How To Buy Consolidated Edison Inc (ED) Stock

How To Buy ED

Consolidated Edison (ED) is a common stock listed on the NYSE exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of ED.

1. Find a reliable broker.

   Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy Consolidated Edison from:

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2. Fund your new account.

   You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

3. Search for ED.

   When your funds are settled into your account, look for Consolidated Edison on your broker by searching for the company name: Consolidated Edison or the ticker symbol: ED.

4. Buy the stock.

   Once that you've found Consolidated Edison on your broker, submit a purchase order to buy shares of the stock (currently $97.88 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

   Once your order gets fulfilled, you've purchased your first shares of Consolidated Edison Inc.

   Tips When Buying

   When submitting your order, you may choose to buy shares of Consolidated Edison at the market price with a market order or at a set price using a limit order.

   • Market order: Buys the stock immediately at its current price.
   • Limit order: Buys the stock only once it reaches your target price.

   By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of ED at a specific price.

Should You Buy ED Stock Now?

In the past week the price per share of Consolidated Edison has gone up ↑1.44 (1.49%) while the daily volume has decreased significantly. You should buy ED now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of ED when you feel the time is right.