3 Top valued stocks in January 2020
In the highly globalized world, companies strive to maximize their profits and try to enlarge their business. In this article, you will get to know three companies that have the highest valued stock price in the market.
The first company of which we will talk about is Berkshire Hathaway Inc., with a market value of $554.23 billion. The price of one share in Berkshire Hathaway Inc. is $340,185, which makes it the most valuable company in the world. The company provides insurance, finance, railway transport, utilities, food, and non-food products. It is known for its permanent owner, Warren Buffet, an American investor and entrepreneur. Berkshire Hathaway Inc.’s affiliated companies include GEICO providing care insurance, General Re (reinsurance), Berkshire Hathaway Primary Group, Berkshire Hathaway Reinsurance Group, BNSF, which is railroad transport, Berkshire Hathaway Energy (for electricity) and McLane Company from wholesale commerce. The secret behind the success and being the top-ranked company in the world is the variety of services and products that Berkshire Hathaway Inc. provides to its customers.
Another company of which we will talk about is Lindt & Sprungli AG, with a market value of $20.41 bln and price per share of $88,000. The industry in which the company operates is confectionery; it is a Swiss chocolate company specialized in chocolate production. The company owns a chain of branded cafes and chocolate shops, amounting to 410 all around the world. Back in 1836, when the company just started its operations, it began with the name “David Sprungli & Son” candy store, which grew as what is now famous for Lindt and Sprungli AG. In 1988 it purchased Rudolf Lindt’s chocolate factory, and the new name of the company became Aktiengesellschaft Vereinigte Berner und Züricher Chocoladefabriken Lindt & Sprüngli. After six years, they made another purchase and bought the Austrian confectionery, Hofbauer. There were other factories and confectioneries which the company acquired later, and with every investment decision, their market value got higher. As of now, Lindt has its factories in Germany, Switzerland, France, Italy, and the U.S.
The third company which we will talk about is Seaboard Corporation, with a market value of $4.85 billion and a price per share of $4,160. Some significant businesses of Seaboard Corporations include Seaboard Foods and Seaboards Marine. Seaboards Foods concentrates on the production of premium pork products and is a leading pork producer and processor in the territory of the U.S. Seaboard Marine is providing shipping services between the U.S, the Carribean, as well as Central and Southern Americas.
The stock market is very volatile, and that is why investors take into consideration various factors before investing in particular assets. Overall, as we have seen, the top highest valued companies in the world have earned this position by continually enhancing their scope of business, including more target groups, and investing in other companies to enlarge their business. Berkshire Hathaway involves various services and product lines to meet their clients’ needs, Lindt has historically evolved by acquiring new chocolate factories and going worldwide, Seaboard Corporations has become one of the leading producers and processors especially in the U.S. territory. What these three companies have in common is they all aim to go global and target new customers.