Instead of paying $3,600 for one share, you can now buy a CDR giving you fractional ownership of a share for as little as $20 Canadian Dollars. ET on Monday, following another analyst weighing in with a warning for investors. *Share prices and exchange rate as at July 6, 2021, referencing the Bank of Canada US Dollar Exchange RateĬDRs make it possible for Canadians to obtain fractional share investments in US listed companies. Shares of Nvidia (NASDAQ: NVDA) were down 4.5 as of 1:15 p.m. Fractional Ownership: Making US Stocks More Accessibleįor a Canadian investor to buy one single share in 5 of the most popular companies listed on major US exchanges, you would need more than $9,000 Canadian Dollars at today’s rates * – this doesn’t include additional fees and service charges:
Not anymore! CDRs make some of your favourite US stocks available in Canadian Dollars.ĭon’t see a company you want to buy as a CDR yet? Click here and we will let our CDR issuers know what companies you’re interested in buying. Available in Canadian Dollars, Listed on the NEO Exchangeīuying shares of companies listed on exchanges outside of Canada can come with an extra hurdle and additional fees to convert cash to a foreign currency. According to 52 analysts, the average rating for NVDA stock is 'Buy.' The 12-month stock price forecast is 205.63, which is an increase of 76.25 from the latest price.
0 kommentar(er)
