How To Buy Apple Stock Online
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how to buy apple stock online
An online brokerage is your gateway to buying and selling stocks. In addition to enabling you to purchase Apple shares, online brokerage accounts also provide research, educational materials and account types to help you meet your investing goals.
On your brokerage platform, you can put in a request to buy AAPL stock at the best current price or use a more advanced order type, like limit or stop orders, to only purchase shares once the stock price falls below a certain threshold.
Since Apple is traded on the Nasdaq exchange, it can be bought or sold between 9:30 a.m. and 4:00 p.m. ET Monday through Friday. However, the Nasdaq does have pre-hours and after-hours trading, which you may be able to access through your online brokerage.
To evaluate the performance of Apple or other stocks, start by looking at the annualized percent return. This will give you a number you can compare to other investments as you gauge how well your investment performed. You may also want to revisit the fundamental data you looked at earlier to see how it develops over time.
You can compare this information to other stocks or benchmarks like the S&P 500 and Nasdaq Composite Index. By looking at those benchmarks, you can get an idea of how your investment is performing relative to certain industries or the market as a whole.
To sell your Apple stock, return to your online brokerage platform, enter the ticker symbol, the number of shares (or dollar value) you want to sell and select a sell order type. These generally have the same names and work similarly to the order types we covered above.
In order to decrease share price and increase liquidity, the company may choose to split their stock so that existing shareholders receive a comparable amount of stock worth the present value, and new shareholders can buy in at a much lower rate.
For example, if a stock is trading at $150 per share, and the company offers a two-for-one split, a shareholder currently holding a single share at $150, following the split, would now hold two shares valued at $75 each.
Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by rises elsewhere.
Valuing Apple stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Apple's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Recently Apple has paid out, on average, around 15.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Apple shareholders could enjoy a 0.58% return on their shares, in the form of dividend payments. In Apple's case, that would currently equate to about $0.91 per share.
As of March 15, 2023, over 30 analysts are offering a median 12-month price forecast representing a +13.86% increase from Apple's last closing price of $151.94. Apple stock currently holds a buy rating from analyst consensus.
At the market close on Jan. 28, Apple stock was trading at $170.33. The analysts who follow the stock provide a target price, which they think the stock will reach in the short term. For Apple, those estimates range from $128.012 to $210 and average $180.94, all of which are slightly higher than the estimates for last quarter.
Apple has historically been a good performer, and the analysts seem to agree that the stock is worth buying. But any single stock can be volatile, and you should look at each purchase in the context of your entire portfolio.
Apple is a historically solid investment and has made many early investors very wealthy. Those who are considering buying the stock at this point, however, need to understand that it cannot replicate the gains it made in the early years. By the same token, buying Apple now is far less risky than it was in the early 1980s.
I would also try to do my own research on stocks and use a stock analysis app. Likewise, you should look into stocks of other companies to see if their risk profile and objectives match your broader investment portfolio goals.
Some brokerages offer sign up bonuses to give your investing journey a boost. Learn about getting free stocks from online brokers for signing up and funding your account.
Whether you trade penny stocks on Robinhood or Webull for minimal money or trade whole shares of Berkshire Hathaway, you will need to understand the unavoidable fees charged in some instances.
These fees may vary by brokers. Be sure to check the fine print if these costs to invest appear too great or affect your overall investment decision. They should be very minor and not dramatically impact your inclination to invest in a stock or not.
If you live in South Africa, India or the UK and think Apple is a great company, you might find it difficult to buy stock in the company without using Contract For Differences (CFDs), or a financial arrangement made using financial derivatives that settle differences between open and closing trading prices with cash.
Apple also is a member of the smaller and more exclusive Dow Jones Industrial Average, which it joined in 2015, and the tech heavy Nasdaq 100 index. The stock is listed on the Nasdaq stock exchange under the ticker AAPL, and is grouped in the information technology sector alongside the likes of Microsoft, Nvidia, and Visa.
Deciding how many Apple shares to buy is likely to be a bigger decision. Since its latest split in 2020, the stock has been trading in the range of about $100 to $150 a share. If you have a smaller budget, you may be able to buy fractional shares through your online broker. Because Apple pays a dividend, you can increase your allocation over time by reinvesting those dividends.
Apple Inc. is a technology company that specializes in computer software, electronics, media devices and online services. Founded in 1976 by Steve Jobs and Steve Wozniak in Cupertino, California, the company now offers its products all around the world. In addition, Apple was the first publicly-traded U.S. company to reach a trillion-dollar valuation. Given that consumers worldwide know and trust the company, investors, both new and experienced, are widely interested in buying equity in Apple. Below, we take a closer look at how to become an Apple shareholder. If you want further hands-on guidance with your investing strategy, consider enlisting the help of a trusted financial advisor.
You can also use a brokerage account to invest in a mutual fund or exchange-traded fund (ETF) that invests in Apple. Look for funds that focus on the technology sector or on large-cap stocks. Buying shares in a mutual fund or ETF lets you invest in Apple while also investing in a number of other companies, giving you diversification and protecting your investments against any downturns from a single stock.
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Brokerage accounts make market access easy, allowing you to invest in stocks, options, ETFs, mutual funds, bonds, and more. Individual accounts will generally be your best option, but you'll want to use a joint account if you plan to invest with a partner. And while IRAs are another option, they might not be the safest choice since Apple's stock has had a volatile history.
In addition, there are several online brokerages and investment platforms to choose from, but the best offer $0 minimum requirements for self-directed trading, commission-free investments, web and mobile access, and extensive customer support.
"However, when investing in large-cap or blue-chip stocks that are larger, more established companies, the risk is generally lower than investing in less known, smaller companies whose futures are not as solidified as larger companies," he said.
"Apple is a good stock to buy for those looking to own a stable company that pays a consistent dividend [and] that is also still growing in new markets," Jean-Pierre says. "Although they are not growing at the pace that they used to, Apple is one of the companies that I categorize as Large-Cap Growth that also pays a dividend to owners of the company."
And while analyzing a stock's historical performance is useful, you'll also want to regularly pay attention to news that affects the company and its industry. As we've seen recently in 2022, the economy can also greatly influence the stock market, eliciting downturns and forcing investors to endure inflation and rising interest rates.
The first strategy is a more passive approach to wealth-building. You invest a lump sum into a stock, and you hold that investment until you're ready to sell. With this approach, the hopes are that the investment's value will have skyrocketed exponentially by the time you plan to cash out.
Selling stocks is as simple as buying them. You can generally perform this action by navigating to the "trade" section of your investment platform's website or mobile app. The platform will give you the option to sell either a number of shares or a dollar amount, though this can vary depending on the investment you're selling. 041b061a72