How to Buy Wolfspeed Stock
Wolfspeed Inc
Wolfspeed is a semiconductor company located in North Carolina, United States, which is part of the Technology sector, and is traded under the ticker WOLF on the NYSE exchange.
Wolfspeed stock last closed at $15.74, up 1.35% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Semiconductors industry by N/A percentage points. Wolfspeed stock is currently +95.53% from its 52-week low of $8.05, and -56.99% from its 52-week high of $36.60.
There are currently 45.09M WOLF shares outstanding. The market value of WOLF is $709.70M. In the last 24 hours, 2.39M WOLF shares were traded.
How to Buy Wolfspeed Stock
Not sure how to invest in Wolfspeed stock? Here's how.
- Decide where to buy Wolfspeed stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Wolfspeed stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your info.
- Research Wolfspeed stock: The Wolfspeed ticker symbol is WOLF. Is Wolfspeed stock a good investment? Should you buy shares of WOLF? How do WOLF's underlying business fundamentals look? Do top analysts think Wolfspeed is a good buy? Why has WOLF's stock price moved recently? (Hint: Our stock analysis website can help you figure out if WOLF is a good stock to buy).
- Make your WOLF trade: Decide if you will purchase WOLF shares at the current market price or use a limit order to buy WOLF stock at a given price.
- Watch your WOLF position: Create a watchlist to important notifications about your new investment in Wolfspeed stock.
Step 1: Decide where to buy Wolfspeed stock
You will need a brokerage account to access the NYSE market and buy WOLF stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy WOLF today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on one of the best stock trading apps, you need to deposit funds:
Check out this video walkthrough if you need help depositing money into your brokerage account.
Step 4: Research Wolfspeed stock
After you have identified the best place to buy Wolfspeed stock, it's crucial to evaluate their stock before you invest, so you actually understand the risk as well as the upside.
Wolfspeed shares at a glance
Wolfspeed Due Diligence Score
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on WOLF's stock page.
Is WOLF stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge WOLF's true value.
Using relative valuations measures:
- WOLF may be undervalued based on its P/B ratio of 1.13x, relative to Semiconductors industry P/B ratio of 12.3x
You can do additional valuation research on WOLF's stock here.
WOLF Financial Health Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the WOLF balance sheet.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the WOLF balance sheet.
- WOLF has a relatively high debt to equity ratio of 4.49.
Is Wolfspeed stock a Buy, Hold, or Sell, according to analysts?
Out of 2 sell side analysts who track WOLF, the consensus analyst rating on Wolfspeed is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Wolfspeed stock forecast page.
Metrics for Advanced WOLF Traders
What are WOLF insiders up to?
Over the past year, insiders at WOLF have not bought or sold any shares.
Get more info about who owns WOLF stock here.
Can I rely on WOLF as an income stream?
No, Wolfspeed doesn't provide an income stream by paying out dividends.
What do other traders have to say about WOLF?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your WOLF trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
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 given dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your WOLF position
Now that you own some WOLF stock, you'll want to keep up with your new investment.
Put WOLF on a watchlist to get notified of important updates regarding your WOLF stock.
WOLF Feed
How to Buy Stock in Wolfspeed
To summarize, here are the 6 steps for buying Wolfspeed stock:
- Decide where to buy Wolfspeed stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Wolfspeed stock
- Make your WOLF trade
- Watch your WOLF position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Wolfspeed, create a watchlist today.
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