How to buy Airbnb (ABNB) stock
Founded in August 2008, with headquarters in San Francisco, CA, Airbnb (NASDAQ: ABNB) disrupted the accommodation industry, turning homeowners into guest house managers by facilitating short-term rentals of their homes.
How to buy Airbnb stock with a Brokerage Account
AirBnB trades on the Nasdaq exchange under the ticker symbol ABNB and can be purchased online through a broker. In addition to enabling you to purchase Airbnb shares, online brokerage accounts also provide a wealth of research, educational materials and account types to help you meet your investing goals.
If you’re investing for long-term goals, like your child’s college education or your retirement, you’ll probably want to buy AAPL in a tax-advantaged account, like an individual retirement account (IRA) or 529. But if you need money for other things, like buying a home or investment property, a taxable investment account is probably a better choice.
How to buy Airbnb stock for non-US citizen
If you live in Europe, Asia, Africa, Australia, or the UK and think Apple is a great company, you might find it difficult to buy stock in the company without using Contract For Differences (CFDs), or a financial arrangement made using financial derivatives that settle differences between open and closing trading prices with cash.
Some online stock brokers allow you to invest in the underlying asset without using CFDs, including eToro, Degiro, Interactive Brokers and Saxo
Should you buy Airbnb stock right now?
Airbnb is becoming synonymous with short-term travel and short-term rentals. The company's online platform and app encourage hosts to list places for rent, whether traditional rooms and homes or even tree houses and detached garages. Airbnb's unique business model is the company's secret sauce. As Airbnb does not own or operate any real estate, it avoids many of the capital and operating expenditures a regular hotel incurs: land, construction, renovations, property tax, a doorman or a maid.
Airbnb stock looks like a good buy, but perhaps not right away. Airbnb's key risks include weaker-than-expected revenue growth, a longer-than-expected time needed for the company to be profitable, and new regulations introduced in certain countries that either ban or restrict short-term home rental. Also, investors might gradually switch from Airbnb to other more direct proxies for international travel recovery like the online travel agencies such as Booking Holdings and Expedia Group. If you still consider buying shares of ABNB, you might wait when a stock price that's more in line with the company's fundamental value could present a better entry point.
