Invest in Volkswagen stock today with Interactive Brokers as your trusted online brokerage.
Volkswagen is a globally-known brand committed to its values. The company offers employees good working condition and it conserves resources and the environment.
The auto manufacturer has taken a leading position in China and is transforming into 1 of the top automotive software players. Learn more about Volkswagen and how you can buy Volkswagen stock today.
| Ticker | Company | ±% | Price | Invest | ||
|---|---|---|---|---|---|---|
| VWAGY | Volkswagen | -1.83% | $10.73 | Buy stock | ||
How to Purchase Volkswagen Stock
If you want to purchase a Volkswagen stock, you'll need to get in touch with a reputable online broker.
Step 1: Pick an Online Broker
This is 1 of the most important steps to conduct successful trading. You need to define what is the most important thing for you when trading.
Look for a broker with the following traits:
- U.S.-based
- Highly regulated
- Listed on stock exchanges
- Advanced trading platforms
- Low-to-standard commissions on stock trading
- Rich on research offerings
- Great customer support
Step 2: Open a Trading Account
Once you’ve decided on your broker, open your account. You'll receive a confirmation email. Navigate to this email and click the link inside. This way you will confirm your email address.
Your broker is likely to ask you for further account confirmation. This will include a copy of a personal document. Notice that in some cases they might ask you to provide proof of income. After all, reputable brokers care about your financial condition and they want to make sure that you are not risking money you cannot afford to lose.
Step 3: Install the Trading Platform
Now that you confirmed your trading account, you need to move on to installing the trading software. If you are going to use a web platform, then you need to navigate to the website of the broker and then to the platform.
If you want to use the desktop platform of the broker, then you need to download it and conduct the installation locally on your computer. The installation is standard for software.
If you plan to trade on a mobile device, then you navigate to the Play Market for Android or to the App Store for iOS. Use the search to find your broker’s mobile app and install it.
When you have access to the platform, use the login details provided by your brokers to enter your account. Now you are in the account on the respective trading platform and you are ready to trade.
Step 4: Conduct Your Analysis
Now your account is all set and you can buy and sell financial assets. Go to the market watch of your trading platform. Use the search to find the Volkswagen stock. When you find the stock you can open its chart and approach the past price action. You can conduct two types of analysis:
Technical Analysis
Approach the price action of the stock to make assumptions about its future performance. Try to discover a trend or a potential reversal. If you find an increasing trend you can buy the Volkswagen stock and try to ride the trend with the assumption that the price will increase and you will sell later on a higher price. If you discover a downward trend, then you can short-sell and hope that the price will drop, where you can cover the trade and profit from the difference.
Fundamental Analysis
The fundamental analysis of a stock involves checking the financial condition of the company and the news releases related to it. An example of a fundamental element is the announcement that Volkswagen was cheating with the harmful emissions produced by their cars. This was the reason for a major drop in the stock price of Volkswagen.
Step 5: Purchase Volkswagen Stock
After you have conducted a proper analysis, you are ready to buy some shares of Volkswagen. Go to the chart of the stock or to the market watch and you will see buy/sell buttons.
Make sure you regulate the number of shares you want to buy based on the amount of money you want to spend.
Another important part of your trade is to place a stop-loss order. Traders use the stop-loss order to secure your trade by limiting the potential losses of the deal. If you put a stop-loss at a particular level, you can’t lose more than the level you have settled.
Best Online Brokers
We recommend the following for beginning, intermediate and advanced traders.
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
- Best For:Global Broker for Short SellingVIEW PROS & CONS:securely through TradeZero's website
A Brief History of Volkswagen
Volkswagen is a German car manufacturer that was founded in 1937. The name Volkswagen comes from the 2 German words:
- “Volk” - nation, people
- “Wagen” - car, automobile
Volkswagen - the car of the nation.
Volkswagen is an icon in the automobile industry and 1 of the biggest companies in the world. The company name is synonymous with innovation in the automobile industry at an accessible price.
Pros and Cons of Volkswagen Stock
When considering an investment in Volkswagen stock, it's essential to weigh both the advantages and disadvantages to determine whether it aligns with your financial goals and risk tolerance.
Pros of the Volkswagen Stock
- Strong brand reputation: Volkswagen is recognized globally for its quality and engineering, which can lead to long-term customer loyalty and consistent sales.
- Diverse product line: The company's wide range of vehicles, including electric models, positions it well to adapt to changing consumer preferences and market trends.
- Investment in innovation: Volkswagen has been significantly investing in electric vehicle technology and sustainable practices, which can drive future growth and profitability.
Cons of the Volkswagen Stock
- Past scandals: The diesel emissions scandal has affected Volkswagen's reputation and could lead to ongoing regulatory or financial repercussions.
- Market competition: The automotive industry is highly competitive, with many companies investing in electric and autonomous vehicles, which can pressure Volkswagen's market share.
- Economic sensitivity: The automotive sector is sensitive to economic downturns; during recessions, consumers may delay vehicle purchases, affecting sales performance.
Invest in Volkswagen Stock
Volkswagen is a big name, and it could be a good choice for the right investor. The company is committed to growth, and it's software development is promising.
Connect with an online brokerage to invest in Volkswagen stock now.
Want to learn more about investing? Check out Benzinga's guides to the best online brokerages, best auto stocks and best investing courses.
Frequently Asked Questions
Is Volkswagen stock a good investment?
Whether Volkswagen stock is a good investment depends on various factors, including market conditions, the company’s financial performance, and your investment strategy. Research and analysis should be conducted before making any investment decisions.
How often does Volkswagen pay dividends?
Volkswagen typically pays dividends on an annual basis, although the amount can vary depending on the company’s earnings and financial health.
Is Volkswagen stock traded internationally?
Yes, while primarily traded on the Frankfurt Stock Exchange, Volkswagen stock can also be available through American Depository Receipts (ADRs) for trading in the US markets.
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