Can You Still Buy Volkswagen Stock After the Scandal?

Volkswagen is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company is one of the largest automakers in the world, and its products include passenger cars, commercial vehicles, and motorcycles. Volkswagen stock is listed on the Frankfurt Stock Exchange and the New York Stock Exchange.

In the United States, Volkswagen stock is traded on the New York Stock Exchange under the ticker symbol VLKAF. The company has a market capitalization of over $90 billion and is one of the most valuable automakers in the world.

So Can You Buy Volkswagen Stock In The Us?

Yes, you can still buy Volkswagen stock after the scandal. The stock price has recovered significantly since the scandal broke in 2015, and it is now trading at around $200 per share. Volkswagen is still one of the largest automakers in the world, and it is expected to continue to grow in the coming years.

Can You Buy Volkswagen Stock in the US?

Volkswagen is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company is the largest automaker in Europe and the second-largest automaker in the world by sales. Volkswagen produces passenger cars, commercial vehicles, and motorcycles, and also operates a global car rental company, Europcar.

Volkswagen stock is traded on the Frankfurt Stock Exchange and the New York Stock Exchange. The company is listed in the DAX 30 index of Germany’s 30 largest companies by market capitalization.

Can You Buy Volkswagen Stock in the US?

Yes, you can buy Volkswagen stock in the US. Volkswagen stock is listed on the New York Stock Exchange under the ticker symbol VWAGY. You can buy Volkswagen stock through a brokerage account.

How to Buy Volkswagen Stock

To buy Volkswagen stock, you will need to open a brokerage account. You can open a brokerage account with a traditional brokerage firm, such as Fidelity or Charles Schwab, or with a discount brokerage firm, such as Robinhood or ETrade.

Once you have opened a brokerage account, you will need to deposit funds into your account. You can deposit funds into your account by transferring money from your bank account or by writing a check.

Once you have funds in your account, you can buy Volkswagen stock by placing a buy order. A buy order tells your broker to buy a certain number of shares of a stock at a certain price.

What to Consider Before Buying Volkswagen Stock

Before you buy Volkswagen stock, there are a few things you should consider.

The company’s financial health:

Volkswagen is a large and profitable company, but it has also been involved in a number of scandals in recent years. You should carefully review the company’s financial statements and news releases to make sure that you are comfortable with the company’s financial health.

The company’s future prospects:

Volkswagen is a leading automaker, but it faces a number of challenges in the future, including competition from Tesla and other electric vehicle manufacturers. You should carefully consider the company’s future prospects before making a decision to invest.

Your risk tolerance:

Volkswagen stock is a volatile stock and it is possible to lose money if you invest in the company. You should make sure that you have a high risk tolerance before investing in Volkswagen stock.

Conclusion

Volkswagen is a large and profitable company, but it has also been involved in a number of scandals in recent years. Before you buy Volkswagen stock, you should carefully consider the company’s financial health, future prospects, and your risk tolerance.

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FAQs about buying Volkswagen stock in the US

Can I buy Volkswagen stock in the US?

Yes, you can buy Volkswagen stock in the US. Volkswagen stock is traded on the New York Stock Exchange under the ticker symbol VWAGY.

How much does Volkswagen stock cost?

The current price of Volkswagen stock is $21.26 per share.

How can I buy Volkswagen stock?

You can buy Volkswagen stock through a brokerage firm. You can find a list of brokerage firms that offer trading in Volkswagen stock on the Volkswagen website.

What are the benefits of owning Volkswagen stock?

There are a number of benefits to owning Volkswagen stock, including:

Dividends: Volkswagen pays a quarterly dividend of $0.13 per share.
Capital appreciation: The price of Volkswagen stock has increased by over 50% in the past year.
Voting rights: Volkswagen shareholders have the right to vote on company matters, such as electing board members and approving mergers and acquisitions.

What are the risks of owning Volkswagen stock?

There are also a number of risks associated with owning Volkswagen stock, including:

Volatility: The price of Volkswagen stock can be volatile, and it is possible to lose money if the stock price falls.
Financial risk: Volkswagen is a global company, and it is exposed to a number of risks, such as economic downturns, currency fluctuations, and political instability.
Foreign ownership risk: Volkswagen is a German company, and there is a risk that the German government could take actions that would negatively impact the value of Volkswagen stock.