The most expensive shares in 2019
The first half of 2019 was very successful for investors in stocks. From January to June, the US S & P 500 index, which unites the largest US companies by market capitalization, grew by 17%. This was the best result in the last 22 years.
Shares of US companies rose in price, despite the US trade opposition with China and investors' concerns about the slowdown in the global economy.
First place in the ranking was taken by the manufacturer of cosmetics Avon Products. For six months, the shares of this company rose in price by 2.5 times. In second place was the manufacturer of AMD microchips with a result of +64.5%. Shares of the automobile brand Ferrari, located on the third line, grew by 62.33% in the first half of the year.
If we talk about future growth prospects, then among the shares of companies to the overvalued can be attributed to the shares of Ferrari. Ferrari multipliers are significantly higher than the industry average.
Vipshop, Momo, Facebook, Celgene and eBay shares have further growth prospects.
The information above cannot be considered as an investment advice and past results do not indicate future performance.
**Investors should have experience and understand the risks of losing all the initial investment.
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