‘How to purchase Twitter stock?’ is one of the most searched topics in 2021 and to date. You too must have imagined buying twitter stocks to get wealthy while tweeting about your trading knowledge.
Stocks of such large-cap companies promise significantly higher returns that are enough for you to chill for the rest of your life.
If you’re interested to invest in Twitter stocks but still unsure where to start? Our comprehensive guide on ‘How to purchase Twitter stock?’ will help you gain complete knowledge about the topic.
Through this guide, we will cover all key topics related to
- How To Buy Twitter Stock?
- Where To Buy Twitter Stock?
- Should You Buy Twitter Stock?
- Best Stock Advice on Twitter
Twitter Shares: A Detailed Overview
Twitter is a US Tech giant which is among one of the most popular and engaged social media platforms currently. It has been trading on the New York Stock Exchange under the TWTR ticker. It provides a space for users to connect with people, information, ideas, opinions and news. The company’s services also includes live speech, live connections and live conversations.
The company has recently made headlines due to the news that Elon Musk, the multi-billionaire owner of Tesla is planning to acquire it for around $43 billion. The decision had fueled the prices of Twitter shares overnight. However, Musk lately pulled out of the deal.
To buy Twitter stocks, you need to find a stock broker that provides access to the NYSE. At the time of writing, the current market price of Twitter stock is $40.63 per share.
Twitter Shares: At Glance
| Current Market Price (Per Share) | $40.63 |
| Market Capitalisation | $31.8 Billion |
| Wall Street Target Price | $43.05 |
| PE Ratio | 166.45 |
| Dividend Yield | $0 (0%) |
| Earnings Per Share (TTM) | $0.25 |
| 52-Week Range | $31.30 – $70.96 |
| 50-day Moving Average | $38.45 |
| 200-day moving average | $42.61 |
Now that you have gained a good understanding of Twitter shares let’s understand the whole process of How to purchase Twitter stock?
How To Purchase Twitter Stock?
Due to the emergence of online trading, investing in the stock market has become extremely easy nowadays. You don’t have to wait in the queue or phone your stock broker to place trades.
Instead, you can now invest or trade all popular stocks with the ease of sitting on your sofa. Of course, investing has never been so easy.
But, still, there are some investors who may find it challenging to invest in stocks and often end up searching for – How to purchase Twitter stock. For them, here’s a quick and step-by-step process to get started.
Choose A Reliable Brokerage Platform
The first and foremost step if you’re planning for Twitter investment is to choose a reliable brokerage platform. Additionally, it is one of the most crucial steps as not all stock brokers list shares of Twitter simply because they don’t have access to the NYSE.
Overall, you’ll need a broker that offers you access to the NYSE exchange. One such good brokerage platform is InvestFW. The next factor to consider is to check whether the broker fits your trading style or not.
While some brokers are expensive and may charge a hefty fee even if you just want to buy a couple of Twitter shares every once in a while, others are free.
When choosing the best broker, you’ll need to consider various factors, like the broker’s fees, trading platform, available markets to trade, safety, regulations and how easy it is to open an account with them.
Open And Verify Your Account
After deciding on a good broker, you need to open an account now. The account opening is usually a fully online process and much similar to a regular bank account.
While some brokers immediately provide you with account access, others may take a couple of days for verification. Unlike regular banking account, these brokerage account stores your stock purchases. So, you should definitely buy Twitter shares and store them until their value skyrockets.
Make Deposit
You can directly buy Twitter shares with the cash in your hand. You’ll have to deposit this cash into your account and use it to purchase the Twitter stock. The account funding process is relatively more straightforward and typically completed in a few minutes.
The most common way to fund an account is through bank transfer and using a credit/debit card. At the same time, some brokers may allow you to make a deposit to your investment account through popular electronic wallets like Paypal, Neteller, etc.
Buy Twitter Shares
After opening an account and making the deposit, the last step is to buy Twitter Stock Shares. First, log in to your brokerage account, search for Twitter stock, enter the number of shares and click on the ‘Buy’ button. Now, follow the on-screen instructions to complete the transaction.
Note: You can choose from different available order types when placing a buy order. While the market order allows investors to buy at the actual market price, the limit order specifies the exact price at which investors want to buy the share.
Regularly Monitor Your Position
You might have understood how to purchase Twitter stock, but your work doesn’t end here. Regularly monitoring your position is the key to getting the most out of your investment.
This simply means following a good investment strategy. For example, if you purchased the Twitter share to hold it for a longer term, you should gather all the information and news about the company.
If you plan to buy it for a short sell, you might use different position management tools. For example, we can use the target price at which we wish to sell the share with a profit or set the stop-loss level on the price at which we want to sell the share to avoid any further loss of the stocks.
Now that you have learned the whole process of How to purchase Twitter stock, let’s look at the top 5 brokers for Twitter stock purchase.
Where To Buy Twitter Stock?
As mentioned earlier, not all stock brokers offer Twitter stocks, so finding one that offers access to Twitter stocks becomes an even more challenging task. So, to help you out, we have listed the few best places to buy Twitter stock.
Interactive Brokers
Interactive Brokers is a US-based discount broker. The platform is registered on all major stock exchanges, including New York Stock Exchange (NYSE). Additionally, it is well-regulated by several authorities, including top-tier ones like the FCA and the SEC.
The easy-to-understand user interface of the platform makes it simple for investors to understand how to purchase Twitter stock.
InvestBy
InvestBy is a CFD broker that allows traders to trade 350+ financial instruments, including Forex, commodities, stocks, cryptocurrencies and Indices. The broker is well-regulated and licensed by the National Bank of the Republic of Belarus (NBRB).
Buying twitter stocks has never been so easy; just open a trading account, search for the TWTR ticker and click on the “buy” button.
Zacks Trade
Zacks Trade is another best place to buy Twitter stocks. It is a US discount broker that enables users to buy, sell or trade a variety of shares.
Zacks Trade is a trading name of LBMZ Securities; a company registered and regulated by SEC and FINRA. The platform protects clients’ funds through the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
ARMO Broker
ARMO Broker is among the best stock brokers for investors and traders. It is a Germany-based global brokerage platform and an introducing broker of Interactive Brokers IE, which the Central Bank of Ireland regulates.
What Are The Fees For Buying Twitter Stocks?
Now that you have understood where and how to purchase twitter stock, you’ll need to understand the cost and fees incurred in buying Twitter shares.
While some brokers impose hefty trading fees, others charge commissions. The commission is a fee based on the volume and the trade size. Also, it can be a flat fee per trade. For instance, 0.1% of $10,000, or $10/trade.
Needless to say, these fees are different for each broker. Let’s see the fees of buying Twitter shares at our recommended five brokers.
| Interactive Brokers | InvestBy | Zacks Trades | ARMO Broker | |
| Trading Fee or Commission | $0.005 per share | Zero Commission | $0.01 per share commission for stocks above $1 share price | $0.01 per share with a minimum of $3, |
| Fees Class | Low | Low | Low | Low |
How To Avoid Risk While Buying Twitter Stock?
Investing in the financial market, whether its stock or Forex, always carries risk, and Twitter investments are no different. However, these risks can be mitigated to a great extent; just follow these tips:
Diversify Your Portfolio
Don’t ever invest all your money in a single stock. For investors asking – Should I Invest in Twitter right now? Yes, you can invest in Twitter but remember to diversify your portfolio with other stocks.
In case Twitter goes busted, you’ll lose all your invested capital. We hope you have now understood avoiding risks while buying Twitter stock through our guide ‘How to purchase Twitter stock?’
Avoid Scam Brokers
The perfect way to start your trading journey is to choose a reliable broker and avoid scammers. Unfortunately, the financial world is full of scam brokers, with most of them trying to dupe their clients.
So, to mitigate your risk while buying Twitter shares, you should opt for a trusted and regulated brokerage platform like InvestBy.
Should I Buy Twitter Stock?
Twitter stocks are currently down in value, which indicates a buying signal for long-term investors. We have analysed the company’s reports and concluded that buying Twitter shares can be a good decision right now. Here’s the current position of the company and Twitter stock information:
The company’s $1.2 Billion in Q1 revenue was a 16% increase or 19% on a constant currency basis. The cost and expenses of the company totalled $1.33bn, an increase of 35% from last year.
Twitter’s net income is valued at $513m, for a net margin of 43% and diluted earnings per share (EPS) of $0.61. It also includes a pre-tax profit of $970m from the sale of MoPub. The company had a net income of $68m, a net margin of 7% and a diluted EPS of $0.08 in the Q1 of last year.
Conclusion
After this detailed guide on how to purchase Twitter stock, you should have a clear sense of how to start now. Here’s a quick summary of the topic –
Above, we have listed out important steps on how to purchase Twitter stock, along with the best brokers to buy Twitter shares from and reasons why should you buy Twitter stock.
Twitter is among the top multi-bagger stocks to buy in 2022. However, its growth slowed down after Elon Musk halted the multi-billion deal to acquire the platform. Despite this, Twitter shares still hold the potential to offer significant returns in the long run.
FAQs
Is Now A Good Time To Buy Twitter Stock?
Twitter has a great history and has been on the list of best-selling stocks in 2022. Moreover, because its performance is stable, it is a good investment in the long term.
How Much Is A Share Of Twitter Stock?
The current price of a Twitter share is $40.98.
How Can I Buy Twitter Stock?
To buy a Twitter stock, you will need a brokerage account. Read the complete process on how to purchase twitter stock from the above guide.
What Will Happen To My Twitter Shares After Elon Musk Buys It?
Your stocks will remain with you even if Elon Musk buys the company. Investors can continue to invest in companies going private.
How Much To Buy Twitter Stock?
The price of one Twitter share is approx $40.98 at the time of writing.
What Are The Best Twitter Accounts To Follow For Stocks?
To get a good knowledge of the stock market, you can follow Twitter accounts such as CNBC, Benzinga and InvestBy.
How Many Total Shares Does Twitter Have?
Twitter have over 764.3M shares.
Who Owns The Most Shares Of Twitter?
The most common question is – Who Has The Most Shares Of Twitter? So here’s an answer – Vanguard group and Elon Musk own the most shares of Twitter.
What Is The Twitter Stock Price Now?
Currently, Twitter Stocks Down, with a price of $40.98 per share.
Can I Keep My Twitter Shares after It Goes Private?
Shareholders who own stock at the time when Twitter goes private can earn cash for their positions based on the agreed-upon rate.
What Is The Best Stock Advice On Twitter?
The best advice is to always choose a reliable and trustworthy broker.
