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How to Buy Solventum Stock

Solventum Corp

Solventum is a medical device company located in Minnesota, United States, which is part of the Healthcare sector, and is traded under the ticker SOLV on the NYSE exchange.

Solventum stock last closed at $62.44, down 4.09% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Medical Devices industry by N/A percentage points. Solventum stock is currently +2.83% from its 52-week low of $60.72, and -13.76% from its 52-week high of $72.40.

There are currently 172.71M shares of SOLV outstanding. The market cap of SOLV is $10.78B. In the last 24 hours, 2.79M SOLV shares were traded.

How to Buy Solventum Stock

Not sure how to invest in Solventum stock? Here's how.
  1. Decide where to buy Solventum stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Solventum stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your information.
  4. Analyze Solventum stock: The Solventum ticker symbol is SOLV. Is Solventum stock a good investment? Should you buy shares of SOLV? How do SOLV's underlying business fundamentals look? Do top analysts think Solventum is a good buy? Why has SOLV's stock price moved recently? (Hint: Our stock market research tools can help you understand if SOLV is a good stock to buy).
  5. Place your SOLV buy order: Decide if you will purchase SOLV shares at the current market price or use a limit order to buy SOLV stock at a particular price.
  6. Track your SOLV investment: Create a watchlist to get live updates on your investment in Solventum shares.

Step 1: Decide where to buy Solventum stock

You need a brokerage account to access the NYSE market and buy SOLV stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy SOLV today.

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  1. Click here to get started.
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  2. Input your personal details to open a new trading account.
  1. Submit your details by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:

Check out the video below to see the process of depositing funds into your new investment account.

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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.

Step 4: Analyze Solventum stock

Once you have figured out the best place to buy Solventum stock, it's absolutely critical to research their stock prior to buying, so you actually understand the risk and upside.

Solventum Metrics

SOLV Price
$62.44
1w %
-6.01%
1y %
N/A
5y %
N/A
P/E
N/A
P/B
2.8x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$10.78B
Next Earnings
N/A
Next Dividend
N/A

Solventum Overview

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on SOLV's stock page.

Is SOLV stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge SOLV's fair value.

Using relative valuations measures:

  • SOLV could be undervalued based on its P/B ratio of 2.8x, relative to Medical Devices industry P/B ratio of 3.97x

You can do more valuation research on SOLV's stock here.

SOLV Financial Health Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the SOLV balance sheet.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the SOLV balance sheet.
  • SOLV has a relatively high debt to equity ratio of 2.82.

Is SOLV stock a Buy, Hold, or Sell, according to analysts?

Out of 3 Equities analysts who track SOLV, the consensus analyst rating on Solventum is a Hold

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Solventum stock forecast page.

SOLV Momentum

SMA10
64.57
SMA20
64.17
SMA50
N/A
SMA100
N/A
SMA200
N/A
MACD
N/A
MACD Signal
N/A
MACD Histogram
N/A
RSI
42.07
Stochastic %K
39.47
Stochastic %D
44.9
StochRSI %K
N/A
StochRSI %D
N/A

What are SOLV executives and large shareholders up to?

In the past 12 months, executives and large shareholders at SOLV have not bought or sold any shares.

Get more info about who owns SOLV stock here.

Does SOLV provide a stable income stream?

No, Solventum doesn't provide an income stream by paying out dividends.

What do other investors have to say about SOLV?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your SOLV buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, use a limit order.

Press the Open Trade button and eToro will execute your order.

If you want more assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Track your SOLV investment

Now that you own some SOLV stock, you'll want to keep up with your stock purchase.

Make a watchlist to keep tabs on your SOLV stock.

SOLV Feed

How to Buy Stock in Solventum

To summarize, here are the 6 steps you need to take to buy Solventum stock right now:

  1. Decide where to buy Solventum stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Analyze Solventum stock
  5. Place your SOLV buy order
  6. Track your SOLV investment

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Solventum, create your watchlist below.

NYSE: SOLV
$62.44-2.66 (-4.09%)
Updated May 15, 2024
Open eToro Account
NYSE: SOLV
$62.44-2.66 (-4.09%)
Updated May 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Solventum share?

As of May 15, 2024, it costs $62.44 to buy one share of Solventum stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.16 shares of SOLV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Solventum stock?

According to 3 Wall Street analysts who monitor Solventum, their consensus recommendation is to hold Solventum stock.

What is the best way to buy Solventum stock?

One way to place an order for Solventum stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.