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How to Buy SolarEdge Technologies Stock | Invest in SEDG

How to Buy SolarEdge Technologies Stock | Invest in SEDG
Diana Paluteder

Summary: SolarEdge Technologies is a clean energy solutions company that trades on the NASDAQ exchange under the ticker SEDG, meaning you can buy SolarEdge Technologies stock on trading platforms like eToro.

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About SolarEdge Technologies 

SolarEdge Technologies homepage. Source: Solaredge.com

SolarEdge Technologies Corporation (NASDAQ: SEDG) is an American-Israeli clean energy solutions company, established in 2006, that designs, develops and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations globally. SolarEdge’s products are used in a wide variety of solar market segments, from residential to commercial and transportation applications. 

SolarEdge Technologies trades on the NASDAQ under the stock symbol SEDG and is a component of the S&P 500. 

How to buy SolarEdge Technologies stock? Step-by-step process

Here is a simple step-by-step guide to buying SolarEdge Technologies stock. 

Step 1: Choose a broker

When assessing brokers, consider these factors:

  • Product listings: Verify that the broker provides access to NASDAQ and SEDG;
  • Pricing: Look for a broker that offers commission-free stock trading;
  • Technical analysis tools: Seasoned traders might want to check if the broker offers access to charting tools;
  • Regulation and security: Ensure the broker is regulated by the relevant regulatory bodies and that they have implemented appropriate measures to protect your data and funds;
  • Fractional shares: Look for a broker that offers fractional share trading. This will allow you to purchase stocks or ETFs by the dollar amount you’re comfortable with, no matter the share price. 

After evaluating numerous online brokers, we recommend eToro, which offers:

  • 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.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

If you’re interested in diversifying your portfolio within the solar and renewable energy sector and under the characteristics of impact investing, here are some additional stocks to consider:

Step 2: Open and fund your account

Typically, various depositing options will be available to you, including a bank transfer, debit or credit card, or a third-party payment provider like PayPal (PYPL). Once your account is funded, you’re ready to start investing.

Step 3: Decide how much you want to invest

Your personal financial circumstances, risk appetite, and investment goals will determine how much money you invest. Start by assessing your disposable income – the remaining income after all necessary expenditures and savings have been taken care of – it’s recommended not to invest money you can’t afford to lose or might need for immediate expenses. 

Bear in mind, however, that investing in the stock market involves risk, including the complete loss of your investment. Consequently, seeking advice from a financial advisor could be beneficial in navigating this process.

Once you’ve decided how much you want to invest, you can place your order and buy SolarEdge stock. Do this by logging into your brokerage account, searching for the ticker SEDG, and clicking on ‘Open Trade’ or ‘Buy.’ 

You’ll have two execution options:

  • Market Order: An order fulfilled instantly at the current market rate;
  • Limit order: An order that gets executed at your predetermined price point.

Step 5: Monitor your investment

Periodically reassess your investment in the company to ensure you’re on track to reach your financial goals but avoid making hasty decisions based on short-term market volatility.

How to buy SolarEdge Technologies stock: Invest indirectly 

As a constituent of the S&P 500, any ETF tracking the index will include SolarEdge stock in its portfolio. That said, SolarEdge makes up just 0.04% of the fund and will only offer minimal exposure to the company. 

Instead, if you want more concentrated exposure to the solar and clean energy sector, consider iShares Global Clean Energy ETF (NASDAQ: ICLN), where SolarEdge Technologies forms a substantial 3.27% of the fund. This approach will also address a significant hurdle investors often encounter in emerging sectors – distinguishing between potential winners and underperformers. Yes, some of the fund’s holdings might underperform. However, a good number of them are likely to exceed expectations, which can balance out any potential disappointments.

SolarEdge Technologies stock price today

Pros and cons of buying SolarEdge Technologies stock

Pros

Pros

  • Growing industry: The solar energy industry is projected to grow significantly in the coming years due to rising global demand for renewable energy sources. This is likely to boost the prospects of SolarEdge Technologies;
  • Strong market presence: The company has a robust market presence worldwide and a growing customer base, which could help them capitalize on the growth opportunities in the industry;
  • Environmental considerations: By investing in SolarEdge, you also support renewable energy initiatives, which can be an essential consideration for socially responsible investors.
Cons

Cons

  • Regulatory hurdles: The company’s operations are subject to various local, state, national, and international laws, regulations, and standards. Any changes in these can impact the company’s business;
  • Dependence on suppliers: SolarEdge’s business model is highly dependent on a range of suppliers for raw materials and components. Any disruption in the supply chain can impact their ability to deliver products and services;
  • Technological risks: SolarEdge must continually innovate to stay competitive as technology evolves. Failure to do so could result in loss of market share.

In conclusion 

In short, to buy SolarEdge Technologies stock, follow these five steps:

  1. Select a broker;
  2. Open an account with them;
  3. Decide on the amount you want to allocate to SEDG;
  4. Buy the shares;
  5. Periodically review your position.

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 SolarEdge Technologies stock

How to buy SolarEdge Technologies stock?

SolarEdge Technologies is listed on the NASDAQ under the ticker symbol SEDG, which means you can buy shares of SolarEdge Technologies from any online broker that offers access to the company stock.

How do I sell my SolarEdge Technologies stock?

Selling your SolarEdge Technologies stock is pretty straightforward: Log on to your brokerage account, navigate to the stock’s detail page, input the number of shares or dollar amount you want to get offload, and tap sell.

Where can I buy SolarEdge Technologies stock?

You can buy SolarEdge Technologies stock from a variety of online trading platforms or brokers, such as eToro.

Is SolarEdge Technologies stock a buy?

Whether SolarEdge Technologies stock is a “buy” depends on various factors, including market conditions, the company’s financial health, and your personal investment strategy and risk tolerance. It’s essential to conduct thorough research or consult a financial advisor to make an informed decision based on the latest information and your financial goals.

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.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

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