Summary: Edwards Lifesciences is the global leader in innovative medical devices for structural heart diseases, critical care, and surgical monitoring. This guide will show how to buy Edwards Lifesciences stock using a reputable investing service like eToro.
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About Edwards Lifesciences
Founded in 1958 and headquartered in Irvine, California, the company has multiple manufacturing facilities in Utah, Costa Rica, the Dominican Republic, Puerto Rico, Singapore, and Ireland. Among its trademark products is the SAPIEN transcatheter aortic heart valve.
Edwards Lifesciences operates globally, in cooperation with healthcare experts, to deliver advances in life-saving patient outcome-improving technologies. The company is dedicated to social causes in addition to shaping the landscape of cardiovascular medicine. Furthermore, it is a component of the S&P 500 index.
Edwards Lifesciences trades on the NYSE stock market under the symbol EW.
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How to buy Edwards Lifesciences stock: step-by-step
Using a regulated investing platform, you can purchase shares in Edwards Lifesciences in a couple of steps within minutes. Do the following to invest in this medical technology company:
Step 1: Choose a broker
You have to access the stock market using a third-party broker to buy Edwards Lifesciences stock. The most optimal method is via a regulated online investing service.
To securely buy Edwards Lifesciences stock, we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- 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.
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eToro USA is registered with FINRA for securities trading.
Step 2: Open and fund your account
When you finalize your selection of the brokerage, continue to create and verify your new account. The service will email you the right instructions within minutes.
After you complete the verification of your account, you should deposit some funds to prepare to buy Edwards Lifesciences stock. Commonly available funding methods include bank transfers, debit or credit cards, and transaction services like PayPal.
Step 3: Decide how much you want to spend on buying Edwards Lifesciences stock
Denoting your budget limits before buying shares in Edwards Lifesciences is required for a successful investment outcome. Going beyond your financial capabilities can cause severe issues and lead to spiraling debt. To secure a stable and safe investment, make sure you have done the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Remember
Step 4: Place your order and buy Edwards Lifesciences stock
Next comes placing an order and purchasing shares in Edwards Lifesciences. Go through the following steps:
- Step 1: Log into your account and find Edwards Lifesciences’ ticker symbol (EW);
- Step 2: Type in the cash amount or the number of shares in Edwards Lifesciences you want to buy;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Step 5: Monitor and manage your investment
Investors obtaining individual stocks should be ready to regularly manage and monitor their portfolios. For higher success chances, you should also closely observe the ongoing market trends and frequently update your information on Edwards Lifesciences and the general state of the medical devices industry.
Remember
Edwards Lifesciences stock price today
Pros and cons of buying Edwards Lifesciences stock
Pros
- Solid market presence: Edwards Lifesciences occupies a leading market position in the segments it operates in, which can be lucrative to investors;
- Innovation: Edwards Lifesciences has built a reputation for its innovative medical devices, particularly in the field of cardiovascular disease. The dedication to innovation can give a competitive edge and potential for revenue growth;
- Aging population: As the global median age increases, there is a rising demand for medical solutions related to heart diseases, a critical area of focus for Edwards Lifesciences;
- Strong financial performance: Positive financial indicators, such as historical revenue growth and profitability, can make Edwards Lifesciences an appealing investment option.
Cons
- Healthcare dependency: Shifts in healthcare regulations and policies can affect the medical devices industry. Edwards Lifesciences may show vulnerability in a changing regulatory landscape;
- Research and development risks: Investments in research and development always carry a degree of risk and may not always lead to successful product launches. As Edwards Lifesciences invests heavily in research, failure can impact its financial performance;
- Competition: The medical device sector is competitive, and Edwards Lifesciences faces strong competition from other brands developing similar technologies. Market dynamics can affect the company’s market share and pricing;
- Global economic conditions: Edwards Lifesciences operates on a global scale, and economic downturns or uncertainties in key markets can lower the demand for its products.
For more investment opportunities in the medical industry, check out the following guides:
- Top 3 Alzheimer Drug Stocks to Buy;
- 3 Best Cancer Drug Stocks to Buy;
- Top 3 Obesity Drug Stocks to Buy;
- Top 3 Biotech Penny Stocks to Buy;
- Top 5 Psychedelic Stocks to Buy;
- How to Buy Psychedelic Stocks;
- How to Buy Cannabis stocks;
- 5 Big Pharma Stocks to Buy.
You may also want to explore some prominent brands in the medical sector with a solid position in the medical device market, including:
- Abbot Laboratories (ABT);
- Thermo Fisher Scientific (TMO);
- Danaher Corporation (DHR);
- Johnson and Johnson (JNJ).
Common mistakes to avoid when buying Edwards Lifesciences stock
Make sure to avoid these common investing mistakes:
- Lack of research: Research Edwards Lifesciences and its stock in detail, along with the market state of the cardiovascular device and medical technology industries, before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals;
- Fear of missing out: If the numbers do not add up, do not invest: it is better to miss out than lose money.
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 Edwards Lifesciences stock
Who owns Edwards Lifesciences?
The five largest Edwards Lifesciences owners are The Vanguard Group, Inc. (8.09%), BlackRock Fund Advisors (5.20%), Capital Research & Management Co. (4.99%), SSgA Funds Management, Inc. (4.36%), and AllianceBernstein LP (3.75%).
Did Edwards Lifesciences stock split?
Edwards Lifesciences stock split two times, with the last one being in 2015.
What's Edwards Lifesciences' stock symbol?
Edwards Lifesciences trades on the NYSE under the ticker symbol EW.
How do I buy Edwards Lifesciences stock?
You can buy shares in Edwards Lifesciences on the stock exchange using an investing service like eToro.
Where can I buy Edwards Lifesciences stock online?
Investors can buy Edwards Lifesciences stock online from the market that lists it. You will have to use a brokerage platform like eToro.
Does Edwards Lifesciences pay dividends?
Unfortunately, Edwards Lifesciences stock does not pay dividends as of January 2024.
Is Edwards Lifesciences a buy or a sell?
This depends on several factors, including the state of the medical technology and cardiovascular devices markets and the company’s financial status. Make sure to do your own research to maximize the success chance of your investment.
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.
