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Google’s $1,000 price tag only adds to stock’s allure

If Google Inc. shares look too steep after they broke the $1,000 (U.S.) barrier on Friday, consider it a good thing. Sky-high share prices are like tickets to an exclusive club, where membership has its advantages.

There are just three other U.S. stocks (and no Canadian stocks) that reside in quadruple-digit territory: Berkshire Hathaway Inc., the holding company steered by legendary investor Warren Buffett; Seaboard Corp., the pork processor; and Inc., the online travel company.