How To Buy Annaly Capital Management Inc (NLY) Stock

How To Buy NLY

Annaly Capital Management (NLY) 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 NLY.

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 Annaly Capital Management 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 NLY.

   When your funds are settled into your account, look for Annaly Capital Management on your broker by searching for the company name: Annaly Capital Management or the ticker symbol: NLY.

4. Buy the stock.

   Once that you've found Annaly Capital Management on your broker, submit a purchase order to buy shares of the stock (currently $19.03 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 Annaly Capital Management Inc.

   Tips When Buying

   When submitting your order, you may choose to buy shares of Annaly Capital Management 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 NLY at a specific price.

Should You Buy NLY Stock Now?

In the past week the price per share of Annaly Capital Management has gone up ↑0.70 (3.82%) and the daily volume has increased significantly. You should buy NLY 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 NLY when you feel the time is right.