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, 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 assert 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 revenue exceeds € 5 billion. The company employs around 30.000 people worldwide and is 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 doing it in the best way - pirelli vector logo

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

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

How to buy Pirelli shares

To proceed with the purchase of Pirelli shares, those who invest can decide to move in two ways. The first method is decidedly more classic. It involves the purchase of a share package through your trusted bank.

  • Even if it is the most practical and useful method for those who want to invest their capital for the long term, it is not necessarily the best. Many investors think that having a physical point of reference 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 last 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 reality, contacting a specialized banking consultant can greatly lengthen the timing to proceed with the purchase, involves trading commissions and management costs that are decidedly higher than those of a trading platform and, above all, not always your trusted advisor. will be able to provide you with excellent customer service and support you as 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 doing it in the best way - etoro logo sq

Among the numerous online trading platforms that we can find on the net to choose from and rely on to proceed with the purchase of 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. Operating in the industry 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 different financial markets available around the world with a mini investment of only 200 euros.
  • 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 experienced traders who will help you find the financial strategy that suits you best and will give you lots of tips to put into practice.
  • For inexperienced users who do not know how to move, the platform has the copy trading function to mimic 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, 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 out the registration form by entering the personal data requested. Once this step is completed, you will have another 30 days to confirm your identity by sending your valid identity document via email to the address indicated.

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 on the platform account in your personal area. All you have to do is choose the amount to invest, which must be over 200 euros, and select the payment method you prefer and that suits you best. eToro accepts bank transfers, major credit cards and electronic wallets.

Step 3:

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

Once these steps have been completed, you can start your adventure on eToro and start investing. If you don't feel 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 launch into the world of action, 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 need 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 simplest platforms to use for stock trading on the markets. For this reason it is very popular with 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 Libertex official website and filling out 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 so) 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 have an iOS or Android system, because the Libertex website is optimized for any mobile device. Which means you can track your trades at any time.

Pirelli shares forecasts and how much a Pirelli share costs

There are many factors to take into consideration to make forecasts on the performance of Pirelli's shares.

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

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

Is it worth buying Pirelli shares?

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

  • Ability to satisfy 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 on satisfying the demands and needs of its consumers. In particular, it closely follows the design and production of tires for the sale of private cars or motorcycles.
  • Another important segment not to be forgotten is precisely called High Value. This strategy integrates the 18 '' tires called “new premium tires” with those called “special and super special tires” which respond to the specific requests of private consumers and large car manufacturers.
  • Tests and Surveys. Pirelli carries out periodic tests and surveys to understand the opinion of its customers regarding the degree of product satisfaction and, if necessary, take action to improve the service offered.
  • Sponsor. Pirelli can boast of being the main sponsor of numerous companies linked to the world of sport. In particular, we remember the Inter football club, 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 rallying.
  • 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.

Therefore, 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 Italian and global automotive market for many years to come. At an international level it is certainly a company that can still grow a lot.

With all these assumptions and evaluating the analyzes we obtained by monitoring the performance of the stock and the history of your 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 minimal expense and will help you move easily and safely in the complicated and unpredictable world of the stock market.