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4 ‘Expensive Stocks’ Worth Every Penny

They're high-priced, but worth the premium

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Roll of MoneyYesterday, Priceline (PCLN) made history by becoming the first S&P 500 stock to sport a four-digit price tag, with shares touching $1,000.98 during the before dropping back down into the $990s.

Many investors are often blinded by hefty price tags and thus avoid nominally expensive stocks, but Priceline has proved to be one rock-solid investment. Since Jan. 1, the stock’s soared 60%, around three times the broader market.

But more important, investors should remember that it really doesn’t matter what you pay for a single share of a stock. Whether you’re holding a $1,000 share of Priceline or 100 shares of a $10 stock, a 10% gain or loss will work out to the exact same amount of moolah.

And at the same time, some stock with a huge price tags may actually be better deals than picks with a smaller share price but higher valuation.

With that in mind, let’s take a look at a few “expensive stocks” that are worth your consideration despite their eye-popping price tags.

Article printed from InvestorPlace Media,

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