Stocks are on fire lately, with the S&P 500 and Dow Jones Industrial Average closing last week at record highs.
That got us thinking: With company stock prices on the rise, what is the merchandise equivalent of the price of one share?
Below are the stock prices of a random sample of 13 companies and what you can buy at those companies based on their stock price. (Note: Stock prices are as of the close on Monday, July 22, and items exclude taxes.)
For instance, for the price of one share of Yum Brands, which owns Taco Bell and other casual dining restaurants, you can buy 31 seven-layer burritos. Yum indeed!
4. Berkshire Hathaway: $178,223 or 50,920 Dairy Queen Blizzards or 23,450 Boxes of See’s Candies Lollipops
Berkshire Hathaway, led by Warren Buffett, owns Dairy Queen, See’s, and a host of other companies. (Blizzard figure was calculated using the average price of $3.49 for a medium Blizzard; See’s figure was calculated using the $7.60 price for a small Lollypop Box.)
12. American Eagle Outfitters: $18.89 or One Graphic T-Shirt on Sale
- Do you know what happened in the news this week? Time to take our quiz.