How to Buy UPS Stock [2024] | Step-by-Step

Summary: UPS (NYSE: UPS) is a publicly traded American shipping and receiving company that operates across the globe. The most convenient way to buy UPS stock is through a reputable brokerage platform like eToro.

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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.

About UPS

United Parcel Service, commonly known as UPS, is a multinational package delivery and supply chain management company headquartered in the United States. Founded all the way back in 1907, UPS has grown into one of the largest and most recognizable delivery companies in the world, serving millions of customers every day with its extensive network and efficient operations.

UPS IPO

UPS went public with its IPO in 1999. Since then, it has become a staple in many investors’ portfolios, offering opportunities for long-term growth and stability. Its stock is listed on the New York Stock Exchange (NYSE) under the symbol UPS.

How to buy UPS stock: Step-by-step

For those looking to buy UPS stock, you can follow our step-by-step guide below.

Step 1: Choose the right broker

The first step in buying UPS stock is to choose a reputable brokerage firm. A brokerage firm acts as an intermediary between you and the stock market, allowing you to buy and sell stocks. There are many online brokerage platforms available, each with its own set of features and fees. Nevertheless, our go-to broker is eToro, a popular platform with a host of solid investing features, some of which include:

• Commission-free stock trading;
• Access to over 2,000 stocks from 17 different exchanges;
• The option to purchase fractional shares;
• Charting tools;
• A user-friendly platform that simplifies the trading experience. 

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

Get Started

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.

Step 2: Fund your account

Once you’ve selected a broker, you’ll need to fund your brokerage account. Most brokers offer various funding options, such as bank transfers, wire transfers, or electronic transfers from linked accounts. As such, simply follow your broker’s instructions to deposit funds into your account.

Step 3: Place your order

After funding your brokerage account, you’re ready to place your order to buy UPS stock. Here’s how to do it:

• Log in to your brokerage account;
• Navigate to the trading platform or order entry page;
• Enter the stock symbol for UPS (NYSE: UPS) into the order entry form;
• Specify the number of shares you want to purchase;
• Choose the type of order you want to place (market order, limit order, etc.);
• Review and confirm your order;
• Once your order is executed, you’ll become a shareholder of UPS.

UPS stock price today

Is UPS stock a buy, sell, or hold?

To better understand whether to buy, sell, or hold UPS stock, feel free to check out this technical analysis widget from TradingView. It shows a dynamic overview of UPS stock, using diverse technical indicators like moving averages and oscillators to provide a real-time snapshot of its present trends and potential future trajectory.

Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.

Pros and cons of buying UPS stock

Pros

• Strong brand: UPS is a well-established and trusted brand with a global presence;
• Stable dividend: UPS has a history of paying dividends to its shareholders, providing potential income opportunities;
• Growth potential: As e-commerce continues to expand, UPS is poised to benefit from increased demand for package delivery services.

Cons

• Competition: UPS faces competition from other delivery companies and emerging technologies;
• Economic factors: Economic downturns or fluctuations in consumer spending could impact UPS’s business;
• Regulatory risks: Changes in regulations or government policies could affect UPS’s operations and profitability.

Common investing mistakes to avoid when buying stocks

Failing to research a company before investing can lead to poor investment decisions, and it’s one of the most common investing mistakes that you can face. Still, it’s not the only one, so you should also be wary of these two as well:

• Emotional investing: Letting emotions, such as fear or greed, drive investment decisions can result in buying or selling stocks at the wrong time;

• Ignoring diversification: Putting all your money into one stock, like UPS, increases your risk if that stock performs poorly.

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 UPS stock

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

Get Started

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.