This article looks at the 15 highest-priced stocks right now. We also discuss the market outlook 2025 and how tariffs could affect stocks.
2024 was a blockbuster year for the US markets, with the broad market index up 23.31% during the year, after rising 24.2% in the year prior. The two-year gain of 53% is the best performance for the index since the 66% rally between 1997 and 1998.
READ ALSO: 10 Best Single Digit Stocks To Buy Now and 12 Best S&P 500 Stocks to Invest in According to Analysts.
The market benefited from declining interest rates, waning inflation, and a resilient economy that avoided recession. While analysts have projected continued growth in 2025, they are also cautious about the rally having gone too far with a correction in the offing this year. Fears of fierce trade wars and geopolitical conflicts could also hurt the stock market.
Over the past few weeks, President Trump has announced and then delayed tariffs on Canada and Mexico, imposed additional 10% tariffs on Chinese goods, and warned the European Union of similar treatment, citing the bloc’s treatment of the U.S. The new administration’s protectionist policies have sparked concerns in the markets about which countries will be next on the American president’s list, leaving several large multinationals unsure of how to plan.
According to analysts at Goldman Sachs Research, index earnings could drop by 2-3% if the US goes ahead with its proposed tariffs. Financial markets have been turbulent amid ongoing tariff negotiations between Washington and its major trade partners. Here is what chief equity strategist, David Kostin, wrote in a recent report.
“If company managements decide to absorb the higher input costs, then profit margins would be squeezed. If companies pass along the higher costs to end customers, then sales volumes may suffer. Firms may try to push back on their suppliers and ask them to absorb part of the cost of the tariff through lower prices.”
Analysts at the investment banking firm have also warned that protectionist policies driving up the value of the U.S. Dollar could further pressure the earnings of several companies, especially those that derive a significant portion of their revenues outside the United States.
Time will tell whether the Trump administration implements the tariffs or reaches a compromise with its trade partners, and how the markets react if the export taxes are imposed. However, if past trends are anything to go by, the broad market index dropped by a total of 5% on days when the U.S., under Trump’s first stint as president, announced tariffs in 2018 and 2019. The index fell by a cumulative 7% when other countries imposed retaliatory tariffs.
With that said, let’s shift focus on some of the highest-priced stocks right now and what their outlook looks like for the year ahead.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
Methodology
We went through screeners to identify the highest-priced stocks as of the close of the day on Friday, February 14, 2025 and ranked them in ascending order of their share price.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
15 Highest-Priced Stocks Right Now
15. Mettler-Toledo International Inc. (NYSE:MTD)
Share Price on February 14: $1,271.91
Mettler-Toledo International Inc. (NYSE:MTD) manufactures and supplies precision instruments and services. The company has a direct presence in approximately 40 countries, while its products are sold in over 140 countries and territories.
On February 6, Mettler-Toledo International Inc. (NYSE:MTD) announced financial results for the fourth quarter of 2024. It reported sales of $1.045 billion for the quarter, up 12% from last year. Region-wise sales increased 6% in the Americas, 18% in Europe, and 15% in Asia and the rest of the world. Earnings before taxes were posted at $314.5 million, improving 35.2% year-over-year. Diluted EPS in the quarter was logged at $11.96, compared with $8.52 in the prior year.
A major standout from the Q4 results is the 61.2% gross margin, which increased by 220 basis points from last year, aided primarily by higher volume and positive price realization. Mettler-Toledo International Inc. (NYSE:MTD)’s pricing power is a vital driver of these strong gains as the company enjoys a dominant market position and serves a highly regulated customer base, for whom compliance and precision are non-negotiable.
Mettler-Toledo International Inc. (NYSE:MTD)’s ability to pass on price increases even during market downturns continues to be an advantage. For fiscal 2025, the company anticipates local currency sales growth to between 3% and 4.5%, while full-year adjusted EPS is expected to be in the range of $42.35 to $43. Free cash flow for fiscal 2025 is forecast to be around $860 million. The company also plans $875 million of share repurchases during the year.
Mettler-Toledo International Inc. (NYSE:MTD) is one of the highest-priced stocks right now, with its share price growing by 4% year-to-date. Wall Street analysts project a further 4.5% uptick, on average, in its trading value over the months ahead.
14. TransDigm Group Incorporated (NYSE:TDG)
Share Price on February 14: $1,314.19
TransDigm Group Incorporated (NYSE:TDG) is an American aerospace company that manufactures engineered aircraft components, such as avionics, pumps, and valves, for use on commercial and military aircraft. It is among the highest-priced stocks right now, with its share price rising by 103% over the last five years.
The company executed notable acquisitions in 2024, likely adding significant future revenue for TDG. On July 31, 2024, it completed the acquisition of Raptor Scientific, a leading provider of complex text and manufacturing solutions for the aerospace and defense markets. Nearly all of its revenue comes from proprietary products. The deal was valued at $655 million to be paid in cash and was inclusive of certain tax benefits.
Earlier in June, TransDigm Group Incorporated (NYSE:TDG) also acquired Communications & Power Industries’ Electron Device business for $1.385 billion in cash. It is a leading manufacturer and supplier of electronic components and subsystems for the aerospace and defense industry, with about 70% of its revenue generated from the aftermarket.
During its recent Q1 2025 earnings call on February 4, TransDigm Group Incorporated (NYSE:TDG) reported a net income of $493 million, growing 29% year-over-year, driven by a 12% increase in net sales from last year. Adjusted EPS stood at $7.83, up 9% from the prior year’s quarter.
Wall Street analysts are bullish on the stock, with a consensus Buy rating and an average share price upside potential of 9%. Investor sentiment also remains strong. According to Insider Monkey’s database for Q3 2024, 71 hedge funds held a stake in the company.
13. O’Reilly Automotive, Inc. (NASDAQ:ORLY)
Share Price on February 14: $1,318.80
O’Reilly Automotive, Inc. (NASDAQ:ORLY) is a retailer and supplier of auto parts, tools, equipment, and other accessories for professional and do-it-yourself customers. The company operates over 6,000 stores across the United States, Puerto Rico, and Mexico.
During its Q4 2024 earnings call on February 6, O’Reilly Automotive, Inc. (NASDAQ:ORLY) reported a 2.9% increase in comparable store sales and a 5.7% uptick in diluted earnings per share during the fiscal year. Despite challenges across the automotive aftermarket, the company delivered its 32nd successive year of growth in these metrics since going public.
Analysts believe consumers are favoring repairs over acquiring new vehicles due to higher borrowing costs and increasing prices of new vehicles. Moreover, the complex nature of modern vehicles is also bolstering demand for high-quality parts. These factors are setting O’Reilly Automotive, Inc. (NASDAQ:ORLY) in good shape for future growth.
The company’s share price has had returns of nearly 26% over the past 12 months, which has resulted in ORLY being one of the highest-priced stocks right now. On February 11, Roth MKM raised the stock’s price target to $1,440 from $1,337 and maintained its Buy rating amid solid guidance for FY25.
Investor sentiment remains strong as well. According to Insider Monkey’s database for Q3 2024, 41 hedge funds held a stake in the company. Qualivian Investment Partners stated the following regarding O’Reilly Automotive, Inc. (NASDAQ:ORLY) in its Q3 2024 investor letter:
ORLY is the leader in the automotive retail parts marketplace and has out-executed the competition, especially the smaller mom and pop auto parts stores that cater to the retail and auto mechanic shops in the US. Furthermore, the historical deployment of its excess cash to repurchase its shares continues to be a key linchpin of its ability to generate shareholder returns more than the market. While we are maintaining a watchful eye on slowing market trends, we continue to see ORLY as a long-term core holding in the fund.
12. Texas Pacific Land Corporation (NYSE:TPL)
Share Price on February 14: $1,372.40
Texas Pacific Land Corporation (NYSE:TPL) is one of the largest landowners in Texas, with approximately 900,000 acres of land in West Texas, much of it concentrated in the Permian Basin. The company generates most of its revenue from oil and gas royalties and water sales.
TPL has been actively increasing its acreage through strategic acquisitions. In October last year, it acquired 7,490 net royalty acres in the Midland Basin for $286 million. The acquired assets at the time of the deal completion had a per day production of around 1,300 barrels of oil equivalent. The acquisition is likely to further strengthen Texas Pacific Land Corporation (NYSE:TPL)’s cash flow and improve earnings.
Earlier in August, the company announced two acquisitions for surface acreage and oil and gas mineral interests in the Permian Basin for $169 million. The agreements are expected to boost Texas Pacific Land Corporation (NYSE:TPL)’s net revenue interest in oil and gas wells, and also enhance its revenue stream across water supplies.
The stock’s share price has surged by over 24% this year, resulting in TPL being one of the highest-priced stocks right now. The returns were driven by a strong performance in Q3 2024, which saw a 29% year-over-year increase in oil and gas royalty production and a 32% growth in water sales volume from last year. Texas Pacific Land Corporation (NYSE:TPL) also announced a 37% hike in its quarterly dividend.
According to Insider Monkey’s database for Q3 2024, 20 hedge funds held a stake in the company. Horizon Asset Management is the largest investor in the company, with holdings valued at over $3.98 billion as of December 31, 2024.
11. Coca-Cola Consolidated, Inc. (NASDAQ:COKE)
Share Price on February 14: $1,408.59
Coca-Cola Consolidated, Inc. (NASDAQ:COKE) manufactures, markets, and distributes non-alcoholic beverages, primarily Coca-Cola products in the United States. It also distributes products for other beverage companies, including Monster Energy Company and Keurig Dr Pepper Inc.
During the first nine months of fiscal 2024, Coca-Cola Consolidated, Inc. (NASDAQ:COKE) generated net sales of $5.2 billion, growing 2.6% from last year. The improvement was driven by volume growth in the Sparkling category and price actions taken during the start of the year. Gross profit for the period stood at $2.1 billion, improving 5% year-over-year. Net income was reported at $454.2 million, up from $332.5 million in the first nine months of 2023.
On August 20, Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced an increase in its quarterly dividend to $2.50 per share, up from $0.50 per share. The Board also approved a $1 billion share repurchase program, reflecting the company’s commitment to shareholder returns amid improving profitability and a strong balance sheet.
Coca-Cola Consolidated, Inc. (NASDAQ:COKE) is one of the highest-priced stocks right now, with its share price rising by 66% over the past 12 months, and year-to-date gains of nearly 12%. According to Insider Monkey’s database for Q3 2024, 24 hedge funds held a stake in the company. Renaissance Technologies was the largest investor in COKE, with holdings valued at over $56.7 million, as of December 31, 2024.
10. Fair Isaac Corporation (NYSE:FICO)
Share Price on February 14: $1,799.19
Fair Isaac Corporation (NYSE:FICO) is an applied analytics software company focused on using data science and predictive analytics to improve operational decisions. The company is known for its FICO score, which is widely used by financial institutions to evaluate consumer credit risk.
Fair Isaac Corporation (NYSE:FICO) serves various industries, offering fraud detection, risk management, and consulting services. It enjoys a dominant market share, with the FICO score used by approximately 90% of America’s top lenders. This enables the company to benefit from substantial pricing power and maintain steady earnings growth.
On February 4, Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced results for the first quarter of fiscal 2025. It reported revenues of $440 million, up 15% year-over-year. The Scores segment saw revenue growth of 23%, driven by higher unit prices and an increase in the volume of mortgage originations. Software revenues were also up 8% from last year, due to an uptick in recurring and license revenues.
Net income for the quarter stood at $152.5 million, compared to $121.1 million, in the prior year’s period. Non-GAAP earnings per share were posted at $5.79 versus $4.81 in Q1 2024. Net cash provided by operations also improved significantly from $122.1 million last year to $194.0 million in this year’s quarter.
Despite a 9% dip in its share price this year, Fair Isaac Corporation (NYSE:FICO) is one of the highest-priced stocks right now. Wall Street analysts anticipate a recovery, with an average share price upside potential of 16% for the company. Investor sentiment remains strong. According to Insider Monkey’s database for Q3 2024, 47 hedge funds held a stake in FICO, up from 42 at the end of the second quarter.
9. White Mountains Insurance Group, Ltd. (NYSE:WTM)
Share Price on February 14: $1,826.18
White Mountains Insurance Group, Ltd. (NYSE:WTM) is a Bermuda-domiciled financial services holding company that owns and manages a broad range of businesses, including insurers, brokerages, investment advisors, financial guarantors, and service companies. It is among the highest-priced stocks right now, with its share price rising by 7.5% over the last six months.
On February 7, the company reported mixed results for the fourth quarter of fiscal 2024, with adjusted book value per share down 3% during the quarter, driven by mark-to-market declines in White Mountains Insurance Group, Ltd. (NYSE:WTM)’s investment portfolio. However, for the full year, the value increased by 8% amid strength in the company’s operating businesses and positive returns in its investment portfolio.
It was an impressive quarter for the Ark/WM Outrigger segment, which produced a combined ratio of 77% and reported a 14% year-over-year increase in gross written premiums. HG Global also saw robust primary market volume, while it was another strong quarter for Bamboo, with significant improvements in managed premiums and adjusted EBITDA from last year. Despite a tough quarter for Kudu due to high interest rates and currency factors, the segment delivered solid results for the year, with its portfolio value crossing the $1 billion mark.
White Mountains Insurance Group, Ltd. (NYSE:WTM)’s undeployed capital stood at $700 million, which can be leveraged for strategic opportunities ahead. The company is optimistic for fiscal 2025 and is eyeing profitable growth with the rate environment moderating.
According to Insider Monkey’s database for Q3 2024, 18 hedge funds held a stake in White Mountains Insurance Group, Ltd. (NYSE:WTM), down slightly from 19 at the end of the second quarter. The London Company Small Cap Strategy stated the following regarding WTM in its Q3 2024 investor letter:
White Mountains Insurance Group, Ltd. (NYSE:WTM) – Shares of WTM underperformed the market during 3Q. The company generates much of its income from P&C insurance, and the stock tends to track growth in book value over time. Separately, WTM has a good track record of creating value via capital allocation (buying and selling businesses) decisions, so transactions like the sale of NSM Insurance Group and also movements in its underlying investments can meaningfully impact shares. We remain confident in management’s ability to deliver outsized growth in book value per share over time through prudent capital allocation.
8. Markel Group Inc. (NYSE:MKL)
Share Price on February 14: $1,868.01
Markel Group Inc. (NYSE:MKL) is a diverse holding company, comprising various businesses, including insurance, building supplies, houseplants, bakery equipment, and more. However, the insurance business sits at the core of the company.
The company has delivered shareholder returns of over 20,000% since its IPO in 1986, with a CAGR of 15%. The share price is up 30% since the beginning of 2023. The stock soared and surpassed the $2,000 mark for the first time this month after the company reported results for fiscal 2024 on February 5.
Net investment income increased 25% during the year. Insurance operations grew on the top and bottom lines and Markel Ventures delivered another strong year, with robust operating income. Despite a slight dip in share price in the days that followed, Markel Group Inc. (NYSE:MKL) is among the highest-priced stocks right now.
However, the management believes that the current share price does not fully reflect the intrinsic value of the company. In an update for shareholders this month, Markel Group Inc. (NYSE:MKL) stated that it would conduct a review of the business, to find ways to simplify the structure, optimize capital allocations, and maximize the value of the company. During this time, MKL will focus its capital deployment on the recently announced $2 billion share repurchase program.
According to Insider Monkey’s database for Q3 2024, 38 hedge funds held a stake in Markel Group Inc. (NYSE:MKL). Polar Capital is the largest investor in the company, with holdings valued at over $133 million, as of December 31, 2024.
7. MercadoLibre, Inc. (NASDAQ:MELI)
Share Price on February 14: $2,109.99
MercadoLibre, Inc. (NASDAQ:MELI) operates online marketplaces to facilitate auctions and e-commerce. Some of its main platforms include Mercado Libre Marketplace, Mercado Pago FinTech, Mercado Fondo (investments), Mercado Credito (loans), and Mercado Envios (logistics).
The company has a geographic presence in 18 countries, including dominant positions in Argentina, Brazil, and Mexico. Through its platforms, MercadoLibre, Inc. (NASDAQ:MELI) has fostered the development of a large e-commerce community in Latin America, a region with a population of over 660 million people and rapidly growing internet penetration.
In January, the Mexican government slapped 19% tariffs on low-cost imports from countries that do not have a free-trade agreement with Mexico, which includes China. This comes as a new hurdle for Asian retailers like Temu and Shein in their penetration of North America’s e-commerce market.
The measure comes amid heightened trade tensions between the United States and Mexico, with Trump in the past accusing the neighbor of being a backdoor for Chinese products. About 15% of MercadoLibre, Inc. (NASDAQ:MELI)’s goods sold in Mexico come from abroad, primarily China. While the company will be impacted by the tariffs, analysts believe the overall effect will be positive amid reduced competition from Asian retailers.
MercadoLibre, Inc. (NASDAQ:MELI)’s share price has surged 24% year-to-date, making it one of the highest-priced stocks right now. Wall Street analysts are bullish on the company’s future outlook and have a consensus Strong Buy rating for the stock. They also anticipate a further 8% uptick, on average, in MELI’s share price.
6. First Citizens BancShares, Inc. (NASDAQ:FCNCA)
Share Price on February 14: $2,141.49
First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a Fortune 500 financial institution, with over $200 billion in assets. Headquartered in Raleigh, North Carolina, it is the holding company of the First-Citizens Bank & Trust Company. The company offers an array of general banking, commercial banking, leasing, and other financial services.
FCNCA is one of the highest-priced stocks right now, with its share price having risen 43% over the past year. It continues to receive upward price targets from analysts and has an average upside potential of over 12% based on projections from 10 analysts. On January 27, Piper Sandler raised its price target for First Citizens BancShares, Inc. (NASDAQ:FCNCA) to $2,250 from $2,100, after strong fourth-quarter results.
During its Q4 2024 earnings call on January 24, the company reported deposit and loan growth across all business segments. Net income for the quarter was $700 million, improving 9.5% sequentially. Adjusted diluted earnings per share was logged at $45.10, beating expectations of $39.32 per share.
Credit remained stable, while First Citizens BancShares, Inc. (NASDAQ:FCNCA)’s solid liquidity and capital position allowed the management to buy back shares worth $963 million during the quarter. Moreover, the company also paid a dividend of $1.95 per share, reflecting its commitment to shareholder returns. Liquid assets as of December 31 stood at $59.34 billion, compared to $58.36 billion at the end of the third quarter.
According to Insider Monkey’s database for Q3 2024, 46 hedge funds held a stake in the company, remaining unchanged from the second quarter.
5. Seaboard Corporation (NYSE:SEB)
Share Price on February 14: $2,927.00
Seaboard Corporation (NYSE:SEB) is an agricultural and ocean transportation company. It enjoys a global presence through a network of integrated service-oriented companies. SEB has approximately 12,000 employees worldwide and boasts robust annual net sales of over $9 billion. It has a market cap of $2.84 billion and is part of an elite list of the highest-priced stocks right now, with its share price rising by over 20% year-to-date.
The company’s main businesses include Seaboard Foods, which produces premium pork products; Seaboard Marine, a shipping service between the U.S., the Caribbean, and Central and South America; and Commodity Trading and Milling (CT&M), a grain processing and trading unit. It also has other businesses related to sugar, turkey, and power production.
On February 13, Seaboard Corporation (NYSE:SEB) announced financial results for the fourth quarter of fiscal 2024. It posted a revenue of $2.48 billion during the period, up nearly 9% from last year. Net earnings attributed to Seaboard stood at $154 million, improving from $64 million for Q4 2023. On a per-share basis, the company’s earnings were logged at $158.58.
Seaboard Corporation (NYSE:SEB) reaffirmed its commitment to shareholder returns by announcing a cash dividend of $2.25 per share, to be paid on March 6, 2025, to all shareholders on record at the close of day on February 24.
Impressive financial results in Q4 and the declaration of a quarterly dividend are likely to further add to the company’s appeal among investors. According to Insider Monkey’s database for Q3 2024, 17 hedge funds held a stake in Seaboard Corporation (NYSE:SEB).
4. AutoZone, Inc. (NYSE:AZO)
Share Price on February 14: $3,458.55
AutoZone, Inc. (NYSE:AZO) is a retailer and distributor of automotive replacement parts and accessories. The company has over 7,000 stores across the United States, Brazil, and Mexico. It is one of the highest-priced stocks right now, with its share price rising by nearly 27% over the past 12 months.
While the company primarily serves the do-it-yourself (DIY) market, it also caters to professional auto repair shops. Established in 1979, AutoZone, Inc. (NYSE:AZO) has consistently expanded over the years and continues to add several new stores each year, even during challenging market conditions.
During the first quarter of fiscal 2025, AutoZone, Inc. (NYSE:AZO) opened 23 new stores in the United States. It also continued with international expansion and has grown its footprint in Mexico by 7.4% compared to the first quarter of fiscal 2024, while its store count increased by 26.9% in Brazil during the period.
AutoZone, Inc. (NYSE:AZO) generated net sales of $4.3 billion in Q1 FY25, up 2.1% year-over-year. Overall same-store sales increased 1.8%, while domestic same-store sales grew 0.3% during the quarter. Gross profit was 53%, improving 16 basis points from last year, driven by higher merchandise margins. Net income stood at $564.9 million, down from $593.5 million in the prior year’s quarter. Diluted EPS was $32.52 compared to last year at $32.55 per share.
Considering its rapid expansion and competitive advantages of scale and extensive distribution networks, AutoZone, Inc. (NYSE:AZO) is poised for future growth, despite the potential threats from e-commerce. Wall Street analysts are bullish on the stock with a consensus Strong Buy rating.
Investor sentiment continues to improve as well. According to Insider Monkey’s database for Q3 2024, 47 hedge funds held a stake in AutoZone, Inc. (NYSE:AZO), up from 45 at the end of the second quarter.
3. Booking Holdings Inc. (NASDAQ:BKNG)
Share Price on February 14: $5,044.40
Booking Holdings Inc. (NASDAQ:BKNG) provides travel and restaurant reservations online, along with other related services. It owns and operates several renowned platforms, including Booking.com, Agoda, Kayak, and OpenTable.
Booking Holdings Inc. (NASDAQ:BKNG) recently announced a strategic partnership with Antom, a leading provider of merchant payment and digitization services, to improve the payment experience for its Asian customers. The partnership will leverage Antom’s cross-border payment capabilities and multi-currency offerings to offer a more tailored customer experience for Booking.com users.
Booking Holdings Inc. (NASDAQ:BKNG) is among the highest-priced stocks right now, with its share price delivering impressive returns of 35% over the past year. Investor optimism in the stock continues to strengthen as international travel returns to pre-pandemic levels.
During its recent Q3 2024 earnings call, the company reported an 8% year-over-year increase in room nights booked. Total revenue for the quarter was $8 billion, up 9% from last year, while the net income of $2.5 billion remained in line with the prior year’s results. Gross travel bookings were $43.4 billion, growing 9% compared to Q3 2023.
Cooper Investors Global Equities Fund stated the following regarding Booking Holdings Inc. (NASDAQ:BKNG) in its Q4 2024 investor letter:
The largest contributors to returns were Booking Holdings Inc. (NASDAQ:BKNG) and Liberty Formula One (FWONK). BKNG is the leading global travel platform (larger than Airbnb and Expedia combined on an annual room nights booked basis). Operating trends continue to be strong driven by tailwinds from global travel demand and new CFO Ewout Steenbergen finding cost efficiencies following a period of investment. This resulted in third-quarter revenue growth of 9% driving Earnings Per Share growth of 16%, a run rate we believe is now sustainable for the business. BKNG has been a highly successful investment, delivering returns of 130% since our first investment in December 2022. But going forward we see less value latency and have consequently begun to redeploy capital into more compelling opportunities.
Wall Street analysts remain bullish on Booking Holdings Inc. (NASDAQ:BKNG) with a consensus Buy rating. According to Insider Monkey’s database for Q3 2024, 93 hedge funds held a stake in the company, reflecting the strong investor sentiment.
2. NVR, Inc. (NYSE:NVR)
Share Price on February 14: $7,365.72
NVR, Inc. (NYSE:NVR) is an American home-builder that constructs and sells single-family detached homes, townhomes, and condominium buildings, under the Ryan Homes, NVHomes, and Heartland Homes trade names. It operates through two segments: Homebuilding and Mortgage Banking.
On January 28, the company declared financial results for the fourth quarter of fiscal 2024. It reported a net income of $457.4 million, up 12% from last year. Diluted EPS was logged at $139.93, improving 15% year-over-year. Consolidated revenues for the quarter totaled $2.85 billion, growing 17% from the fourth quarter of 2023.
NVR, Inc. (NYSE:NVR) is benefiting from the housing shortage. While new orders for Homebuilding were down 8% year-over-year in Q4, they increased by 4% during the full year to 22,560 units. The segment posted an annual revenue of $10.29 billion in 2024, up 11% compared to 2023.
The Mortgage Banking segment closed loan production in Q4 totaling $1.70 billion, up 13% year-over-year. Income before tax for the quarter increased 55% to $45.9 million. Mortgage closed loan production for the full year 2024 stood at $6.26 billion, increasing 9% from last year.
Mortgage rates have declined for a fourth straight week, reaching a 2025 low on February 13. If current trends continue, NVR, Inc. (NYSE:NVR) can expect a further increase in sales in the homebuilding business and a higher volume of loans in the mortgage segment.
NVR, Inc. (NYSE:NVR) is one of the highest-priced stocks right now. Wall Street analysts are bullish on the stock with a consensus Buy rating and anticipate a further 27% uptick, on average, in its share price.
1. Berkshire Hathaway Inc. (NYSE:BRK-A)
Share Price on February 14: $719,146.00
Berkshire Hathaway Inc. (NYSE:BRK-A) is an American multinational conglomerate holding company based in Omaha, Nebraska. Led by Warren Buffett, it engages in diverse business activities, including insurance, freight rail transportation, utilities, energy, manufacturing, services, and retailing.
Its subsidiaries include BNSF, GEICO, International Dairy Queen, and See’s Candies, among others. The company also holds major equity stakes in companies such as Apple, American Express, and Coca-Cola, which has helped Berkshire Hathaway Inc. (NYSE:BRK-A) cement its reputation as a financially robust enterprise.
Berkshire Hathaway Inc. (NYSE:BRK-A) is the highest-priced stock right now, trading at a staggering $719,146.00 at the close of the day on February 14, 2025. Buffett’s business acumen has been a cornerstone of the company’s success, which has seen it beat consensus estimates in three of the last four quarters.
Berkshire Hathaway Inc. (NYSE:BRK-A) is expected to announce fourth-quarter and full-year 2024 results later this month. Analysts are anticipating another strong quarter and are projecting a profit of $4.43 per share, which will be a 13% improvement from last year.
Overall, Berkshire Hathaway Inc. (NYSE:BRK-A) ranks first among the 15 Highest-Priced Stocks Right Now. While we acknowledge the potential of conglomerate holding companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than BRK-A but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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