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Summary: Lexus is a luxury automotive brand known for its commitment to craftsmanship, innovation, and unparalleled quality. Unfortunately, you can’t buy Lexus stock directly. You can instead invest in its owner, Toyota Motor Corporation (NYSE: TM), by registering an account with a reputable broker platform like eToro.
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About Lexus
Lexus is a division of the Japanese automaker Toyota Motor Corporation and has established itself as a prominent player in the luxury vehicle market. Known for its commitment to craftsmanship, innovation, and unparalleled quality, Lexus has become synonymous with luxury and performance. The brand encompasses a range of vehicles, from sleek sedans to powerful SUVs, catering to a diverse market of discerning consumers.
Who owns Lexus?
Lexus is owned by Toyota Motor Corporation, a global automotive giant headquartered in Japan. Toyota, founded in 1937, has grown to become one of the largest and most successful automakers in the world. The company’s commitment to quality, reliability, and innovation has not only propelled the success of Toyota vehicles but also contributed to the prominence of the Lexus brand within the luxury automotive sector.
How to buy Lexus stock: Step-by-step
To invest in Lexus, you can buy Toyota stock. The process can be simple if you follow our step-by-step guide below.
Step 1: Choose a broker
The first step in acquiring Toyota stock is to choose a reputable brokerage platform. Brokers act as intermediaries, facilitating the buying and selling of stocks on various stock exchanges. Our go-to broker is eToro, a widely popular platform that offers:
- 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
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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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.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
When selecting a broker, you should consider factors such as:
- Fees;
- User interface;
- Customer support
- Range of investment options.
Step 2: Fund your account
Once you’ve chosen a broker, the next step is to fund your investment account. Most brokerage platforms offer multiple funding options, including bank transfers and electronic transfers.
Note
Step 3: Place an order
After funding your account, it’s time to place an order for Toyota stock. So, navigate to the trading platform on your chosen brokerage website or app, search for Toyota stock using its ticker symbol (TM), and select the number of shares you wish to purchase.
When placing an order, you can choose between different order types, such as market order and limit order. Namely, market orders execute at the current market price, while limit orders execute at a specified price.
Toyota stock price today
Pros and cons of investing in Toyota
Pros
- Stability and longevity: Toyota, as the parent company of Lexus, is known for its stability and long-term success in the automotive industry;
- Dividend payments: Toyota has a history of paying dividends to its shareholders, providing a potential income stream for investors;
- Global presence: With a strong global presence, Toyota is positioned to benefit from various markets worldwide, contributing to the overall strength of its stock.
Cons
- Market volatility: Like any stock, Toyota’s stock can be influenced by market fluctuations and economic conditions;
- Competitive industry: The automotive industry is highly competitive, and external factors, such as changes in consumer preferences or global economic conditions, can impact stock performance;
- Currency risks: Toyota, being a Japanese company, may be affected by currency exchange rate fluctuations, which can influence its stock value.
If you’re looking to invest in the automotive industry, feel free to check out our other investing guides, including:
- How to Buy BMW Stock;
- How to Buy Ford Stock;
- How to Buy Honda Stock;
- How to Buy Hyundai Stock;
- How to Buy Nissan Stock;
- How to Buy Renault Stock;
- How to Buy Jeep Stock;
- How to Buy Subaru Stock;
- How to Buy Volvo Stock;
- How to Buy Volkswagen Stock;
- How to Buy Cadillac Stock;
- How to Buy Kia Stock;
- How to Buy Audi Stock;
- How to Buy Mazda Stock.
Common mistakes to avoid when investing in stocks
Investing in stocks requires careful consideration to avoid common mistakes and pitfalls. Therefore, let’s take a look at some mistakes to steer clear of:
- Ignoring research: Failing to research the company and market conditions can lead to uninformed investment decisions. So, take the time to understand the factors that may influence the stock’s performance;
- Overlooking diversification: Putting all your investment funds into a single stock, even one as reputable as Toyota, can expose you to unnecessary risk. You should, instead, diversify your portfolio with different assets that can help mitigate risk;
- Emotional trading: Emotional decision-making, driven by fear or greed, can lead to impulsive actions. Develop a sound investment strategy and stick to it, regardless of short-term market fluctuations.
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 Lexus stock
What is Lexus' stock symbol?
Lexus doesn’t have a separate stock symbol, as it’s a luxury vehicle division of Toyota Motor Corporation. Therefore, to invest in Lexus, you can look at Toyota’s stock, traded under the symbol TM on the New York Stock Exchange.
Does Lexus have a stock?
Lexus doesn’t have its own individual stock, since it’s a division of Toyota Motor Corporation.
Can I buy Lexus stock directly from the company?
No, Lexus stock isn’t traded publicly. You can, however, invest in its owner, Toyota Motor Corporation (NYSE: TM), through brokerage platforms like eToro.
How often does Toyota pay dividends?
Toyota typically pays dividends on a semi-annual basis. The company’s board of directors determines the specific timing and amount of dividends.
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.
