Summary: In case you’re looking to buy Sunrun stock, the most convenient way is through a regulated online broker like eToro. The company is public, which means that anyone can invest in it.
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About Sunrun
Sunrun Inc. (NASDAQ: RUN) is one of the leading providers of residential solar energy solutions. Ever since it was founded in 2007, the company has been at the forefront of the solar energy revolution, offering solar panel installation, financing, and maintenance services to homeowners across the United States and other countries.
As more people embrace clean and sustainable energy sources, Sunrun has experienced significant growth, making it an attractive option for investors looking to tap into the renewable energy market. In fact, Sunrun was the fourth most-searched renewable energy stock on Google in 2022 by monthly searches.
Sunrun IPO
For those unaware, an initial public offering (IPO) is the first time a company’s shares are made available to the public on the stock market. And when it comes to Sunrun, it went public in 2015, and since then, its stock is available on major stock exchanges like the Nasdaq under the ticker symbol RUN.
How to buy Sunrun stock: Step-by-step process
As we’ve said, Sunrun is a publicly-traded company. This means that anyone can invest in its stock and potentially make a profit. Hence, if you’re looking to buy RUN stock, you can follow our step-by-step guide below.
- Step 1: Open a brokerage account (we recommend eToro);
- Step 2: Fund your account;
- Step 3: Research Sunrun;
- Step 4: Place an order;
- Step 5: Monitor your investment.
Step 1: Research and education
Before investing in any stock, it’s crucial to conduct thorough research about the company and the industry it operates in. In this case, you should look into Sunrun’s:
- Financial performance;
- Market share;
- Competitive advantages;
- Future prospects.
Through these, you’ll be able to better understand the dynamics of the solar energy sector. Additionally, it will provide you with an overview of how various factors, such as government policies, environmental trends, and technological advancements, affect its stock.
Step 2: Choose a brokerage account
When it comes to buying Sunrun stock, you’ll need to open a brokerage account. In essence, a brokerage account is a platform that allows you to buy and sell stocks, mutual funds, exchange-traded funds (ETFs), and other financial instruments.
Many online brokerages offer user-friendly interfaces and low fees, making it easier for average investors to start investing. However, there are so many of them that it might be confusing for novice investors to choose the perfect one.
Our go-to brokerage for investing in solar stocks is eToro. Aside from being fully regulated and licensed by reputable authorities, it also offers great features, such as:
- Commission-free stock trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- Charting tools;
- 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.
Step 3: Fund your account
After you choose a brokerage and create an account, you’ll need to fund it. Most brokerages accept bank transfers, credit card payments, or checks for account funding. Therefore, make sure you have enough money to cover the cost of purchasing RUN stock.
Step 4: Place an order
With your brokerage account funded, you’re ready to place an order to buy Sunrun stock. To do this, first search for Sunrun’s stock symbol RUN on your brokerage’s platform. Once you find it, click on Buy and select the number of shares you wish to purchase. You can also choose between different types of orders, such as market orders or limit orders.
A market order will execute immediately at the current market price, while a limit order allows you to set a specific price at which you are willing to buy the stock. If the stock’s price reaches your specified limit, the order will be executed. Keep in mind that stock prices can be volatile, so the execution of limit orders is not guaranteed.
Step 5: Monitor your investment
After buying Sunrun stock, it’s essential to keep an eye on your investment. The thing is—stock prices can fluctuate based on various factors. It’s, therefore, vital to stay informed about any developments that might impact the company’s performance or the renewable energy sector as a whole. So, be sure to regularly review your investment goals and make adjustments to your portfolio as needed.
Sunrun stock price today
Pros and cons of buying RUN stock
Pros
- Growing renewable energy demand: Sunrun is a leader in residential solar energy, a sector benefiting from increased demand for clean energy solutions and favorable government policies;
- Recurring revenue model: Sunrun’s business model relies on long-term solar leases, providing a stable and recurring revenue stream;
- Expansion potential: With increasing adoption of solar power and energy systems, Sunrun has significant growth opportunities;
- Tax incentives: Federal and state incentives for renewable energy projects can positively impact Sunrun’s profitability;
- Energy independence trend: Rising electricity costs and grid reliability concerns make Sunrun’s offerings attractive to homeowners.
Cons
- Volatility in stock price: Sunrun stock has shown high volatility, influenced by market sentiment toward growth stocks and renewable energy;
- Dependency on incentives: A significant portion of revenue depends on government tax credits and incentives, which may change;
- Debt levels: Sunrun carries substantial debt due to its capital-intensive business model, posing risks if cash flows falter;
- Competition: The solar market is becoming increasingly competitive with players like Tesla, SunPower, and others offering similar solutions;
- Macroeconomic risks: Rising interest rates can increase borrowing costs and reduce consumer affordability for solar systems.
Common mistakes to avoid when investing
While investing in the stock market can be rewarding, it also comes with risks. Here are some common mistakes to avoid when buying Sunrun stock or any other stock:
- Chasing fads: Avoid investing in a company solely because it’s currently trendy or receiving a lot of media attention. Conduct proper research and base your investment decisions on the company’s fundamentals and long-term prospects;
- Overlooking risks: Every investment carries some level of risk. Don’t invest more money than you can afford to lose, and be aware of the potential risks associated with Sunrun as a company and the renewable energy industry;
- Ignoring diversification: Diversifying your investment portfolio can help spread risk and improve your chances of achieving more stable returns. Don’t put all your money into a single stock; consider investing in a mix of different companies and industries;
- Emotional investing: Don’t let emotions drive your investment decisions. Stock prices can be highly volatile, and reacting impulsively to short-term price movements can lead to poor outcomes.
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 Sunrun stock
Is Sunrun a profitable company?
As an investor, it’s essential to assess a company’s profitability before investing in its stock. Review Sunrun’s financial statements, such as its income statement and balance sheet, to understand its profitability trends.
What are the potential risks of investing in Sunrun?
Like any investment, Sunrun stock carries certain risks. Factors such as changes in government policies, competition, and economic conditions can impact the company’s performance.
Can I buy Sunrun stock outside the United States?
Yes, many international investors can buy Sunrun stock through various global brokerage platforms like eToro. However, it’s essential to be aware of any specific regulations or requirements for international investors.
Should I buy Sunrun stock for the long term or the short term?
The decision to invest in Sunrun stock for the long term or short term depends on your investment goals, risk tolerance, and market outlook. Thus, consider your financial objectives before making this decision.
Does Sunrun pay dividends to its shareholders?
No, Sunrun does not currently pay dividends to its shareholders, choosing instead to reinvest earnings into the company’s growth and operations.
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.
