"This rarity stems from companies' preference for keeping shares affordable to encourage broad investor participation through regular stock splits. While most opt for this strategy, outliers like Berkshire Hathaway ( )( ) have resisted, maintaining its Class A shares at nearly $750,000 each - the priciest on the market. High prices signal strong historical performance but don't guarantee future gains."
"Year to date, BKNG stock has surged 45%, handily outpacing the S&P 500 's 16% gain. The company's resilience really shone after the pandemic. In the second quarter, revenue climbed 16% year-over-year to $6.8 billion, driven by a 13% increase in gross bookings to $46.7 billion. Adjusted earnings rose 32% to $55.40 per share, reflecting efficient cost controls amid rising demand for experiential travel."
Only 16 U.S.-listed stocks trade above $1,000 per share because most companies use stock splits to keep shares affordable and encourage broad investor participation. Berkshire Hathaway keeps Class A shares near $750,000 by resisting splits. High share prices reflect strong historical performance but do not guarantee future returns. Some high-priced stocks can still be attractive investments. Booking Holdings trades near $5,550 per share and holds about 40% of the online travel-booking market. Year-to-date, BKNG rose 45%. In the second quarter, revenue increased 16% to $6.8 billion, adjusted earnings rose 32% to $55.40 per share, and free cash flow grew 32% to $3.1 billion, funding buybacks and AI investments.
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