Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

If a stock doesn't pay dividends, then why is the stock worth anything?
Stocks represent partial ownership of the company. So, if you owned 51% of the stock of the company (and therefore 51% of the company itself), you could decide to liquidate all the  assets of the company, and you would be entitled to 51% of the proceeds from that sale.  In the example above, it would have to be Common Stock, as preferred stock does not confer ownership. *In a situation where it is not possible to buy 51% or more of the company (for example, it's not for sale), this is not possible, so the value of the stock could be much less.