Some papers have such a high value., that private investors rarely trade them, but often asked: when will split (splitting up)?
Why stocks are expensive
And the split may not be. A company can maintain a high share price, when management does not want to, so that retail investors traded securities and the volatility of quotations was increased.
But the modern stock market world, as known, does not stand still. And the young American retail broker Robinhood (HOOD) already offers its clients the opportunity to trade fractional lots of shares. There is no such option on St. Petersburg Exchange yet, but practice shows, that for many Russian investors, even high prices do not become an obstacle.
Tesla Shares, Leader of St. Petersburg Exchange in terms of turnover, actively claim to, to enter the list of the most expensive papers - apparently, it would have happened by now, if it weren't for the paper splitting 4/1 last August.
TOP-10 most expensive stocks on St. Petersburg
Prices are indicated at the time of writing. Prices are indicated at the time of writing.
MercadoLibre (MELI) — $1285
The company is an Argentine analogue Amazon, works in Latin America. Among the business areas is a platform for selling goods, payment platform for online sales, advertising and financial segment.
The consensus forecast of industry analysts on Refinitiv data is $2091,2 (+63% from current levels).
Mettler-Toledo International (MTD) — $1541
The company manufactures equipment: scales, X-ray machines, instruments and laboratory supplies. Mettler-Toledo is the largest supplier of weighing instruments for laboratories, production, retail.
The consensus forecast of industry analysts on Refinitiv data is $1498,1 (-2% from current levels).
Shopify (SHOP) — $1556
Cloud Multichannel Commerce Platform Takes 63 line in the list of the largest companies in the world by capitalization. Shopify offers online stores a set of services: payment tools, marketing, delivery and customer interaction.
The consensus forecast of industry analysts on Refinitiv data is $1675,7 (+7% from current levels).
Chipotle Mexican Grill (CMG) — $1708
One of the first fast food chains, specializes in tacos and burritos. The company owns 2900 restaurants in the USA, Canada, Uk, France and Germany.
The consensus forecast of industry analysts on Refinitiv data is $2003,7 (+17% from current levels).
Cable One (CABO) — $1850
Telecommunication company, which provides high-speed Internet, cable TV and telephone communication 730 thousand. customers in 19 U.S. States.
The consensus forecast of industry analysts on Refinitiv data is $2084,3 (+13% from current levels).
AutoZone (AZO) — $1864
The largest retailer of used car parts and accessories in the UNITED STATES.
The consensus forecast of industry analysts on Refinitiv data is $1826,7 (-3% from current levels).
Booking Holdings (BKNG) — $2335
Booking Holdings (formerly Priceline Group) provides online travel booking services and related services. The company operates more than in 220 countries around the world.
The consensus forecast of industry analysts on Refinitiv data is $2707,7 (16% from current levels).
Alphabet Inc. (GOOG) — $2933
Alphabet is known to everyone as the owner of the search engine Google and is in the top 5 largest companies in the world by capitalization. The company sells online advertising in the USA, Europe, in the Middle East, in Africa, Asia and the Pacific, Canada and Latin America. Second class of shares, comparable in cost, traded under the ticker googl.
The consensus forecast of industry analysts on Refinitiv data is $3269,4 (+12% from current levels).
Amazon.com (AMZN) — $3575
Amazon is a holding company, first of all, international e-commerce site. Also in the top 5 largest companies in the world by capitalization. And often rises to the leaders in terms of turnover at the auctions of St. Petersburg Exchange.
The consensus forecast of industry analysts on Refinitiv data is $4068,4 (+14% from current levels).
NVR, Inc. (NVR) — $5320
In the first place among the most expensive shares of St. Petersburg Exchange is an American construction company. NVR builds and sells houses, and also deals with mortgage lending. One of the top five construction companies in the United States and is the leading in the industry.
The consensus forecast of industry analysts on Refinitiv data is $5962,5 (+12% from current levels).
It is worth noting, that even the most expensive stocks on THE SPB can become even more expensive - consensus gives them significant growth potential.
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