Taas means Transportation as a Service. It is an industry that focuses on making comfortable transportation available to people at a cost that is lower than the cost of owning a vehicle. A famous company in that industry is Uber. There are several companies under Taas and just like other companies, the stocks of these companies are available for purchase. Taas stock refers to stocks sold by a Taas company. Read further to know more about Where To Buy Taas Stock?
You can purchase the stock of any Taas company the same way you can purchase the stock of other companies. You can open a brokerage or an investment account, or use a brokerage company. There are several brokerage companies you can use when you want to buy Taas stocks, companies like Interactive Brokers, Fidelity, etc.
Where to buy Taas stock
Taas stock can be purchased the same way the stock of other companies is purchased. You can follow these steps if you want to purchase Taas stock.
1. Open a brokerage or an investment account
This step only demands that you supply some fundamental identity information, then you will choose how you intend to fund your account.
2. Purchase the stock yourself or use a brokerage company
You can buy Taas stock through a stockbroker online. You can employ the services of a full-service stockbroker. You can also purchase the stocks from the particular Taas company directly.
Brokerage Companies you can use to purchase Taas stocks
1. Fidelity
2. Interactive Brokers
3. TD Ameritrade
These companies are online trading platforms, so you can easily access their service via your mobile phone. You can also get all the information you need about specific Taas companies you can invest in on their website. You can use these companies to purchase any Taas stock you want.
Is Taas Stock good?
Taas stocks are financial assets sold by a Taas public company. Such companies include Yandex, Uber, Lyft, Dominos, etc. Many experts project that the Taas industry has great potential to grow and keep growing. Estimates show that using Taas is ten times cheaper than buying, maintaining, and running a car. Even the modest projections and estimates for the next twelve months show that the Taas industry stock price will increase.
However, some trends such as electric vehicles pose a threat to the future predicted growth of Taas stocks. Electric vehicles will consume lower fuel quantities and they might be cheaper to use and maintain. This may rekindle people’s interest in owning cars.
That said, the driverless vehicle tech may have positive effects on the future projected growth of Taas stock prices. These cars are very expensive, so, many people won’t be able to afford them. This will cause them to turn to Taas.
Taas stocks have solid projected growth within twelve months and their current prices are low comparatively. This might be the most suitable time to invest in them. That said, it’s not only about joining the bandwagon and buying a Taas stock, it’s about doing your research and finding the best Taas company stock to buy.
Top Taas companies to buy Taas stocks from
1. Uber: Uber is a popular name in the Taas industry all over the world. The company is based in San Francisco and it carries out about 19 million trips every day. That’s a massive number. In February 2022, the company’s stock price on NYSE was about $34. Projections by analysts indicate that by the end of the next twelve months the value of the stock price will be between $43 and $80.
2. DoorDash
DoorDsh is a convenience and food delivery company. Taas industry also includes companies that offer food delivery services because people commute a lot just to buy groceries. In February 2022, the company’s stock price on NYSE was about $102. By the end of the next twelve months, analysts project the stock price to be between $118 and $230.
What to do before buying a Taas Stock
1. Research extensively
Do comprehensive research before you choose which Taas company you will invest in. Check the stock price and study their stock history and reports to make a better choice of which Taas stocks you should purchase.
2. Decide on how much money you will be investing
3. Invest in either mutual or individual fund stock
Individual stock is just the stock of a particular company, whereas, mutual fund stock represents the stock of several companies in one investment. The two types of stocks have their pros and cons.
After purchasing your desired Taas stock it is important that you monitor your investment. Ensure you keep yourself abreast of the fluctuations in the Taas stock market. Taas investments are projected to be profitable, but just like any other investment, there is no absolute guarantee that they will be profitable.
Conclusion
The Taas industry is growing by the day and Taas stocks are projected to continue to increase in prices, which is good news to actual and potential investors. You can purchase a taas stock yourself or use a brokerage company. Do diligent research about these stocks before spending your money on them. You should also monitor your purchased investment well.
Frequently Asked Questions
1. Did Covid-19 affect the Taas Industry?
Yes, it did, but many Taas companies have bounced back and are now flourishing.
2. Does the Taas industry also involve renting cars?
Yes, car renting is part of the services offered by the Taas industry
