How To Buy ALLETE Inc (ALE) Stock

59.65 ↑1.02 (1.73%)
As of December 1, 2021, 9:47am EST.

Instructions

ALLETE (ALE) 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 ALE.

  1. Open a brokerage account.

    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 ALLETE stock from quickly and easily:

    View All Recommended Brokers
  2. Fund your new account.

    You'll have 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 ALE on the brokerage platform.

    Once your funds are in your account, look for ALLETE on your broker by searching for the name (ALLETE) or the ticker symbol (ALE).

  4. Buy the stock.

    Now that you've found ALLETE on your broker, you can submit a purchase order to buy the stock for $59.65 a share (current price). You may also be able to purchase fractional shares, depending on your broker.

    When submitting the purchase order, you may choose to buy shares of ALLETE at the current market price with a market order or at a set price using a limit order.

    • Market order: Buy or sell a stock immediately, at the current market price.
    • Limit order: Buy or sell a stock only once it reaches your target price.

    Once your order is submitted and fulfilled, you've just bought your first shares of ALLETE Inc. Congratulations!

Should You Buy ALE Stock Now?

In the past week, the price per share of ALLETE has gone down ↓0.46 (-0.77%) while the daily volume has increased significantly. You should buy ALE now if you think the stock will recover soon or wait until you think it's done dropping.

In the end, no one nor metric can tell you whether or not ALE will go up or down in price. You should be comfortable with the risk of the investment and buy only when you think the time is right.

ALE Stock Performance

  • Current price: $59.645
  • Yesterday's price: $58.6300
  • Price Change (Last 24 Hours): ↑1.02 (1.73%)
  • Price Change (Last 14 Days): ↓3.04 (-4.86%)

Sector Performance

  • Sector: Utilities
  • Performance (Last 24 Hours): N/A
  • Performance (Last 14 Days): N/A

Industry Performance