![How to Buy Intel Stock [2023] | Invest in INTC](https://assets.finbold.com/uploads/2023/08/How-to-buy-Intel-stock-1.jpg)
Summary: Intel, one of the biggest names in the technology sector, trades on the NASDAQ under the ticker symbol INTC. In this line, investors can easily buy Intel stock on online brokerages such as eToro.
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About Intel
Founded in 1968 by Robert Noyce and Gordon Moore, Intel’s legacy is deeply rooted in innovation, marked notably by the development of the world’s first microprocessor in 1971. Over the decades, Intel has been instrumental in shaping the digital landscape, evolving from its initial role in personal computers to driving advancements in data centers, cloud computing, and cutting-edge artificial intelligence (AI) solutions.
Intel is publicly listed on the NASDAQ exchange under INTC and is a component of the Nasdaq-100, the Dow Jones Industrial Average (DJIA), the S&P 100, and the S&P 500 indexes.
How to buy Intel stock | Step-by-step process
To invest in INTC, follow the steps outlined below.
To navigate this exciting domain, explore some of our comprehensive AI stock guides designed to offer insights and strategies for potential investors, including:
- How to buy Chat GPT stock;
- How to buy Open AI stock;
- How to invest in AI stocks;
- Artificial intelligence stocks.
Step 1: Choose a broker
To begin your investment journey, sign up with a reputable broker. While numerous investment platforms are available, choosing one that aligns with your financial goals and is tailored to your unique investing preferences and needs is crucial.
To buy Intel stock, we recommend using eToro, which is fully regulated and offers a variety of features, including:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares;
- 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.
How to choose the best online broker?
Here’s a quick guide to help you choose the best online broker:
- Fees and commissions: Compare the commission rates for trades, account maintenance fees, and be wary of any hidden fees;
- Platform usability: Opt for an intuitive platform or one with advanced features if needed;
- Research tools and resources: Look for platforms that provide quality research tools, educational resources, and real-time market data to help you make informed decisions;
- Account types: Determine if the broker offers the type of account you need, whether it’s a standard brokerage account, retirement account (like an IRA), or a margin account;
- Minimum deposit: Some brokers require a minimum amount to open an account. Ensure this aligns with your budget;
- Customer service: Consider the broker’s reputation for customer support. Do they offer live chat, phone support, or email responses? Check response times and the quality of assistance;
- Security: Ensure the broker uses state-of-the-art encryption and has a solid track record of safeguarding users’ data and funds;
- Mobile trading: If you plan to trade on the go, check if the broker has a functional and reliable mobile app;
- Product variety: Ensure the broker provides access to the types of securities you’re interested in, such as stocks, bonds, ETFs, mutual funds, or more complex derivative instruments like options and futures;
- Fractional shares: Determine if the broker allows you to buy and sell fractional shares, a game-changer for diversifying a portfolio on a budget;
- Regulation and insurance: Ensure the broker is regulated by recognized authorities and that your investments are covered by insurance.
Step 2: Open an account
Opening an account with your chosen broker is the next step in your investment journey. It typically involves the following steps:
- Visit the broker’s platform: Access the broker’s website or mobile app;
- Sign up: Click on the “Open Account” or “Sign Up” option;
- Provide details: Fill in the required personal and financial information;
- Answer questions: Some platforms may ask about your investment experience and goals;
- Verification: Await confirmation after the broker verifies your details;
- Set security: Create a strong password and activate two-factor authentication if available.
Step 3: Fund your account
Once your trading account is activated, the next step is to fund it. Navigate to the “deposit” or “fund your account” section on the broker’s platform. Here, you’ll typically find multiple funding options, such as bank transfers, credit/debit card deposits, or third-party payment services, such as PayPal (PYPL), depending on the broker. Choose a method that’s convenient for you and follow the on-screen instructions.
Ensure you’re aware of any deposit fees or minimum deposit requirements. After initiating the transfer, the funds might take anywhere from a few minutes to a few days to reflect in your trading account, contingent on the chosen method and the broker’s processing times.
Step 4: Place your order
Now that you’ve deposited money into your account, you can place an order to buy Intel stock. To do so, follow these steps:
- Log in: Access your broker’s platform and log in to your account;
- Search: Locate Intel using its ticker symbol INTC;
- Select order type: Choose from market, limit, stop-loss, or other available options;
- Input quantity: Specify the number of shares you want to buy or the dollar amount you want to invest;
- Review: Double-check all details to ensure accuracy;
- Confirm: Click the “Buy” or “Trade” button to send the order for execution;
- Await execution: Your broker will handle the transaction; once completed, you’ll receive a confirmation.
Step 5: Monitor your investment
Monitoring your investment in Intel requires a mix of regular check-ins as well as a broader understanding of market dynamics. To start, make sure to stay updated with Intel’s quarterly earnings, official announcements, and any significant market news.
In addition, keep an eye on its key competitors in the semiconductor industry, such as AMD (NASDAQ: AMD), Samsung, Texas Instruments (NASDAQ: TXN), Broadcom (NASDAQ: AVGO), or NVIDIA (NASDAQ: NVDA), as their performance can influence or indicate trends affecting Intel.
Lastly, track the tech sector’s benchmark indices. This will provide context for Intel’s performance, helping discern whether its movements are company-specific or influenced by broader market trends.
Intel stock price today
Pros and cons of buying Intel stock
Pros
- Established player: Intel is a long-standing and dominant player in the technology sector and semiconductor industry, more specifically. Its brand recognition and established customer base provide a level of stability;
- Diversified business: Intel operates in various industries, including semiconductors, computer hardware, autonomous cars, and AI, providing multiple revenue streams and acting as a potential buffer against downturns in any single segment;
- Income generating: Intel pays dividends to its shareholders. Its current (as of December 2023) dividend yield is 1.09%
- R&D investments: Intel invests heavily in research and development, positioning it to innovate and stay competitive in the evolving tech landscape.
Cons
- Fierce competition Intel faces relentless competition in the semiconductor arena, squaring off against formidable players like AMD and NVIDIA, potentially affecting the company’s long-term profitability and market share;
- Manufacturing delays: Intel has encountered supply chain challengesthat have impacted its ability to meet demand promptly. These disruptions can lead to delays in product deliveries, potential revenue losses, and strained relationships with customers and partners, affecting the company’s reputation and bottom line;
- Performance: Intel’s stock has declined over the past five years, raising questions about the company’s competitive positioning and future growth prospects in an ever-evolving tech landscape.
In conclusion
In short, to buy Intel stock, follow these five steps:
- Choose a broker;
- Register an account;
- Deposit funds to your account;
- Buy Intel stock;
- Periodically review your position in INTC and adjust your portfolio accordingly.
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 Intel stock
How to buy Intel stock?
To buy Intel stock, you need to open an account with an online stockbroker. Once your account is set up and funded, navigate to the stock’s detail page by searching for INTC, decide the amount you want to invest, specify the order type, and place your order for execution.
How do I sell my Intel stock?
To sell your Intel stock, sign in to your brokerage account, go to the stock’s detail page, enter the number of shares or dollar amount you want to offload (again, you can choose between a market and a limit order), and tap sell.
Where can I buy Intel stock?
You can buy Intel stock using an online brokerage like eToro.
Should I buy Intel stock?
While Intel is a well-established player in the semiconductor industry, deciding to invest in its stock should be based on thorough research, financial goals, and risk tolerance. Past performance, industry trends, and Intel’s current market position are factors to consider. It’s always recommended to consult with a financial advisor for personalized advice before making any investment decision.
Does Intel pay a dividend?
Yes, Intel pays a dividend to its shareholders.
Can you invest in Intel with ETFs?
As a component of the Nasdaq-100, the DJIA, the S&P 100, and the S&P 500, Intel can be found in many ETFs. You can buy shares of ETFs just like stocks using online brokers.
Why is Intel stock so cheap?
Intel’s stock price is influenced by various factors, such as competitive pressures, technological delays, and broader market dynamics. Indeed, over the past few years, competition from companies like AMD and production delays may have affected investor sentiment and lowered the stock price. That said, a lower stock price doesn’t necessarily reflect the company’s overall health or its future potential
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.
