Allete is a diversified utility company located in Minnesota, United States, which is part of the Utilities sector, and is traded under the ticker ALE on the NYSE exchange.
Allete stock last closed at $56.09, down 1.01% from the previous day, and has decreased 8.33% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0 percentage points. Allete stock is currently +13.8% from its 52-week low of $49.29, and -15.89% from its 52-week high of $66.69.
There are currently 57.58M shares of ALE outstanding. The market capitalization of ALE is $3.23B. In the past 24 hours, 189,204 ALE shares were traded.
How to Buy Allete Stock
Not sure how to invest in Allete stock? Here's how.
Figure out where to buy Allete stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Allete stock.
Fund your brokerage account: Select your payment method and add your information.
Evaluate Allete stock: The Allete ticker symbol is ALE. Is Allete stock a good investment? Should you buy shares of ALE? How do ALE's underlying business fundamentals look? Do top analysts think Allete is a good buy? Why has ALE's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if ALE is a good stock to buy).
Place your ALE buy order: Decide if you will purchase ALE shares at the current market price or use a limit order to purchase ALE shares at a specific price.
Get updates on your ALE position: Create a watchlist to get live updates on your investment in Allete stock.
Step 1: Figure out where to buy Allete stock
You will need an online brokerage account to access the NYSE market and buy ALE shares.
A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to buy ALE today.
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Step 5: Place your ALE buy order
There are two main types of orders:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are mostly sufficient.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.