Wednesday, September 24, 2008

Seven Stocks Selling for Over $2000 a Share

If you think Warren Buffett's company is the only high priced share, you would be mistaken. Here are seven that sell for over $2,000 per share.

Berkshire Hathaway Inc. (BRK-A) sells for $131,000.00 per share. This is the famous company run by Warren Buffett. The stock has a PE of 18 .

Bactolac Pharmaceutical Inc. (BTCA.PK) sells for $30,000.00 per share. They are a a private-label contract manufacturer of vitamins and nutritional supplements. The stock has a PE of 8 .

Sterling Sugars, Inc. (STSU.PK) sells for $19,300.00 per share. The company is a Louisiana based processor of sugarcane, and producer of raw sugar and blackstrap molasses.

American Bank Holdings, Inc. (ABKH.OB) sells for $10,500.00 per share. They are a bank holding company based in Silver Spring, Maryland. The stock has a PE of 4 .

The Seibels Bruce Group (SBBG.PK) sells for $6,400.00 per share. The company is a South Carolina based property and casualty insurance company. The stock has a PE of 49 and pays a yield of 3.85% .

LICT Corporation (LICT.PK) sells for $4,365.00 per share. The company is a rural telecommunications company based in Rye, New York. The stock has a PE of 8 .

Eupa International Corporation (EUPI.PK) sells for $2,800.00 per share. The company provides support, product design, R&D and patent services to Tsann Kuen Enterprise Co., Ltd. a Chinese company.

For more high priced stocks, check out stocks that were selling between $100 and $200 per share.

Author does not own any of the above.

By Fred Fuld at Stockerblog.com

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