While everyone out there seems to be focusing on the race between Alphabet (GOOGL) and Amazon.com (AMZN) over who will be the first to break the $1,000 barrier, there’s also another stock out there that’s on the cusp of crossing $1,000 for the first time. That stock is Markel (MKL), which is probably a name you have never heard of. With a market cap of just under $14 billion, MKL is not a behemoth like AMZN or GOOGL, but it’s still not small. MKL is actually an insurance company that is often referred to as a “baby Berkshire” as it has a large insurance underwriting business as well as a portfolio of equities that the company holds. As shown in the chart below, MKL is just as close to breaking $1,000 as AMZN and GOOGL.
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References: https://stockaholics.net/threads/stock-market-today-may-29th-june-2nd.4625/

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