Forex Trading

The Top 10 TikTok Stocks on the App Right Now

what is tiktok stock symbol

Each day we have several live streamers showing you the ropes, and talking the community though the action. Our watch lists and alert signals are great for your trading education and learning experience. The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members. Whispers in the trading world alluded to an IPO sometime in 2020, but the company says that the reports about a 2020 listing are false. Recent political scrutiny also will be a major headwind to a 2020 IPO – more on that in our Final Thoughts.

TikTok Global’s Value

The TikTok IPO date is still unknown, but investors worldwide are sure to be waiting on the edge of their seats for its announcement. Luckily for TikTok, the delays haven’t hurt the business or its valuation. The estimated valuation of the brand has increased from roughly $18 billion in 2021 to around $65 billion in 2023 due to the continued growth and popularity of the app. The US has concerns that user data from the app will be readily accessed by the Chinese government, breaching privacy laws. TikTok’s China equivalent and counterpart Douyin is basically the same and shares an algorithm. But China and America monitor and regulate companies in very different ways.

What’s the minimum amount of money I need to start investing in stocks?

The answer is TikTok’s combination of user features and sophisticated algorithms for generating and finding relevant content. After a series of lawsuits, injunctions, and administrative orders, TikTok agreed to a deal in which US companies Walmart and Oracle would take a minority stake in the company. He voiced concerns that reports suggested ByteDance might be a threat to US security. Just choose the course level that you’re most interested in and get started on the right path now. When you’re ready you can join our chat rooms and access our Next Level training library.

THIS is How to Buy Pre-IPO Stock in 2024 (Pre-IPO Investing Platforms)

You cannot buy shares in TikTok directly as a retail investor. TikTok is not publicly traded because it is owned by Bytedance, a privately-held Chinese company, and eight other venture capital companies. TikTok is owned by parent company ByteDance (which is privately owned). But after the TikTok IPO, it will be publicly traded on a stock exchange. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 70% of retail client accounts lose money when trading CFDs, with this investment provider.

Buy Shares of KKR

A drop in popularity would see a lower valuation, meaning less money could be raised. So it’s best for TikTok to strike while it’s at its peak in terms of users, revenue, and growth. Among the most famous social media platforms in the world, TikTok has amassed nearly 80 million users in the U.S. alone.

Traders worldwide will hope to buy shares in TikTok when they become available. However, it seems the majority of requirements have now been met for TikTok to be listed on a US stock exchange, and the IPO is eagerly awaited. Again, this makes it more likely that the advertising campaigns will succeed and increase sales figures, ensuring companies keep spending money to advertise through TikTok. Americans love their pets, and that’s especially true for millennials.

TikTok is owned by a Chinese tech company called ByteDance, Ltd. For the purpose of this list, we’re going to explore the publicly traded companies that have generated significant eyeballs. Rather, if you believe that the market is driven primarily by collective human emotions, these TikTok stocks could be worth your time. We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform.

It goes without saying that video games represent one of the most talked-about subjects on social media. With gaming becoming a serious business, everybody’s looking for an inside edge — and content creators are all too happy to share. Naturally, with Electronic Arts being among the biggest digital entertainment companies in the world, EA is one of the TikTok stocks to consider. As a private company, TikTok does not have a share price, so its worth is unknown. Based on similar companies, TikTok could trade somewhere around $100 to $200. KKR & Co, the company that owns a partial stake in TikTok, is trading for about ~$56.

what is tiktok stock symbol

The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. Despite being valued at $250 billion, ByteDance is also not publicly traded. Nate is a serial entrepreneur, part-time investor, and founder of WallStreetZen. He holds a Juris Doctor (JD) degree from UAlberta Law – but don’t hold that against him. He’s passionate about building great software that delights users.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. Getting access to a private market with someone offering to sell ByteDance shares at a price you’re willing to pay isn’t easy — or even possible — for most investors.

Jessica is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education. TikTok is a privately held company owned by a Chinese company called ByteDance, so it does not have a stock. This could change in the future, as the rumor mill has reported that TikTok may opt for an IPO in the upcoming years. Meanwhile, though, you will have to make do by investing in other social media companies or KKR & Co Inc. Most social media companies operate at a net loss, though there are some exceptions — notably Facebook and Tencent.

Expanding out the scope to the rest of the world, the video-sharing service commands a monthly active user base of 1 billion. Invariably, the community will feature a wide variety of subject matter, including possibly viable TikTok stocks to buy. In spite of this popularity and as noted above – ByteDance and by extension TikTok – remain privately https://broker-review.org/fxtm/ listed. This ultimately means there is no easy way for investors and traders to speculate on the company as well as no clear or transparent valuation for the general public. Don’t despair if you can’t invest in some of your favorite apps. Every day, hundreds of stocks are ripe for trading, that is, if you know how to find them.

You’ll need an account with a broker that has a share allocation. You will tell your broker how many shares you want and they will tell you how many you can get. There is no assurance that you will be able to get a share allocation. If pre-IPO shares are not available or if the minimum purchase or qualification requirements are prohibitive, you can consider investing in the IPO itself. Do you ever second-guess yourself for not investing in a certain stock?

what is tiktok stock symbol

Today, we dive deeply into TikTok and the Stock Market, discuss how to purchase TikTok stock, and discover who owns TikTok. With the rise of commission-free trading and app-based platforms like Robinhood, it is easier than ever to invest in the stock market, and the younger generations are piling in. Catering to the rise of the Gen Z and millennial traders, the short-form video app TikTok is home to a sizable library of investing advice. The hashtag #investing has received over 1 billion views, while #Stocktok has drawn in over 254 million views.

Some, even shares in quality companies, may sputter or even drop immediately after the IPO. There is no assurance that a ByteDance IPO would happen on a US market. If you want to buy at a foreign IPO you will need to look into investing in foreign markets. That cuts your potential gains, but you’ll also have less risk. If you buy at an IPO you know there will be a market for your shares when the lockup period expires, even if there’s no assurance of profit.

And it will be an ongoing effort for TikTok to stay relevant as growth becomes harder to achieve. Also, China’s recent crackdown on tech companies could mean further problems or obstacles. If you’d like to learn more about the IBKR platform, check out ifc broker our full-length Interactive Brokers review. The TikTok app has also been the starting point for many of the most recent viral crazes and influencer-driven content. Initially, the app was called ‘Musical.ly’, starting out as a lip-syncing video app.

Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks. Facebook is currently the world’s largest online social network, with over 2 billion monthly active users. How its users engage is much different than TikTok in that they exchange messages and share news events, photos, and videos. On the video side, the firm is building a library of premium content and monetizing it via ads or subscription revenue, which is smart. Before diving into the stock market, it’s crucial to understand how investing works.

Snap Inc. announced its Third Quarter 2023 financial results on October 24, 2023. The report typically provides insights into the company’s revenue, user growth, and profitability, critical indicators of its performance and market position. Furthermore, Tencent is diversifying its business model and exploring new revenue streams. The company’s cloud services division slashed prices by up to 40% in an intense price war, aiming to capture a larger market share in China’s competitive cloud computing industry. However, it does offer some employees restricted stock units, which vest over time as long as they remain employed.

The company has been reducing its workforce in some areas and selling off portions of its investment portfolio, including a stake in Meituan, to raise capital. This move to sell part of its https://forex-review.net/ stake in the food delivery giant for about $3.5 billion indicates a focus on core businesses and financial prudence. It is not confirmed 100% if TikTok will float on the stock market.

Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. If you’re looking for authentic and family-owned Chinese cuisine in the US, you might have stumbled upon Panda Express. TikTok is owned privately by ByteDance, so it would be up to them if they would consider doing n Initial Public Offering (IPO). Since it’s unlikely that there will be another funding round to raise capital, waiting for ByteDance to become public is the simplest route to invest in TikTok Stock.

Before the pandemic, the company generated revenue of nearly $11 billion, with net income of almost $1.9 billion. Last year, the company only posted $1.53 billion in sales and a staggering loss of $5.3 billion. For the year ended Sept. 30, 2021, Disney posted revenue of $67.4 billion, which was down 3% from the fiscal year before the pandemic. But on a TTM basis, the company is looking at sales of nearly $73 billion, which is about 5% higher than the most recent pre-pandemic year. While it’s difficult to pinpoint individual consumers’ core reasons, the brand features a non-judgmental ethos aimed at attracting non-gymgoers.

It popularized the short-form video format, built an incredible content-recommendation algorithm, and is working on new ad technology to monetize it. But it’s also a high-risk investment because it faces potential challenges from regulators and deep-pocketed competitors. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv.

  1. Last year, Tesla generated $53.8 billion in revenue, representing growth of nearly 71% against the year-ago comparison.
  2. With gaming becoming a serious business, everybody’s looking for an inside edge — and content creators are all too happy to share.
  3. No part of the writer’s compensation was, is, or will be directly or indirectly, related to the specific recommendations or views expressed in this article.
  4. That alone is guaranteed to whet the appetities of investors.
  5. ByteDance is a privately held company and its shares do not currently trade on any public exchange.

Besides FB and TWTR, PINS and SNAP are two more social media apps you can trade today on the US stock market. You may not be able to trade TikTok stock, but you can trade $META. 2009 is committed to honest, unbiased investing education to help you become an independent investor. We develop high-quality free & premium stock market training courses & have published multiple books. We also thoroughly test and recommend the best investment research software. The company’s daily active users (DAUs) grew by 5%, while ad impressions across Meta’s apps grew by 31%, as reported by Reuters.

Analysts believe TikTok’s most valuable asset is a machine-learning platform that uses algorithms to track and identify the videos users want to watch. The algorithm identifies the videos that users are most likely to watch. Snap (SNAP) owns the popular video and photo-sharing app Snapchat, which some observers consider a direct competitor to TikTok. Some of those social media companies are proven money makers, unlike TikTok Global. TikTok’s parent company, ByteDance, Ltd., most recently offered to repurchase shares from employees in late 2023 for $160 per share, valuing the company at $223.5 billion. However, both arguably have greater resources than the Chinese company to build audiences and content-recommendation algorithms while monetizing their respective platforms.

TikTok is a widely known social media app used for sharing videos. It allows TikTok users to create short videos and share them with friends, family, and fans. TikTok stock could be a great option for investors looking to cash in on the social media craze.

This was in an attempt to judge whether any national security threats warranted banning or selling the brand. For example, TikTok has been banned several times in India due to criticism of the Indian government on the platform. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. Impressively, across 9 funding rounds ByteDance has raised a total of US$7.4 billion, according to CrunchBase. At ByteDance’s latest funding round – led by Tiger Global Management – the company boasted an implied valuation of between US$ billion – according to the Wall Street Journal. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader.

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