How to Buy Veritone Stock [2024] | Invest in VERI

Summary: Buying Veritone (VERI) stock—a prominent tech company—offers a solid opportunity for investors to diversify their portfolios. What’s more, its stock is available for purchase to anyone, as it’s a publicly-traded company. The easiest yet fully secure way to do so is through one of many online broker services, such as Interactive Brokers.

About Veritone

Veritone is a cutting-edge technology company that specializes in artificial intelligence (AI) solutions. Founded in 2014, Veritone’s AI-driven platform analyzes and processes vast amounts of data, enabling organizations to make informed decisions and gain valuable insights. The company’s innovative solutions find applications across various industries, including media, legal, government, and more.

Veritone IPO

Veritone went public through an Initial Public Offering (IPO) in 2017, with its stock traded under the ticker symbol VERI on various stock exchanges around the world. As such, anyone can invest in it through regulated brokerages.

How to buy Veritone stock: Step-by-step

As mentioned, Veritone is a publicly-traded company, meaning anyone can invest in it through a regulated brokerage. If you’re looking to buy its stock, you can follow our step-by-step guide right here.

Step 1: Choose a reliable stock broker

Before you can buy Veritone stock, you’ll need to open an account with a reputable stock brokerage. For those unaware, a brokerage is a platform that allows you to buy and sell stocks. Therefore, you should look for a brokerage that offers user-friendly interfaces, low fees, and a wide range of investment options.

That said, our go-to brokerage for buying Veritone stock is Interactive Brokers. A fully regulated and licensed online broker service, IBKR is home to thousands of investors worldwide. Some of the reasons why it’s so popular include:

• Commission-free stock trading;
• Global stock-trading on 90+ market centers;
• Fractional shares availability;
• Extra income on fully paid shares;
• Lowest financing rates for margin accounts in the industry;
• No account minimum.

 

Step 2: Fund your account

Once you decide which brokerage suits your investment strategy best, you’ll need to open an account and fund it. Opening an account is a straightforward process, regardless of which platform you settle on. So, the next step is to fund it. You can do so through bank transfers, credit and debit cards, or other supported payment methods. Nevertheless, make sure that you have enough funds to cover the amount of VERI stock you wish to purchase, as well as any other additional fees that might come into play.

Step 3: Research Veritone

Sure enough, if you’ve come this far, you’re settled on buying VERI stock. However, it would be a wise decision to research Veritone before actually making a purchase. By this, we mean understanding its business model, recent financial performance, and future prospects. Additionally, you can consider factors such as revenue growth, profitability, and competitive advantages of buying VERI stock.

Step 4: Place an order

Once you do your research, it will be time to place an order to buy VERI stock. This can typically be done through your brokerage’s trading platform. Namely, you’ll need to specify the number of shares you want to purchase and the price at which you’re willing to buy.

Step 5: Review and confirm

Before finalizing your purchase, carefully review your order to ensure all the details are accurate. It’s key to double-check the number of shares and the price per share. Therefore, once you’re satisfied, you can proceed to confirm the order.

Step 6: Monitor your investment

Being a shareholder of Veritone isn’t the end of the road. In fact, a smart way to go about it would be to continue and monitor your investment. Hence, stay updated on Veritone’s performance and any relevant stock market news. The thing is—stock prices can be volatile, so it’s important to make informed decisions based on market trends and the company’s development.

VERI stock price today

Common mistakes to avoid when buying stock

One of the most common mistakes novice investors make is not doing enough research. However, investing without thoroughly understanding the company can lead to poor decisions. As such, it’s essential to take the time to research and analyze Veritone’s financial and industry trends. But besides that, you should also avoid:

• Overlooking fees: Some investors forget to consider trading fees, which can eat into your profits over time. As such, be aware of any commissions or fees associated with buying and selling Veritone stock;

• Ignoring diversification: While Veritone may seem like an attractive investment, it’s crucial to diversify your portfolio to spread risk. So, don’t put all your eggs in one basket;

• Emotional investing: Letting emotions guide your investment decisions can lead to impulsive actions. You should, therefore, stay rational and stick to your investment strategy;

• Timing the market: Trying to predict the perfect time to buy can be challenging and often results in missed opportunities. Instead, focus on the long-term potential of your investment.

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 Veritone stock

Can I buy Veritone stock directly from the company?

No, you’ll need to buy Veritone stock through a brokerage account. One of the most convenient and safe ways to do so is by using Interactive Brokers.

How can I stay updated on Veritone's performance?

You can follow Veritone’s stock performance on financial news websites, your brokerage’s platform, and Veritone’s investor relations page.

Is investing in Veritone considered high risk?

All investments carry some level of risk. Therefore, make sure to assess your risk tolerance and even consider consulting a financial advisor.

Can I sell my Veritone stock at any time?

Yes, you can sell your Veritone stock at any time the stock market is open. Of course, provided there’s a willing buyer.