3 stocks for high rollers only

You need at least a grand to buy a single share in any one of these companies

By InvestorPlace Nov 20, 2013 12:18PM

Money © image100/SuperStockBy Dan Burrows


Usually when we debate whether a stock is expensive or cheap, we're referring to its valuation, or how much you're paying per share for future earnings.


Of course, sometimes the actual nominal price of a stock can come into play.


Most companies keep shares at more manageable levels for retail investors by splitting the stock when the face price gets too rich. But other companies just don't bother, the most famous example being the A class shares of Berkshire Hathaway (BRK.A), which go for $174,300 because Warren Buffett has never split the stock. The B class shares (BRK.B) -- which are essentially the same for investing purposes -- cost just $116.


High prices by face value help keep out day traders and bots alike. Punters can't really swing a line on a $2,000 stock that does only a few hundred shares in volume every day.


But you do need to be a high roller to take any kind of sizable position in these stocks, since you can't buy a single share for less than a grand.


Excluding Berkshire Hathaway, here are the only three U.S. stocks that go for at least $1,000 a pop:



11/19 Price: $1,030
Market Cap: $344 billion
YTD Performance: +46 percent


In a little more than 10 years since its IPO, Google (GOOG) has gone from $85 to more than $1,000 today, good for a gain of nearly 900 percent -- but it been a bumpy ride.


GOOG shares broke above $700 before the last market crash, which wiped out more than 50 percent of their value. Indeed, in November 2008 you could have picked up Google for about $260 -- if you'd had the guts.


Today, GOOG is at all-time highs, rising 46 percent so far in 2013. Again, that's on light volume, with an average of fewer than 10,000 shares changing hands a day.


Google sports a forward P/E of less than 20, and a long-term growth rate of 16 percent -- or about half the projected growth rate it carried before the last market crash.



11/19 Price: $1,157
Market Cap: $59.5 billion
YTD Performance: +87 percent


It's hard to believe Priceline.com (PCLN) is one of the most expensive stocks by face value. After all, the online travel company was a classic example of the dot .com boom-and-bust.


Shares went for more than $900 at one point in 1999. A year later they were below $10. But PCLN didn't die, and after squeaking through the rest of the decade, went on a tear in 2010 and didn't look back.


The stock is up 84 percent for the year-to-date -- on relatively tiny volume, of course. An average of fewer than 8,000 PCLN shares change hands every day.


Priceline has a forward P/E of 22, but then, earnings are forecast to grow at an average pace of almost 20 percent a year for the next five years or so.



11/19 Price: $2,680
Market Cap: $3.2 billion
YTD Performance: +6 percent


Even though you probably don't know Seaboard (SEB), you almost certainly know its most famous product: Butterball turkey. But Butterball is just a small part of Seaboard, whose businesses include an eclectic mix of pork production, container shipping on the high seas, and electric power plants in the Dominican Republic.


SEB shares are up just 8.2 percent so far this year to lag the S&P 500, and they're also more volatile than the broader market. Furthermore, with a price of nearly $3,000 a pop, average daily volume comes to just 391.


Only one analyst follows SEB, according to Thomson Reuters, and he didn't submit estimates, so Seaboard has no forward price-to-earnings ratio (P/E). On a trailing basis, the stock fetches a multiple of 16, and its price-to-sales ratio is 0.5.


As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.


More from Top Stocks

Nov 20, 2013 7:37PM
if you want to buy a ticket at low price go direct with airline.today is cheaper to own or rent servers so every airline has online ticket sales and you get better prices going direct.Also an airline like  Lufthansa has a revenue of  more than $25 billion same as American and priceline revenue is only 6 billion its equal to what a small south American airline sells in a year.sooner or later smart customers will realize that best prices are direct with airlines and priceline revenue will start going down
Nov 21, 2013 11:54AM
JP. MORGAN CHASE  settles for $  13 billion on mortgage fraud case !   7 billion is deductible as a tax write off = SCREW THE PEOPLE ! WE ARE ABOVE THE LAW !
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.


StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

123 rated 1
266 rated 2
485 rated 3
660 rated 4
586 rated 5
652 rated 6
640 rated 7
504 rated 8
289 rated 9
159 rated 10

Top Picks

TAT&T Inc9



Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.