Summary: Since DELL’s shares (NYSE: DELL) are publicly traded, you can buy its stock on numerous regulated online broker platforms. To invest in DELL conveniently, we recommend registering with eToro, a regulated and trusted stock broker.
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About DELL
Headquartered in Round Rock, Texas, DELL Technologies is a global technology company known for its wide range of products and services. Founded by Michael Dell in 1984, the company initially started as a PC manufacturer but has since expanded its offerings to include servers, AI data storage solutions, software, and services.
DELL’s innovative approach to technology has made it a prominent player in the tech industry. The company serves a diverse customer base, including individuals, businesses, and institutions worldwide. DELL’s commitment to customer satisfaction and quality products has earned it a strong reputation in the market.
DELL IPO
Before diving into the steps to buy DELL stock, it’s important to understand the concept of an initial public offering (IPO). For those unaware, an IPO is the first time a private company offers its shares to the public. DELL went public in 1988, and it was underwritten by investment banks like Goldman Sachs, Morgan Stanley, and others.
How to buy DELL stock: Step-by-step
Now, let’s get into the step-by-step process of buying DELL stock:
Step 1: Choose a brokerage account
To buy DELL stock, you’ll need a brokerage account. A brokerage account is like a digital wallet where you can store and trade stocks. There are numerous popular online brokerage platforms out there; however, you should research as many as possible to find one that suits your needs and sign up for an account.
When it comes to investing in DELL, our go-to brokerage is eToro, a solid contender in the investment arena, boasting an extensive user base that exceeds 30 million registered accounts globally. Furthermore, it holds licenses from prestigious regulatory bodies such as FinCEN, ensuring a secure and regulated investment environment.
Here are some compelling features that position eToro as an outstanding choice for investors:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- A user-friendly platform that simplifies the trading experience.
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.
Note
Step 2: Fund your account
After opening your brokerage account, you’ll need to deposit funds into it. This money will be used to purchase DELL stock and any other investments you may want to make. You can fund your account through bank transfers, wire transfers, or linking it to your existing bank account.
Note
Step 3: Place an order
Once you’ve done your research and have funds in your brokerage account, you can place an order to buy DELL stock. So, log in to your brokerage account, search for DELL’s stock symbol (NYSE: DELL), and place a buy order.
You can choose between different types of orders, such as market orders, limit orders, or stop orders, depending on your investment strategy. To learn more about orders, you can check out our What is a Stop-Limit Order? Definition and Examples guide.
Step 4: Monitor your investment
After purchasing DELL stock, it’s essential to keep an eye on your investment. Namely, stock prices can fluctuate, so monitoring your portfolio regularly can help you make informed decisions about when to buy, sell, or hold onto your DELL shares.
DELL stock price today
Pros and cons of buying DELL stock
Before you decide to invest in DELL stock, it’s important to weigh the pros and cons:
Pros
- Strong reputation: DELL Technologies has a solid reputation in the tech industry, which can attract investors;
- Diversified portfolio: The company offers a wide range of products and services, reducing its dependence on any single market segment;
- Global presence: DELL operates globally, which can provide stability even in volatile markets;
- Growth potential: As the tech industry continues to evolve, DELL has opportunities for growth and innovation.
Cons
- Competition: DELL faces stiff competition from other tech giants, which can impact its market share and profitability;
- Market volatility: The tech sector is known for its volatility, which can lead to significant price fluctuations;
- Economic factors: Economic downturns can affect DELL’s sales, as businesses may reduce tech spending during tough times;
- Tech advancements: Rapid technological advancements can make DELL’s products and services obsolete if it doesn’t keep up with industry trends.
What to avoid when buying stocks
Investing in stocks can be rewarding; however, it’s key to be aware of some common investing mistakes, such as:
- Overtrading: Don’t make excessive trades. Frequent buying and selling can lead to high transaction costs and potential tax consequences;
- Ignoring research: Always research a company thoroughly before investing. Avoid investing in companies you don’t understand;
- Not diversifying: Don’t put all your money into a single stock or industry. Diversify your portfolio to spread risk;
- Letting emotions drive decisions: Fear and greed can lead to impulsive decisions. Stick to your investment strategy and avoid emotional trading.
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 DELL stock
Can I buy DELL stock directly from the company?
No, you typically can’t buy DELL stock directly from the company. You’ll need to use a brokerage account like eToro to purchase DELL shares.
What is DELL's stock symbol?
DELL’s stock symbol is DELL.
How do I choose the right brokerage account?
Choosing the right brokerage depends on your individual needs. You should, therefore, consider factors like fees, available investment options, research tools, and customer support when selecting a brokerage.
Is DELL a good long-term investment?
The potential for DELL to be a good long-term investment depends on your financial goals and risk tolerance. So, conduct thorough research and consider consulting a financial advisor before making a decision.
How do I sell my DELL stock?
Selling your DELL stock is similar to buying it. Just log in to your brokerage account, place a sell order, and follow the platform’s instructions.
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.
