Everyone is looking for a low-share-price bargain. But what about the high-priced shares? There are plenty of great stocks, besides Warren Buffett's Berkshire Hathaway (BRK.A), that sell for more than $100 a share.

Here are some stocks, all trading in excess of $100 a share, that have P/E ratios of less than 20, PEG ratios of less than 1 and market caps of more than $15 billion. All but one of these stocks pay a dividend.

Goldman Sachs Group (GS), the large investment banking firm, has the highest-priced shares on the list, at about $154 each. The stock has a P/E of 8 and a PEG of 0.43, and it pays a yield of 0.9%.

CNOOC (CEO) is the explorer and producer of crude oil and natural gas off the coast of China. It sells for around $143 per share. The stock has a P/E of 15, a PEG of 0.40 and a yield of 3.3%.

Transocean (RIG) provides offshore contract oil and gas drilling services. It sells for about $133 per share. The stock has a P/E of 8 and a PEG of 0.28.

Diamond Offshore Drilling (DO) is another offshore oil and gas drilling contractor, including deepwater drilling. It sells for $114 per share. The stock has a P/E of 14 and a PEG of 0.71, and it pays a yield of 0.5%.

Siemens AG (SI) is the huge German electronics and electrical engineering conglomerate. It sells for roughly $110 per share. The stock has a P/E of 17 and a PEG of 0.96, and it pays a yield of 1.7%.

Hess (HES) is a developer and producer of oil and natural gas. It sells for about $109 per share. The stock has a P/E of 13 and a PEG of 0.62, and it pays a yield of 0.4% .

Continental AG (CTTAY) is a German autoparts maker. It sells for approximately $103 per share. The stock has a P/E of 15 and a PEG of 0.97, and it pays a yield of 2.91% .

For a list of high-priced shares, go to WallStreetNewsNetwork.com.

Posted on Aug. 24, 2008