The Largest Companies by Market Cap in 2024 The Motley Fool

Chipotle has also invested heavily in online and mobile sales and has built an impressive loyalty program membership of more than 30 million customers. Chipotle sells burritos, tacos, burrito bowls, quesadillas and beverages, and its brand is focused on high-quality ingredients, competitive prices, convenience and speed of dunn bob enterprises inc murray service. AutoZone is an auto parts and accessories retailer that operates more than 6,500 stores in the U.S., Mexico and Brazil. The company has a growing commercial customer base, but it still derives about 70% of its U.S. sales from do-it-yourself shoppers. Headquartered in Raleigh, NC, the company was founded in 1898 as the Bank of Smithfield.

Kia and Hyundai recall over 200,000 electric vehicles at risk of losing power mid-drive

Here are a few of the other most expensive stocks on the U.S. market. The main difference between Berkshire Hathaway’s Class A and Class B shares, aside from their price, is that the Class B shares don’t have as much voting power as the Class A shares. That being said, you’d have to own a very large amount of Berkshire Hathaway stock to have your voting power make much of a difference.

1. Nvidia’s revenue from its data center business for the quarter ended Oct. 31, up 112% from a year ago.
2. The share price for different stocks can vary depending on how each company is performing and what’s going on in the economy.
3. MercadoLibre is an Argentinian company that operates a large e-commerce marketplace.
4. Berkshire’s Class B shares are reasonably priced at just $308 per share, but its Class A stock price is approaching half a million dollars per share.

Apple reported on Thursday that revenue missed Wall Street expectations in the company’s fiscal fourth quarter, a result of supply chain constraints. CEO Tim Cook told CNBC’s Josh Lipton the revenue shortfall is estimated at $6 billion, but he expects worse supply chain issues in the December quarter. In 2023, the company’s CEO, Satya Nadella, made a multi-billion dollar investment in AI, including commercializing and adding AI tools like ChatGPT into its suite of products before rivals. The NBA recently renewed its uniform and apparel deal with Nike for more money and has added partners in several new categories, including Kendall-Jackson wine and Skims shapewear. And the NBA is growing even faster internationally than it is domestically. The chipmaker last month posted yet another blockbuster quarter, noting a 262% increase in revenue and a 462% increase in profits year-over-year.

Nvidia’s revenue from its data center business for the quarter ended Oct. 31, up 112% from a year ago. By comparison, revenue growth for all the companies in the S&P 500 is expected to be about 5.5% for the latest quarter, according to FactSet. Nvidia’s revenue from its data center business for the quarter ended Oct. 31, up 112% from a year ago. The Jensen Huang-led company’s dethroning of Microsoft comes as Wall Street’s most prominent tech companies battle for the coveted top spot.

The chipmaker’s stock has been on a tear for the last year and a half. If you’re sure you want to invest in individual stocks, you can look into brokers that offer fractional shares of BRK.A. Fractional shares are portions of stock, so if you can’t afford the price of a whole share, you can buy a fraction of one. Keep in mind, not every broker that allows fractional share trading will offer fractional shares of BRK.A. In the case of Berkshire Hathaway, the company has a long history of posting impressive returns. In fact, BRK.A has only finished the year down six times since 1990 — and Buffett is one of the most famous investors of all time.

Saudi Arabian Oil, also known as Saudi Aramco, is an energy and chemicals company. Owned by the Saudi Arabian government, it has the largest daily oil production and the second-largest proven crude oil reserves of all oil companies. Perhaps the most surprising thing from history is that the previous most valuable stocks outperformed the S&P 500 for the next five years after they reached the top. Booking Holdings is an online travel provider operating primarily in the U.S. and Europe.

Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. Nvidia is the leader of the tech behemoth Magnificent Seven stocks that have driven much of the stock market’s returns since the artificial intelligence frenzy overtook Wall Street last year. The company’s stock is up roughly 174% for the year and was the S&P 500 index’s best performer in 2023. Nvidia earlier this month what is the best trading strategy to earn a living joined the tech giants in becoming the only US companies to cross a $3 trillion market cap.

Companies 6-10

And demand is largely influenced by how investors feel about that company, and their perceptions are influenced by a variety of factors. Dr. Robert Johnson, a chartered financial analyst (CFA) and professor of finance at Creighton University, says a company’s stock price should essentially be irrelevant to investors. It’s important for investors to understand that stock splits don’t inherently create any value for investors. In the case of the hypothetical stock split described above, the company’s market cap would be $1 billion both before and after the stock split. White Mountains Insurance is a diversified insurance and financial services holding company that owns and manages Day trading in a bear market a number of different businesses.

How can you invest in expensive stocks?

You can find a company’s market cap by multiplying the number of outstanding stock shares by the company’s share price. For example, if a company’s share price is $100, and it has 10 million shares, its market cap is $1 billion. At the time of this writing, Berkshire Hathaway’s market cap was over $881 billion. The market capitalization shows how much a company is worth based on the value of its outstanding shares. So while you’ll use a company’s stock price to determine its market capitalization, the market cap doesn’t affect the stock price.

Calculating Price-to-Earnings Ratio (P/E) and What It Means

Now that its stock is the world’s most valuable (based on market cap), many investors likely are wondering if they should sell or continue holding. Some who are on the sidelines might even wonder if it’s too late to buy. Just because a stock is expensive doesn’t automatically make it a good buy. A high-priced stock is only worth it if the price is low compared to its earnings, assets and growth potential. But even then, you may be better served by looking for other ways to gain exposure to that stock. First Citizens is a bank holding company and one of the largest banks in the U.S.