How To Buy Best Buy Co. Inc (BBY) Stock
Follow The Steps Below To Buy BBY Stock
Best Buy Co. (BBY) is a common stock listed on the NYSE exchange, which means you can buy the stock from most brokers.
Pick a stock broker.
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Fund your new account.
Transfer money into your new broker. 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 BBY.
Once your funds are in your account, look for Best Buy Co. on your broker by searching for the company name: Best Buy Co. or the ticker symbol: BBY.
Buy the stock.
Best Buy Co. stock is currently selling for $100.04 a share. Submit a purchase order to buy the stock once you're happy with the price. You may be able to purchase fractional shares, depending on your broker.
When submitting the purchase order, you may choose to buy shares of Best Buy Co. 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 Best Buy Co. Inc. Congratulations!
Should You Buy BBY Stock Now?
In the past week, the price per share of Best Buy Co. has gone down ↓2.64 (-2.57%) while the daily volume has increased slightly. You should buy BBY 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 BBY today. You should be comfortable with the risk of the investment and buy only when you think the time is right.