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- 1. How to buy Sundial Growers (SNDL) stock
- 2. Where to buy Sundial Growers stock?
- 3. How to buy stock in Sundial Growers in 3 simple steps
- 4. Compare the best platforms to buy Sundial Growers stock
- 5. Fundamental analysis of Sundial Growers shares
- 6. Is Sundial Growers a good investment for me?
- 7. How to sell Sundial Growers stock
- 8. Should I buy Sundial Growers stock now?
- 9. FAQs
How to buy Sundial Growers (SNDL) stock
Get started in minutes with our preferred broker,. 10/10
77% of retail CFD accounts lose money.
A big part of learning how to buy Sundial Growers stocks is finding the best place to make your investment. Sundial Growers stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Sundial Growers when following our step by step guide.
Where to buy Sundial Growers stock?
The best stock trading platform to use to buy Sundial Growers stock is Start Trading .
Based on our research, we’ve ranked the top three brokers where you can buy Sundial Growers shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.
77% of retail CFD accounts lose money.
Read more about how we test, rank & review platforms.
How to buy stock in Sundial Growers in 3 simple steps
Buying Sundial Growers stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.
Step 1. Sign up to eToro
eToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.
77% of retail CFD accounts lose money.
Step 2. Make a deposit
Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.
Step 3. Buy Sundial Growers shares
Search for Sundial Growers using the ticker, SNDL. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Sundial Growers and complete your purchase.
It’s as easy as that! You can buy Sundial Growers shares in just 10-15 minutes and now you’re a Sundial Growers shareholder.
Compare the best platforms to buy Sundial Growers stock
1. eToro. Best for beginners, copy-trading & demo-account
Pros & Cons
We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.
77% of retail CFD accounts lose money.
2. Public. Best for sharing beginner trading ideas
Pros & Cons
We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.
Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.
The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.
Fundamental analysis of Sundial Growers shares
What is Sundial Growers’s total worth?
Sundial Growers’s total net worth is $522 million. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.
How has Sundial Growers’s share price performed in recent years?
The current Sundial Growers stock price today is $2.01, which is 98.37% below its all time high of $132.20, which it reached on 07 August, 2019.
Overall, SNDL is 98.37% since its 2019 IPO. The SNDL share price is down 4.36% in 2023 with a 52 week high of $8.91 and a 52 week low of $1.95.
What is Sundial Growers’s EPS?
Sundial Growers’s EPS is -$3.08. EPS stands for earnings per share and is calculated by dividing Sundial Growers’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.
What is the Sundial Growers P/E ratio?
Sundial Growers’s P/E ratio is 0.0. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Sundial Growers’s earnings.
It is calculated by dividing the share price by the earnings per share. You can use Sundial Growers’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.
What is Sundial Growers’s dividend yield?
Sundial Growers’s dividend yield is 0%. The dividend yield tells you how much of Sundial Growers’s share price it gives back to shareholders in dividend payments every year. Sundial Growers does not pay a dividend.
Is Sundial Growers stock a buy or sell?
The indicator below shows you live technical ratings for Sundial Growers stock on time frames from one minute to one month.
It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum.
This indicator should be used when you research Sundial Growers to help you decide whether to buy Sundial Growers shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.
Is Sundial Growers a good investment for me?
The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Sundial Growers.
- Sundial controls its whole supply chain. Sundial Growers is a cannabis producer that sells weed products like pre-rolls and inhalants online. It controls the manufacturing process all the way from harvest to point of sale. Sundial is based in Canada and only does business there at the moment.
- It’s a meme stock. The company burst into the public consciousness in early 2021 as a ‘meme stock’, imitating the rise of the likes of GameStop and AMC Entertainment. Sundial’s actual business performance hasn’t matched up to the hype yet, but the weed industry has potential and the company has undergone something of a transition to try to improve its fortunes.
- SNDL is a penny stock that could pay off. The interest in Sundial comes from investors looking for the next penny stock that hits it big. Penny stocks are risky but not necessarily bad: the best ones can return 5, 10, or many more times your original investment. Just be aware that it often doesn’t, so it’s a good idea to spread your money across a few different ones to give you the best chance of success.
- Its stock price has consistently moved lower. It has been an extremely rocky ride since the company first listed on the stock exchange in August 2019. The share price fell 35% on the first day, and by January 2021, was down 99%, available at less than 50 cents, having started at $10.50 eighteen months earlier. 2023 has seen its price trading below $2, near its all-time low.
- The cannabis industry is expected to grow in the coming years. In a cannabis market that some bullish commentators predict could be worth $200bn by the end of the decade, there is real growth potential for a successful company. Whether Sundial will be, that company is questionable due to its already poor performance and management.
It’s always a good idea to think about any potential risks there might be as well. Use this summary of Sundial Growers’s pros and cons before you make a final decision on whether to buy Sundial Growers stock.
- It’s a weed stock that could pay off
- SNDL can provide short term trading opportunities
Are there other ways to buy shares in Sundial Growers?
Yes, you can invest in Sundial Growers stock in a few different ways. One option is to buy stock in Sundial Growers directly through an investment platform as laid out above, while another popular choice is to invest in a fund.
Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a Nasdaq index fund to get exposure to Sundial Growers, or choose a cannabis ETF.
Another option is to use a social copy trading platform, like Start Trading . Find a trader who you like and copy their Sundial Growers trades directly to your own account.
This can be a good investment strategy for beginners and a way to learn how to buy Sundial Growers shares from someone with more experience.
What are the fees for investing in Sundial Growers stock?
It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Sundial Growers stocks.
Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more.
These are the trading platforms that charge the lowest fees for buying stocks in Sundial Growers.
|Trading platform||Trading fees|
|Degiro||$0 (US) / £1.75 (UK)|
How to sell Sundial Growers stock
When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio.
From there, find your Sundial Growers stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.
Should I buy Sundial Growers stock now?
It’s your investing goals and style that define whether now is a good time to buy. The current Sundial Growers stock price plays into it but ultimately it depends on your investment horizons.
- If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Sundial Growers based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy SNDL.
- If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Sundial Growers’s fundamentals are solid then the best time to invest in Sundial Growers stock is after a dip or a pullback in price.
Most new traders sit somewhere between these two positions. You don’t want to actively trade Sundial Growers stock all hours of the day but you don’t want to wait years for a return either.
Either way, following SNDL price news and analysis will help you decide when to dip your toe into the market.
Latest Sundial Growers news
Sundial Growers stock prediction as shares spike 20% on share buyback announcement
Sundial Growers up 20% after a series of announcement
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Sundial Growers share price forecast after a massive sell-off
Should I buy Sundial Growers stock right now? Here’s my price prediction
Should I invest in Sundial Growers stock?
There is no perfect way to value a stock. You can use financial metrics like the P/E ratio to compare share prices among Sundial Growers and its competitors, where a higher ratio indicates that a stock is more expensive. But lots of different factors play into Sundial Growers’s share price and the ‘right’ valuation is often a matter of opinion.
It depends on where you live but you do normally have to pay capital gains tax any time you make money from investing in Sundial Growers.
Capital gains tax is often charged at 10-15% of your profit but there are ways to limit the amount you have to pay, by using tax-friendly stock market investment vehicles and writing off losses.
Speak to an accountant or a tax professional and check the tax laws where you live to find out more.
Sundial Growers’s ticker symbol is NASDAQ:SNDL. A ticker symbol, or stock code, is a publicly traded company’s unique identifier so that you can find them on stock exchanges.
No, Sundial Growers does not pay a cash dividend.
Sundial Growers is medium risk, according to SustainableHQ. Its environmental score is 29/100, its social score is 64/100, and its governance score is 57/100. These rankings suggest the company has significant room for improvement.
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