U.S. Its marine division provides shipping services to the Caribbean and Central and South America. Seaboard has milling facilities and sells grain products worldwide. The company is best known by consumers for its significant stake in Butterball Turkey.

On April 18, 2019, the company's stock price closed at a record high of $4,650 per share. As of March 28, 2024, the company trades at $3,223.92.

5. Amazon.com ($3,515.29)

Amazon (AMZN) was already hitting its stride before the pandemic. Its stock had an initial pullback during the 2020 bear market. However, it soon became clear that Amazon would benefit as consumers shifted their shopping online.

The company's stock reached a closing high of $3,515.29 in November 2021. The company split its stock in 2022 and as of March 28, 2024, trades at $180.34.

Amazon founder Jeff Bezos is the third-wealthiest person in the world as of March 28, 2024, with a net worth of roughly $203 billion.

6. Booking Holdings Inc. ($3,840.22)

Booking Holdings (BKNG) owns the travel reservation sites Booking.com and Priceline, two of the biggest players in the online travel industry. In addition, it also owns OpenTable, the restaurant reservation company. The company closed at an all-time high of $3,840.22 on Feb. 8, 2024. The stock was trading at $3,627.88 as of March 28, 2024.

7. Alphabet Inc. ($2,960.92)

Technology giant Alphabet (GOOGL), best known for its Google search engine, reached a closing high of $2,960.92 in October 2021. The company's shares have since split, and the stock closed at $150.93 on March 28, 2024.

Google generates revenue through advertising, publishing tools, and the Android operating system. The continued adoption of advertising, which accounts for 80% of Google's revenue (notably its AdSense and AdWords platforms), drives revenue growth.

The company is part of the global super apps and FAMGA club. Google has products and services in education, GPS navigation, global business mapping, web conferencing, cloud storage, email communication, and autonomous transportation.

8. AutoZone, Inc. ($3,239.32)

AutoZone (AZO) sells aftermarket auto parts, such as brakes, batteries, engine oil, headlights, and drivetrains. The company's share price has been steadily increasing since 2021, reaching a closing high of $3,239.32 on March 22, 2024. The stock trades at $3,151.65 as of March 28, 2024.

9. Texas Pacific Land Corporation ($2,715.06)

Texas Pacific Land Corporation (TPL) is one of the largest landowners in Texas. It has two main business segments: Land and Resource Management and Water Services and Operations.

Starting in 1871 with a federal charter and a mandate to build a railroad from Texas to California, the company now earns most of its income through oil and gas royalties, land leases, and investments.

The company closed at an all-time high of $2,715.06 on Nov. 7, 2022. It has since fallen from that high, closing at $579.07 on March 28, 2024.

10. Chipotle Mexican Grill ($2,973.50)

Chipotle (CMG) is known for its fast-casual Mexican restaurants worldwide, which serve a variety of burritos, tacos, and other food. The company's stock has been steadily increasing, reaching a high of $2,973.50 during intraday trading on March 26, 2024.

How Much Does the Share Price Matter?

The price of each share in a company is determined by the supply and demand for that company's stock in the market. The number of shares you own isn't as important as the total value of your investment. Buying 10 shares of a lower-priced stock versus one share of a higher-priced stock doesn't necessarily make a difference in the overall investment value.

What matters more is the percentage change in the share price.

For example, whether a $20 stock increases by $2 (10%) or a $200 stock increases by $20 (10%), the increase in value is the same if you invested the same amount of money in both. However, owning more company shares at a lower price could offer more flexibility when selling a portion of your holdings without having to sell an entire share. But with many brokerages now offering fractional shares, this has become less important.

What Was Apple’s Highest Stock Price Ever?

Apple's highest stock closing price was $197.86 on Dec. 14, 2023.

How Do I Find a Stock’s All-Time High and All-Time Low?

Stock tracking and financial websites like TradingView provide historical data for most stocks. Some allow users to submit queries for specific price ranges, maximums, and minimums.

The Bottom Line

The record-breaking prices of the top 10 stocks of all time underscore not only the remarkable growth of these companies but also signal broader economic trends. Such valuations reflect robust business models and market power, but often also the happenstance that some companies allowed their shares to rise very high before splitting their stocks.

For investors, these historic prices highlight the importance of long-term value creation, market timing, and the potential rewards of investing in companies with solid fundamentals and visionary leadership. However, some are cautionary, having dropped from their highs, pointing to the need for diversification and thorough research when investing.

Owning shares in the top 10 highest-priced stocks comes with a notable drawback: less flexibility in trading. The steep price tags on these shares can limit trading opportunities, though, with most brokers allowing sales of fractional shares, such worries are not as necessary as in the past.

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Article Sources
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  2. U.S. Securities and Exchange Commission. "Form 13F."

  3. Chocoladefabriken Lindt & Spruengli AG. "Lindt & Sprüngli Once Again Reports Double-Digit Organic Growth."

  4. Yahoo! Finance. "NVR, Inc. (NVR)."

  5. Seaboard Corporation. "About Seaboard."

  6. TradingView. "Seaboard Corporation (SEB)."

  7. TradingView. "Amazon.com (AMZN)."

  8. Bloomberg. "Bloomberg Billionaires Index."

  9. TradingView. "Booking Holdings Inc. (BKNG)."

  10. TradingView. "Alphabet Inc. (GOOGL)."

  11. U.S. Securities and Exchange Commission. "Form 10-K."

  12. TradingView. "AutoZone, Inc. (AZO)."

  13. Texas Pacific Land Corporation. "Home."

  14. Texas Pacific Land Corporation. "A Legacy of American History."

  15. TradingView. "Texas Pacific Land Corporation (TPL)."

  16. Yahoo! Finance. "Chipotle Mexican Grill, Inc. (CMG)."

  17. TradingView. "Apple Inc. (AAPL)."

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