The decade’s hottest stocks show hunger for tech companies
Almost 400 companies are now valued at more than $1 billion according to a new list of the most profitable companies. Find out what $100 in stock would have bought you in 2000 versus now.
We all have those moments when we see how much a company is worth now and wish we could go back in time to gobble up a few stocks. SmallBusinessPrices.co.uk decided to hop into a time machine and survey the most profitable companies of 2019 looking at what stocks you could have gotten for $100 in 2000.
They found that with $100 you could have bought 55 shares in Apple in 1999 compared to just 0.55 in 2019. In just 10 years, Apple’s stock price rose by nearly 10,000%, the second highest in the survey behind Netflix, which saw a stock price rise of almost 17,000%.
No surprise, Microsoft, Amazon and Google also dominated the survey, with astronomical increases in share price, net worth and yearly revenue since 2000.
SmallBusinessPrices.co.uk says Microsoft became the first company to have a net worth of $1 trillion in 2018. Both Apple and Amazon passed the milestone this year.
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“Despite Apple taking third place for net worth, the brand still remains champion for yearly revenue. In 2018, the giant made over $265.6 million – higher than both Amazon and Microsoft who made $232.9 and $110.4 million respectively,” they wrote in the study.
“Amazon is the most expensive stock, with the average stock price calculating to a whopping $1,752 – meaning $100 couldn’t buy you any stock, whilst in the year 2000 you’d be able to afford just two. As one of the top e-commerce platforms in the world, Amazon gets more than 197 million visitors each month, and in 2018 the company’s share of the US…