Summary: Hydrogen energy is the future, and Bloom Energy knows it. In this guide, you will learn how to buy Bloom Energy stock on investment platforms such as eToro and gain exposure to this growing energy sector.
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About Bloom Energy
Bloom Energy (NYSE: BE) is an American company that enables businesses and communities to meet their energy needs responsibly by utilizing cutting-edge solid-oxide solutions and helping realize a net-zero future.
Bloom Energy’s on-site products are specifically tailored for the digital era and seek to offer constant power while prioritizing cleanliness and sustainability as well as reducing operating costs and significantly lowering greenhouse gas emissions.
The company’s clientele includes leaders in diverse sectors, including manufacturing, data centers, healthcare, retail, etc.
How to buy Bloom Energy stock: Step-by-step
Bloom Energy is listed on the New York Stock Exchange (NYSE) under the ticker BE. As of January 2024, there are 224 million BE shares outstanding, and the company has a market cap of around $2.55 billion. To invest in Bloom Energy, simply:
- Find a broker: Find a trustworthy online brokerage platform that lists BE shares;
- Register and fund your account: Open an account with the brokerage and transfer some funds to it;
- Place a trade: Find BE shares on the broker’s platform by looking up the ticker symbol or the company, and then place a trade;
- Monitor your investment.
Step 1: Find a broker
To buy Bloom Energy stock, you will need to register a trading account with a reliable broker that will give you access to the New York Stock Exchange and BE shares. When looking for a brokerage, be sure to compare your options according to their fee structures, user-friendliness, track record, etc. The more features and the better the user reviews, the more likely it is that the platform can help you realize your investment goals.
We recommend eToro, a leading trading platform with millions of daily users and a host of trading features such as:
- Commission-free stock and ETF trading;
- Over 2,000 stocks from 17 different exchanges;
- Fractional shares;
- Charting tools;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Register and fund your account
Next, it’s time to register an account. The registration is usually as straightforward as on any other kind of platform, but you will most likely have to provide the brokerage with some personal and banking details as well as upload a valid ID document to confirm your identity.
Once you’ve made an account, you can deposit funds via:
- Bank transfers;
- Credit/debit cards;
- e-wallets;
- Third-party payment systems like PayPal.
Step 3: Place a trade
Once you’ve got some funds to work with, you can buy Bloom Energy stock by following these simple steps:
- Log in on your broker’s website;
- Find the Bloom Energy stock;
- Specify the number of shares you wish to buy;
- Select order type (i.e., market, limit, stop-loss, etc.);
- Review all the details once more;
- Execute the trade.
Step 4: Monitor your investment
Stocks are volatile, so diligent portfolio management and monitoring are key to long-term growth.
For starters, you can regularly examine the price fluctuations of energy stocks and stay informed about quarterly earnings reports published by Bloom Energy. Additionally, closely monitor developments concerning the company’s management team and adjust your investment strategy to remain flexible in response to market changes (that includes being ready to sell your LIN shares if market conditions warrant such a move).
To make your job easier, take advantage of the market analysis tools on your broker’s platform to identify emerging investment opportunities in the energy sector. In addition, try to gain insights from experienced traders who have achieved success in investing in similar energy stocks.
– How to buy Linde stock;
– How to buy Plug Power stock;
– How to buy Air Products stock;
– Best hydrogen fuel cell stocks in invest in 2024;
– 3 hydrogen penny stocks to invest in 2024;
– Top 3 hydrogen ETFs.
If you’re an ESG investor looking for renewable energy stocks, check out our guides on how to buy:
– Enphase Energy;
– First Solar stock;
– SolarEdge Technologies;
– SunPower Corporation;
– Array Technologies.
Bloom Energy stock price today
Bloom Energy fundamentals – Is Bloom Energy stock a buy?
Bloom Energy has been reporting consistent growth throughout 2023, and it’s likely to continue on the same path in 2024. As such, it’s potentially a good buy for investors looking to gain exposure to the energy sector in the long term.
However, as all stocks can be volatile, you should always rely on fundamental analysis and do your own research to figure out when you should buy BE shares. In addition, you can conduct technical analysis to identify price trends and patterns seen on chart patterns.
Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.
How to buy Bloom Energy stock safely
Investing in stocks carries inherent risk, so exercising caution and steering clear of common investing mistakes made by novice investors can significantly contribute to your success. For instance, some of the most detrimental mistakes when investing in:
- Failing to diversify: Putting all your funds into a single investment increases risk. On the other hand, diversification helps you spread risk and increase the chances of more stable returns even if one of your assets does not perform well;
- Emotional investing: Allowing emotions to influence your decisions can lead to low or no returns;
- Not doing research: Not doing your research before making investment decisions is a significant error. You can only profit if you what you are investing in and in what kind of market conditions;
- Timing the market: Attempting to predict short-term, rapid market movements can be challenging and result in missed opportunities or losses;
- Thinking short-term: Stocks are best seen as a long-term investment.
Pros and cons of investing in Bloom Energy stock
Pros
- Growth: Bloom Energy has been growing slowly but steadily;
- Innovative tech: Hydrogen energy solutions are gaining momentum, and Bloom Energy is positioned to profit from it;
- Renewable energy focus: Bloom Energy emphasizes clean and sustainable energy solutions, which makes it a solid ESG investment.
Cons
- No dividends: Bloom Energy does not pay a dividend;
- Competition: The company faces competition from giants such as Linde;
- Volatility: Like most stocks, BE shares can be volatile.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Bloom Energy stock
How do I buy Bloom Energy stock?
To purchase BE shares, you will need to open an account with a sock trading platform such as eToro.
When was Bloom Energy’s IPO?
Bloom Energy’s initial public offering was in 2018.
Does Bloom Energy pay a dividend?
No, Bloom Energy does not pay dividends.
What is Bloom Energy’s stock symbol?
The Bloom Energy ticker is BE. It is traded on the New York Stock Exchange.
Is Bloom Energy a safe investment?
Bloom Energy can be a safe investment if you understand the risks involved with stock investments, such as market competition, technological and regulatory risks, volatility in stock prices, etc.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
