How To Buy American Electric Power Company Inc (AEP) Stock

83.44 ↓0.56 (-0.67%)
As of Market Close on June 6th, 2023.

How To Buy AEP

American Electric Power Company (AEP) is a common stock listed on the NYSE exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of AEP.

  1. Find a reliable broker.

    Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy American Electric Power Company from:

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  2. 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.

  3. Search for AEP.

    When your funds are settled into your account, look for American Electric Power Company on your broker by searching for the company name: American Electric Power Company or the ticker symbol: AEP.

  4. Buy the stock.

    Once that you've found American Electric Power Company on your broker, submit a purchase order to buy shares of the stock (currently $83.44 a share). Depending on when you purchase, 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 gets fulfilled, you've purchased your first shares of American Electric Power Company Inc.

    Tips When Buying

    When submitting your order, you may choose to buy shares of American Electric Power Company at the market price with a market order or at a set price using a limit order.

    • Market order: Buys the stock immediately at its current price.
    • Limit order: Buys the stock only once it reaches your target price.

    By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of AEP at a specific price.

Should You Buy AEP Stock Now?

In the past week the price per share of American Electric Power Company has gone up ↑1.42 (1.73%) and the daily volume has increased slightly. You should buy AEP now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of AEP when you feel the time is right.

AEP Stock Performance

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  • Current price: $83.44
  • Yesterday's price: $84.00
  • Price Change (Last 24 Hours): ↓0.56 (-0.67%)
  • Price Change (Last 14 Days): ↑0.94 (1.14%)
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