Is Google the most expensive stock right now?

Google stock is currently $609 per share, that is insane. A few questions: WHY is Google stock so high compared to Yahoo or AOL?


Why do people still continue to buy shares of Google at this price (it went from $580 to $609 in 2 days), can you actually profit from a stock that's already reached it's 52 week high?


I mean, how much higher can it go? I guess I'm just confused as to why people would invest massive volume into a stock that's already so expensive without waiting for the downturn to get in.

Is Google the most expensive stock right now?
The price of the stock by itself is meaningless. If Google were to undergo a 100 for 1 stock split the price would then be $6.09/share and there would be 100 times the amount of outstanding shares.





What's important is the market capitalization of the company (# of shares * price per share) and how does that compare to the value of the company either in terms of book value (Assets less debts) and/or future earnings potential.





I've had clients with closely held corporations that only have 100 shares and the company is worth $5 million. That's $50,000 per share.





Remember: Share price by itself tells you nothing. The one exception is penny stocks. If they are selling for under $1, chances are the company is crap, because they are going to be delisted from any major exchange for falling below this threshold.
Reply:You guys are all wrong actually!!! The most expensive stock of all is this one: OTC:ECSPQ





JK!!! It's really this one for over $8,000,000: BRDOW. Is that crazy or what?! Report It

Reply:Rather than answer your various questions %26amp; issues about Google, why don't you research Berkshire Hathaway stock.


Maybe you've heard of Warren Buffet?


Then your question should be, "Is Google another Bershire Hathaway in it's infancy?"
Reply:No.
Reply:John P has it right.


Warren buffet stocks tops google by hundreds of times