Most Expensive Stock on NYSE
The Most Expensive Stock on NYSE, as it turns out, is actually Apple (AAPL). This might seem like an unusual combination. After all, Apple makes the most money in the sector and that only makes sense. If someone were to list the most expensive stock on NYSE, then surely that person would choose one of the blue chip companies in the sector – right?3
It seems like common sense, but the truth is that some companies are given a listing by some respected professional analysts who make their income from stock market speculation. That’s just the nature of the business. The blue chip or more appropriately, the premium or more correctly, the premium stocks on the New York Stock Exchange (NYSE) are the stocks that are believed to be the best long-term investments.
Now, the list of companies mentioned earlier was composed of companies that are well known and trusted by experts. The fact that these are the stocks being recommended by professionals, that raises questions as to how reliable the information really is. For the most part however, the information on the lists are legitimate – although this is certainly not guaranteed. There are hundreds of stock recommendations out there and it’s up to the investor to weed out the ones that are bogus or simply too good to be true.
What Makes the Most Expensive Stock on the NYSE Worth it?
So what makes a stock – a blue chip or a non-blue chip stock – one of the most expensive to own? Simply put, it’s the price. Blue chip companies have been around for a long time, and are recognized and loved by most investors. The NYSE has historically made a profit from the buying and selling of these stocks on a regular basis.
So where does this leave someone who wants to invest in shares on the NYSE? Being an investor on the NYSE means you must pay higher fees than someone who chooses to buy shares on the AMEX. Also, because the NYSE tracks all of the stocks listed on its own system, not every share will pay the same prices. This means that you need to be extremely familiar with the trading system in order to get good results.
If you’re looking to buy a stock on the NYSE, don’t be afraid of the most expensive stock on the list. Instead, focus on finding the right stock – the one that’s trading at a good price with high liquidity. Then, check the AMEX and see if the prices are listed there. That’s where the real money is to be made! Keep in mind, it’s easy to find the most expensive stock on the NYSE, but if you choose the wrong one, it could end up costing you a lot more than just a few dollars.