How To Buy Advance Auto Parts Inc (AAP) Stock
How To Buy AAP
Advance Auto Parts (AAP) is a common stock listed on the NYSE exchange, which means you can buy the stock from most brokers. Follow the steps below to learn how to purchase shares of the stock.
Find a reliable broker.
Don't worry, it's easy and free to open a brokerage account. Below are a few of our favorite brokers where you can buy Advance Auto Parts from:View All Recommended BrokersBest PromotionsWebull
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Fund your new account.
You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.
Search for AAP on the brokerage app or site.
When your funds are settled into your account, look for Advance Auto Parts on your broker by searching for the company name: Advance Auto Parts or the ticker symbol: AAP.
Buy the stock.
Once that you've found Advance Auto Parts on your broker, you can submit a purchase order to buy the stock for $146.59 a share (current price). Note that depending on when you decide to buy the stock, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares, depending on your broker.
Once your order is fulfilled, you've just bought your first shares of Advance Auto Parts Inc. Congratulations!
When submitting your order, you may choose to buy shares of Advance Auto Parts at the market price with a market order or at a set price using a limit order.
- Market order: Buy the stock immediately at its current price.
- Limit order: Buy the stock only once it reaches your target price.
By default all purchases are considered market orders unless specified otherwise. Limit orders are great if you only want to buy shares of AAP if it reaches a certain price.
Should You Buy AAP Stock Now?
In the past week, the price per share of Advance Auto Parts has gone down ↓1.77 (-1.19%) and the daily volume has decreased significantly. You should buy AAP now if you think the stock will recover soon, or wait until you think the stock is done dropping.
In the end no one nor metric can really tell you whether or not you should buy AAP today. You should be comfortable with the risk of the investment and buy only when you believe the time is right.