If you are thinking of buying stocks on the Italian stock exchange, you cannot fail to consider one of the largest known companies in our economic and financial scenario.

Pirelli Spa is an Italian multinational corporation, whose head office is located in Milan. The company that mainly deals with the production of tires, was listed on the stock exchange for the first time in 1922. Over the years it has managed to affirm its position in the world market also as the main supplier of tires for the Formula 1 championships and for the Super Bike World Championships.

Its current annual revenues exceed 5 billion euros. The company has around 30.000 employees worldwide and is confirmed as the fifth largest tire manufacturer in the world.

Pirelli shares today

Like many companies, Pirelli also did not have a path full of roses. In 2015, the stock suffered a severe blow due to the administrative troubles that led it to exit the Italian stock exchange.Buying Pirelli shares - All the secrets to do it in the best way - pirelli vector logo

Despite some financial ups and downs, however, the company managed to return to the crest of the stock market wave in 2017. This was when the international giants Chem China and High Grade Investment Management decided to focus everything and invest on the famous Italian company that saw undeservedly increase again its turnover from year to year.

Pirelli Spa currently exports its products to over 160 countries worldwide, and can boast more than 19 production sites with more than 15.000 distributors. So if you have decided to invest in this great company famous worldwide, you just have to read our article to know how to move in the world of stocks and to know all the relative advantages and disadvantages.

How to buy Pirelli shares

To proceed with the purchase of Pirelli shares, the investor can decide to move in two ways. The first method is decidedly more classic. It involves purchasing an equity package through your trusted bank.

  • Even if it is the most practical and useful method for those who want to invest their long-term capital, it is not necessarily the best. Many investors think that having a physical reference point in the area to turn to in case of need is the most advantageous solution for obtaining financial guarantees.
  • The second method is decidedly more innovative and over the past decade, with the development of technologies, it is becoming increasingly popular. Many investors decide to invest their capital by purchasing CFDs (contracts for difference) through online trading broker platforms available on the web.

Buying Pirelli shares - All the secrets to do it in the best way - etoro

In fact, contacting a specialized banking consultant can greatly lengthen the time to proceed with the purchase, provides trading commissions and management costs decidedly higher than those of a trading platform and, above all, not your trusted consultant will be able to provide you with excellent customer service and support you because you are overworked.

These extremely safe and reliable are monitored by CySEC and, through a clear and intuitive interface, will allow you to move easily in the world of the financial market.

They involve extremely low costs and commissions and allow you to constantly monitor the situation of the stock exchange to obtain continuous returns. The best and most reliable platform on the web? Definitely eToro.

eToro: what is it?Buying Pirelli shares - All the secrets to do it in the best way - etoro logo sq

Among the many online trading platforms that we can find online to choose from and rely on to purchase CFDs, we find eToro.

This portal is suitable for both experienced users of the sector and beginners who decide to approach the unpredictable world of the bag for the first time. It has been operating in the sector for more than 10 years, and with more than 9 million users worldwide, it is considered one of the best platforms on the market.

The advantages of using eToro

With its simple and intuitive interface, you will be able to operate in the complex world of the stock market easily and, you will be able to enjoy the numerous advantages that eToro offers its users:

  • The platform will allow you to operate in the various financial markets available all over the world with a mini investment of only € 200.
  • Famous for its Social Trading method. eToro will allow you to use the platform exactly like the website of any social network. You will be able to interact with expert traders who will help you find the most suitable financial strategy and give you lots of tips to put into practice.
  • For inexperienced users who do not know how to move well, the platform has a copy trading function to imitate all the investments made by the most experienced traders in the sector.
  • eToro allows you to keep your position on the stock market open after the scheduled time and on closing days, by paying a very small commission.

Purchase Pirelli shares on eToro

Starting to invest in Pirelli shares on eToro is really simple and intuitive, just follow the next steps:

Step 1:

Buying Pirelli shares - All the secrets to do it in the best way - etoro login

You will need to open an account on the platform, register by accessing the home page and fill in the registration form by entering the requested personal data. Once you have completed this step, you will have another 30 days to confirm your identity by sending your valid identity document via email to the indicated address.

Step 2:

Buying Pirelli shares - All the secrets to do it in the best way - deposit etoro

To start buying shares, you will need to deposit your capital into the account of the platform in your personal area. All you have to do is choose the amount to invest that must be greater than 200 euros, and select the payment method you prefer and that suits you best. eToro accepts bank transfers, credit cards from the main circuits and electronic wallets.

Step 3:

Buying Pirelli shares - All the secrets to do it in the best way - etoro demo 1024x415

Once you have finished these steps, you can start your adventure on eToro and start investing. If you are not ready yet, you can take advantage of the demo mode that the site makes available to its users.

In this section you will be able to improve your skills in the financial sector without risking affecting your capital in any way. If, on the other hand, you are ready to jump into the world of actions, you can click on live mode and your adventure will begin.

How to view Pirelli stock chart and invest in eToro

Once you have finished registering with eToro and followed the steps described above, you can start investing by purchasing Pirelli CFDs. To view the chart of the Italian multinational, simply access the section dedicated to the markets and locate Pirelli. From here to invest, all you have to do is:

  • choose the amount of capital you want to invest
  • select the trade action, then you will have to click on "sell" or "buy"
  • set the leverage that best suits your trade
  • set your stop loss and your take profit, in this way you can safeguard the funds you have decided to invest.

How to create an account with Libertex

Another very popular platform for investing in stocks is Libertex. It is a regulated broker that offers one of the easiest platforms to use for stock trading on the markets. For this reason it is highly appreciated by beginners.

Just follow these steps to use Libertex and in less than 10 minutes you will be ready to trade like real professionals:

  1. Sign up by logging into the official Libertex website and filling in the registration form.Buying Pirelli shares - All the secrets to do it in the best way - Libertex Create a 1024x530 account
  2. Use one of the different payment methods accepted by Libertex to fund your account.Buying Pirelli shares - All the secrets to do it in the best way - Libertex Deposito 1024x490
  3. After verifying your identity (you have 30 days to do it) you can start trading with its platform.Buying Pirelli shares - All the secrets to do it in the best way - Libertex trading 1024x568

Libertex is also available for mobile devices. It doesn't matter if you own an iOS or Android system, because the Libertex website is optimized for any mobile device. Which means you can monitor your operations at any time.

Pirelli shares forecasts and how much a Pirelli share costs

There are many factors to consider when making predictions on the performance of the Pirelli share.

We must take into account both the trend from the manufacturing sector in which the company operates, and the sales of the new cars and the close collaborations with the various car manufacturers.

Looking at the performance of the stock over the past 5 years, this had initially achieved an excellent period in 2018, reaching € 8 but, due to a series of ups and downs, the range settled around € 7 last year . To date, the cost of a single Pirelli share has been around 6 euros, the company has therefore recorded a drop of 0.38% in this regard.

Is it worth buying Pirelli shares?

Is it therefore more than legitimate to ask how much it is worth investing in Pirelli? To answer this question we must examine the strengths of the group. Let's see them together:

  • Ability to meet consumer demands. This is the main strength of the group. For many years Pirelli has decided to implement a precise business strategy with the aim of concentrating to satisfy the requests and needs of its consumers. In particular, it carefully follows the design and production of tires intended for the sale of private cars or motorcycles.
  • Another important segment not to forget is called High Value. This strategy integrates 18 '' tires called "new premium tires" with those called "special and super special tires" that respond to the specific requests of private consumers and large car manufacturers.
  • Tests and Surveys. Pirelli performs periodic tests and surveys to understand the opinion of its customers regarding the degree of product satisfaction and possibly intervene to improve the service offered.
  • Sponsor. Pirelli can boast of being the main sponsor of numerous companies related to the world of sport. In particular, we mention the football club Inter, the Formula 1 championships, the Super Bike world championships in the world of motorcycling, and finally sponsors the FIA ​​Pirelli Star Driver program in the world of rally.
  • Performance and style. All the tires created by the group have an unmistakable Italian style and offer high levels of safety and grip on all types of terrain.

So, after analyzing all these details, we can say that it is certainly an interesting investment that will allow you to diversify your portfolio of securities but, you will always have to move with the utmost attention.

Conclusions

Undisputed leader in the sector, we are sure that it will remain on the crest of the wave of the Italian and world automotive market for many more years. Internationally, it is certainly a company that can still grow a lot.

With all these assumptions and evaluating the analyzes we have obtained by monitoring the performance of the stock and the history of its company, we can certainly say that investing in Pirelli is an excellent option, especially if you turn to online trading broker platforms.

This will allow you to maximize your profits with a minimal expense and, will help you move easily and in complete safety in the complicated and unpredictable world of the stock market.