10 Most Expensive NYSE Stocks

# 1 Berkshire Hathaway
Berkshire Hathaway is the most expensive NYSE stock and is traded at $ 10000. Berkshire Hathaway is a conglomerate holding company that has its headquarters in Omaha, Nebraska, US. It has several subsidiaries and Berkshire Hathaway manages all the subsidiaries. It has investments in several sectors including insurance, textiles, and utilities.

# 2 Wells Fargo & Company
Wells Fargo & Company is the second most expensive NYSE stock with the stock trading at $ 916. Wells Fargo & Company is a financial services company in diversified fields and has its operations spread around the world. Wells Fargo is the fourth largest bank in US in terms of assets.

# 3 Bank of America Corporation
Bank of America Corporation is a holding company and is the third most expensive NYSE stock with a current price of $ 916.00. The corporation has financial and non-financial subsidiaries through which it conducts banking, investment and wealth management. This stock is traded on a daily basis with a average volume of 5500 shares.

# 4 Heinz H J Co
Heinz H J Co commonly known across the world as Heinz is the fourth most expensive NYSE stock with a trading price of $831.00 per share. The company’s brand name Heinz is known for its 57 varieties slogan and also for its ketchup. The American food company has its headquarters in Pittsburgh, Pennsylvania.

# 5 NVR Inc
NVR Inc is based out of Washington DC is the fifth most expensive NYSE stock and it is traded at $730. NVR Inc., as a corporate entity does provide support function to several of its sub-entities. These supports include essential structural and human resource support and also provide with advanced information technology support.

# 6 Washington Post Company
The Washington Post Company is an American media and education company that is the sixth most expensive NYSE stock and is traded at $ 454 per share. The company owns several media and publishing subsidiaries including Washington Post and education business including Kaplan Inc. The companies leading business in publishing is Washington Post and this newspaper has grown into an international newspaper with patronage across the globe.

# 7 Bristol Myers Squibb Co Bristol Myers Squibb is often referred to, as BMS in the pharmaceutical industry is the seventh most expensive NYSE stock that is traded at a value of $ 440. The stock is widely held and is traded in good volume in the New York Stock Exchange. The company was founded in the year 1887 by William McLaren Bristol and John Ripley Myers and was located in Clinton, New York.

# 8 Pitney Bowes Inc.

Pitney Bowes Inc, a software and hardware service provider is the eighth most expensive NYSE stock and is traded at $ 418. This company is based out of Stamford, Connecticut is hardware and a software manufacturer and does provide services that are related to packaging, documents, shipping and mailing.
# 9 Markel Corporation

Markel Corporation is the ninth most expensive NYSE stock trading at $ 347.00 is an insurance holding company. The company went for its Initial Public Offer in the year 1986 and the stock was not split after that. The share price of the stock was $ 8.33 in 1986 had risen to $ 475 in the year 2007 and is currently traded at $ 347.

# 10 White Mountains Insurance Group Limited
White Mountains Insurance Group Limited also referred to as White Mountains is the tenth most expensive NYSE stock traded at $ 329. The Company is engaged in Property business, casualty insurance business and reinsurance business through its subsidiaries and also affiliates.

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10 Most Expensive NYSE Stocks
# 10 White Mountains Insurance Group Limited

the tenth most expensive NYSE stock is White Mountains Insurance Group Limited also referred to as White Mountains is traded at $ 329. The Company is engaged in Property business, casualty insurance business and reinsurance business through its subsidiaries and also affiliates. The Company has its registered office in Hamilton, Bermuda and its principal executive office being located at Hanover, New Hampshire. This company is a holding company and has business interest in property and insurance. The company operates in four segments like OneBeacon, White Mountains Re, Esurance and Other Operations.

The company’s One Beacon group does own a family of different United States based casualty primary insurance and property companies and all these companies operate across the nation. This company is listed in the New York Stock Exchange separately and White Mountains owns 75 percent of shares of One Beacon. They operate across the nation and own property across the nation and are major casualty insurance company in the United States. White Mountain reinsures the primary insurance that is being done by One Beacon.

The other subsidiary of White Mountains is White Mountains Re and this company is one of the reinsurance companies that offer reinsurance to international insurance companies. They reinsure properties, auto and machinery insurance schemes of many international insurance companies. They work with companies in Europe, Asia Pacific region and South American region. This company is a 100 percent owned by White Mountains and has the backing of financial strength of White Mountains Insurance Group.

Esurance is the other subsidiary company of White Mountains Insurance Group and has two segments Esurance Holdings Inc and Esurance. This division primary business is to provide auto insurance that is directly marketed to the customers. This service is provided across the nation and can also be availed through the Internet. White Mountains Insurance Group reinsures all the insurance policies of Esurance.

The fourth segment of White Mountain Insurance Group is White Mountain Advisors. This company along with its intermediate holding companies manages assets worth more than $ 26 billion. This company manages its assets across the nation and also in some international locations. The financial strength of White Mountains makes it the tenth most expensive NYSE stock.

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10 Most Expensive NYSE Stocks
# 2 Wells Fargo & Company

Wells Fargo & Company is the second most expensive NYSE stock most expensive NYSE stock with the stock trading at $ 916. Wells Fargo & Company is a financial services company in diversified fields and has its operations spread around the world. Wells Fargo is the fourth largest bank in US in terms of assets. Wells Fargo is the third largest bank in US in terms of market cap. It is also the second largest company in terms of deposits in US, home mortgage and in debit card service. In the year 2007 Wells Fargo was the only bank within United States has been rated as AAA by Standards & Poor. This rating has been reduced to AA- in the year 2008 due to financial crisis across the globe.

Wells Fargo Bank has its headquarters in San Francisco, California. Wells Fargo was a result due to acquisition of California based Wells Fargo & Co by Northwest Corporation that is located in Minneapolis in the year 1998. The company had retained the name of Wells Fargo that had a history of about 150 years and was nationally recognized. The Wells Fargo name and the stagecoach trademark will be recognized across the nation. Wells Fargo has around 6650 branches that were providing retail-banking service to its customer’s worldwide. The bank has around 12,200 automated teller machines and employs 276,000 with around 48 million retail and corporate customers’ worldwide.

Wells Fargo does offers financial services to 80 different business lines and segments it into three categories; they are Retail Banking, Consumer Finance and Wholesale banking. The community banking services does include retail banking; wealth management and other diversified financial products to its customers. Wells Fargo has about 9400 stand-alone mortgage branches across the nation. Other than this it also has wholesale mortgage lending branches that lend through independent mortgage brokers. Consumer finance is also a big money spinner for Wells Fargo and contributes to the bottom line of the company. The bank offers online banking and mobile banking platforms to its customers and makes banking more easily. The financial strength of the company makes it the second most expensive NYSE stock.

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10 Most Expensive NYSE Stocks
# 6 Washington Post Company

The Washington Post Company is an American media and education company that is the sixth most expensive NYSE stock most expensive NYSE stockand is traded at $ 454 per share. The company owns several media and publishing subsidiaries including Washington Post and education business including Kaplan Inc. The companies leading business in publishing is Washington Post and this newspaper has grown into an international newspaper with patronage across the globe. The company’s education flagship company Kaplan Inc is a leading international education provider and also provide services to schools, individuals and businesses.

The company also owns the online publishing company Wahingtonpost Newsweek Interactive. This subsidiary company has several products like washingtonpost.com, slate.com, newsweek.com, budget travel.com and spring.com. These online services offer several services and news to customers across the globe. The company owns Cable One, a cable TV and Internet service provider in the western, mid-western and southern states of the nation. The company also owns Courseadvisor, which provides online lead generation for different products and services.

The company had printed their first newspaper of Washington Post in the year 1877. The company was incorporated as a stock company in the District of Columbia in the year 1889 and remained as a District of Columbia corporation till the year 2003 after which it was changed to Delaware Corporation. The company made its first Initial Public Offer in the year 1971 and the company has expanded drastically after becoming a public limited company. Kaplan inc, the company’s education initiative is the world’s largest educational service provider. The educational services company focuses on four areas such as professional training, higher education, after school tutoring programs and test preparations and is provided across the US. This division with revenue of $2.3 billion in 2008; is the largest revenue earner for Washington Post.

The Company’s Newspaper and magazine entities primarily cater to the Washington and Virginia states and the Gazette caters to the Maryland state. The company owns about four weekly magazines that address to every aspect of life and travel. The broadcasting division of the company caters to about 15 states providing local news and events within the state and also has rights to telecast national television channels. The company with diversified media interest makes it the sixth most expensive NYSE stock.

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10 Most Expensive NYSE Stocks
# 8 Pitney Bowes Inc.

Tthe eighth most expensive NYSE stock Pitney Bowes Inc, a software and hardware service provider is traded at $ 418. This company is based out of Stamford, Connecticut is hardware and a software manufacturer and does provide services that are related to packaging, documents, shipping and mailing. These four services are collectively known as mailstream and do provide an integrated service to its customers. The company employs around 36,000 people across the globe and it is one of the 87 companies that have been member of S&P 500 since its inception in the year 1957. The company has four other major centers in the US in Danbury and Shelton in Connecticut, Troy in New York, and Lanham in Maryland.

Arthur Pitney the founder of the company started the company’s operations in Stamford in the year 1917. The increase in volume of mail during 1919 made it essential to have a metered mail. At this point of time Arthur had met Bowes and the merged his company with that of Bowes and started to manufacture a machine that had combined the double locking counter with wrapping postage payment, postmarking and cancellation. It was approved by the United States Post Office in August 1920. In the years 1922 and 1923 the company had sold nearly around 400 machines across the nation and also shipped internationally. The company had slowly increased the production and the sales had increased multi-fold.

The company got listed in New York Stock Exchange in the year 1950 and in the same year National Urban League recognized the company for providing job opportunity for African American. The company had been in the Fortune 500 list in the year 1962 and was in S&P 500 from the year 1957. During the year 1980 the company had offered copy machines and facsimile machines and had entered into the Japanese market. In the year 1990 the company had innovated into digital technologies and barcode printer. In the next five years the company had introduced new products as they had been making lots of research and manufacturing new products that will make the system more easy and simple. This has made the company get recognition in this field and their financial strength had made it the eighth most expensive NYSE stock.

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10 Most Expensive Stocks
# 5 NVR Inc

NVR Inc is based out of Washington DC is the fifth most expensive NYSE stocks and it is traded at $730. NVR Inc., as a corporate entity does provide support function to several of its sub-entities. These supports include essential structural and human resource support and also provide with advanced information technology support. NVR Inc. operates in mortgage banking and homebuilding. The company does its homebuilding business through its sub entities NVHomes, Ryan Homes and Fox Ridge Homes. These sub entities build homes across the nation. The mortgage operations are done with the trade NVR Mortgage and they provide variety of financing options to their customers. The company does their settlement and title services for the buyers are provided by NVR Settlement Services. The NVR Inc Homebuilding operations do serve eleven states in about eighteen metropolitan area that includes Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, New York, North Carolina, Ohio, South Carolina and Tennessee. The company started this operation in the year 1948 after the Second World War to provide affordable housing to its customers. The economy had just started to grow by then and soon reached to build about 200,000 homes across different states. The company builds home that suit the style of different customers from first time buyers to move up buyers.

The company through its sub-entity NVHomes had developed good reputation of constructing quality homes that has lasting value. NVHomes offer great designs and their architectural designs are one of the best in the industry. They provide the best amenities in every home they construct and ensure that the interior of the home is well suited to the customer. The exterior of the homes have certain unique designs that show that it has been constructed by NVHomes. This division of NVR Inc. operates primarily in the Baltimore metro area and in Washington DC. The other sub-entity of NVR Inc, Fox Ridge Homes is the biggest homebuilder in Nashville. This division provides homes for first-time homebuyers and move up market in Nashville. The NVR Mortgage has sixteen branches where NVR has homebuilding business and they serve primarily to NVR homebuyers. This homebuilding and mortgage company has build great faith and trust with buyers and this has made it the fifth most expensive NYSE stock.

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10 Most Expensive NYSE Stocks
# 9 Markel Corporation

Markel Corporation is the ninth most expensive NYSE stock most expensive NYSE stocktrading at $ 347.00 is an insurance holding company. The company went for its Initial Public Offer in the year 1986 and the stock was not split after that. The share price of the stock was $ 8.33 in 1986 had risen to $ 475 in the year 2007 and is currently traded at $ 347. The book value per share was $ 4.66 in the year 1987 and had increased to $ 265 in the year 2007. The company had started its operations during the year 1926 by its founder Samuel A. Markel. It had acquired lots of regional insurance companies and has grown into a leading insurance corporation.

Markel Corporation started its operations in Norfolk, Virginia and during the year 1920 the city had passed a law mandating that jitney buses must be insured. Unable to find any backing from large insurance companies this company had started a mutual insurance company in association with the jitney owners and named it as Mutual Casualty Association and it moved its headquarters to Richmond, Virginia. This company in the year 1926 had transformed into a stock company and named it American Fidelity & Casualty Company. This company had started insuring truck carriers and was the leading insurer in the country for trucks and buses. The company’s CEO had assisted the Federal and the State authorities to pass the National Motor Carrier Act 1935 to regulate the truckers and buses. Markel Corporation had expanded to Canada in the year 1951 and been the reinsurance company for several regional insurance companies. During 1980’s the company had moved beyond the truck and bus insurance and had started to insure properties. The company went for its first IPO during 1987 with a valuation of $ 15 million. The company had acquired Shand Morahan & Company and also American Underwriting Managers who were specializing in motorcycle and personal boat insurance. In 1989, the company had acquired Rhulen Agency that was specializing in children’s summer camps and youth organizations. During the 90’s the company had acquired another three companies that had been specializing in specific areas to become one of the leading insurance company in United States and this has made it the ninth most expensive NYSE stock.

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10 Most Expensive NYSE Stocks
# 4 Heinz H J Co

Heinz H J Co commonly known across the world as Heinz is the fourth most expensive NYSE stockmost expensive NYSE stock with a trading price of $831.00 per share. The company’s brand name Heinz is known for its 57 varieties slogan and also for its ketchup. The American food company has its headquarters in Pittsburgh, Pennsylvania. The company manufactures thousands of food products but is more famous for their ketchup. This food product that is manufactured is sold across 200 countries in the world. The company is ranked first in the ketchup brand in United States with a market share of more than 50 percent. The other product of frozen potato sold under the label Ore-Ida has more than 50 percent market share in the frozen potato market.

Heinz is a household name in many countries and the company claims that in about 150 products their brand is either number one or number two across the world. The company’s ketchup and sauces contribute to about 24 percent of the sales frozen foods contribute to around 15 percent, pasta, beans and soups contribute to about 14 percent, Infant food and pet products contribute to about 12 percent each. Geographically, North America contribute to around 56 percent of sales, Europe contribute to around 26 percent, Asia Pacific region contribute around 11 percent and 7 percent sales happens in rest of the world.

The company has factories across the globe in Australia, United Kingdom, Netherlands, Canada and United States. In certain other countries like India and Philippines, the company has acquired a local food manufacturing company and utilizing their facility to manufacture their products. The company is famous for different products in different nations like for in Australia they are best known for the tinned baked beans that is soaked in tomato sauce. Canned pasta is famous in Canada and they have a huge sauce manufacturing unit in this country. Their research team based in US often studies the food pattern that is being consumed and the changing trends that are happening across the globe. They tend to change the flavor according to the needs and demands and offer to the customer. Having a global presence in the food industry makes it the fourth most expensive NYSE stock traded.

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10 Most Expensive NYSE Stocks
# 3 Bank of America Corporation

Bank of America Corporation is a holding company and is the third most expensive NYSE stock with a current price of $ 916. The corporation has financial and non-financial subsidiaries through which it conducts banking, investment and wealth management. This stock is traded on a daily basis with a average volume of 5500 shares. This corporation is the largest bank holding company and is the second largest banking company in terms of market capitalization. The banking subsidiary serves most of the Fortune 500 companies in the US and also has relationship with about 83 percent of Fortune Global 500 companies. It is one of the Big four banks in the United States.

 Bank of America Corporation through its banking subsidy Bank of America has presence nationwide and across 40 countries. They have about 6100 banking services centers and about approx. 18700 Automated Teller Machines that serve to several millions of customers worldwide. The banking division has call centers that is spread across the nation and provide online and mobile banking facilities to their customers.

The Global consumer and Small Business Banking are the largest division of the corporation and they deal with consumer banking and credit cards. By acquiring MBNA and FleetBoston it has significant presence in retail banking and helped to expand in size and in the range of services offered to the customers. It was directly competing with JPMorgan Chase and Citigroup. Bank of America has a presence in Global ATM Alliance and in joint venture with other international banks it provides check card facilities to its customers.

Bank of America Global Investment and wealth management division manages assets of several institutions and individuals. The organization is one among top ten largest US wealth managers. The acquisition of Merrill Lynch in 2008 and Countrywide Financial Corporation in 2009 has helped it build more clients. The focus on US investment banking business will make it move to the top five investment banks worldwide. Bank of America has presence in emerging markets like India and Brazil and also in Hong Kong, Shanghai and in Mumbai. The stock is traded actively in the NYSE and is the third most expensive NYSE stocks.

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