What is a Ticker Symbol
The United States uses a ticker symbol as an identification code for a particular stock or mutual fund. It would be comparable to a person’s social security number. The ticker symbol is primarily used for placing orders with brokers or investigating a particular stock and can be located running across the bottom of any financial television or internet screen. This ticker symbol system is for stocks and mutual funds of publicly traded companies and corporations. The term ticker originated from the sound the ticker tape machines used to make. The modernized system now displays letters or numbers to uniquely identify a specific stock or mutual fund. The system easily shows whether a stock or mutual fund is trading higher or lower for the moment, and by how much. Investors use these ticker systems to follow their investments and help make timely decisions as to when to buy or sell a security. Letters are used to identify each unique stock or mutual fund. These letters can be either an abbr
A ticker symbol is simply a universal shorthand for the stock of a company. Ticker symbols save time and space. Some ticker symbols are easily recognizable (for example, the symbol for General Electric is GE). Other symbols, even for well-known companies, are obscure (the symbol for Coca-Cola is KO). Your brokerage can give you the symbol for any stock. Financial and brokerage websites also have look-up functions that help you find ticker symbols.
A ticker symbol is a quick way to look up a company. Each company chooses a combination of 2-4 letters that abbreviates their name. This is unique for each company. For example Lupe Consolidated has the ticker symbol LUPE. Powlex Corporation has the ticker symbol POWL. How do I choose which stock to buy? This is completely up to you. Buy stocks of products that you believe in, or think are a good business idea. It is usually good practice to also buy stocks that are quite low in price, this way they usually will go up and not down. Alternatively some people prefer to invest in stable stocks that have always been high. Another way that you may go about choosing a stock is by clicking the Bargains link at the top of the page or by doing research by reading about the stocks on the News/Research page. These two pages can direct you to good stocks. Why isn’t my stock changing? Stock prices only change when share are bought or sold. If no one is buying or selling the stock you have bought th
