SELECT * FROM future.stocks WHERE name like '%micron technology%' LIMIT 1; How To Buy Micron Technology Stock ? - Grow Your Financial Portfolio

How To Buy Micron Technology Stock

You can buy Micron technology shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Micron technology shares with a broker like eToro or you can trade Micron technology CFDs with XTB you can begin trading Micron technology shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Micron technology stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro Trading212 FP Markets Markets.com XTB Plus500
Rating
Used By 12,000,000+ 14,000,000+ 10,000+ 10,000+ 250,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Micron Technology Stock. What you should know, Types of trading Micron technology Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Micron Technology Stock Table of Contents

Micron technology Financial Details

Financial Details

Micron technology Stock symbol MU
Micron technology Sector and Industry Technology Semiconductors
Micron technology Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $60.56
52 Week Low $32.14
Micron technology Market Capitalisation $60,003,858,431.00
Micron technology Average Volume 24,781,099.00
Micron technology PE 17.47
Micron technology EPS 3.1
Stock Currency USD

Overview of Micron technology

Micron technology is an American Technology Semiconductors company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Micron technology trades under the stock symbol MU on the NASDAQ.

Micron technology shares are exchanged in USD on the NASDAQ.

Micron technology has a current share price of $53.76 USD dated 31/01/2020.

The highest Micron technology share price over the last 52 weeks was $60.56 USD and its lowest price over the last 52 weeks was $32.14 USD. That is a 52 week price range of $32.14 - $60.56.

Micron technology Trading Volume and PE

Micron technology currently has 1,110,874,000.00 active shares in circulation traded through the NASDAQ exchange.

Micron technology market capitalization is $60,003,858,431.00 with an average daily trading volume of 24,781,099.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Micron technology has a Price Earning Ratio ( PE ) of 17.47 and earning per share ( EPS ) of 3.1. Generally speaking Micron technology having a high P/E ratio means that Micron technology investors forsee increased growth with Micron technology in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Micron technology earnings per share is Disney company profit that's allocated to every Micron technology common stock. Earnings per share is calculated by taking the difference between Micron technology's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Micron technology shares outstanding.

Micron technology Financial Charts

Financial Details

Micron technology Information

Micron technology Location & Contact Information

Address 8000 South Federal Way PO Box 6 Boise, ID 83716 United States
Phone Number 1-208-368-4000
Website URL www.micron.com

Micron technology Executives and Board Members

President/CEO Sanjay Mehrotra
Exec VP/Chief Business Officer Sumit Sadana
Exec VP:Global Operations Manish Bhatia
Micron technology Board Member Robert E Switz
Micron technology Board Member Richard M Beyer
Micron technology Board Member Robert L Bailey

How To Buy Micron Technology Stock Guide

Buying Micron technology Stocks and CFDs

When investing in Micron technology you have several options as to what type of investment you wish to conduct. You can buy traditional Micron technology shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Micron technology shares with stock brokers and trading Micron technology with CFDs below.

Micron technology CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Micron technology stock.

If you buy Micron technology shares with a stock broker you actually own a share of Micron technology. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Micron technology price will change up or down.

Lets explain why you would buy Micron technology as a CFD instead of as a share.

If you went and brought 100 Micron technology shares at $100 a share with a stock broker you own $1000 of Micron technology.

The main difference when trading Micron technology as a CFD and buying Micron technology as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Micron technology you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Micron technology. Trading an Micron technology CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Micron technology CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Micron technology share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Micron technology CFD long would be hoping to profit from a rise in the Micron technology share price. An Micron technology CFD short would be aiming to profit from a fall in the Micron technology stock price. Trading CFDs allows traders to profit from both directions of the Micron technology price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Micron technology shares you can only profit from a rise in the Micron technology stock price.

Micron technology CFD and Stock Market Times

When trading in traditional Micron technology shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Micron technology Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Micron technology stock. This limits your risk to your initial amount invested in Micron technology. You can only lose the amount invested with traditional Micron technology shares. Another benefit of buying Micron technology shares with a broker is that you may be eligible to receive Micron technology company dividends if applicable.

If you Invest in Micron technology via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Micron technology. If you buy Micron technology stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Micron technology benefits as in owning a certain amount of stock for a set period.

If you own shares in Micron technology you may be eligible to voting rights at Micron technology shareholder general meetings.

Micron technology Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Micron technology Stocks and shares are only exempt from tax if the Micron technology shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Micron technology Stocks and Shares or Micron technology CFDs?

There are pros and cons to trading in both Micron technology Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Micron technology stocks and shares is better suited for long term investments. Historically Micron technology shares provide better returns over the long term, usually a 10 year period.

Micron technology CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Micron technology share investors aim to profit on the fluctuating highs and lows of the Micron technology price throughout the day. Day trading as you can imagine focuses on profiting from the daily Micron technology stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Micron technology stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Micron technology share price for example to a known amount.

Example Cost of Buying Micron technology as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Micron technology CFD trade example Micron technology Share deal example
Market price $53.76 $53.76
Broker Deal Invest $10.752 at 1:5 Margin (20%) Buy at $53.76 a share
Deal size 100 shares 100 shares
Initial outlay

$1075.2

(Margin = exposure x 20% margin factor)

$5376

(100 shares at $53.76)
Stamp duty No £20
Close price Sell at $64.512 Sell at $64.512
Estimated Profit

(10.752 point increase x 100 shares = $1075.2)

*Not including commission fees and taxes

($6451.2 - $5376 = $1075.2)

*Not including commission fees and taxes
Trade Micron technology CFDs now with XTB Trade Micron technology Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Micron technology shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Micron technology.