What Is a Stock Symbol?

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A stock symbol is a series of letters or numbers that is used to identify different companies being traded on the stock market. Look up stock symbols using Bloomberg.com with instructions from a financial analyst in this free video on the stock market.

Part of the Video Series: Stock Market Tips & Facts
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Video Transcript

Do you own stock in Coca Cola or Pepsi or McDonalds or G.E. or UniLever or Chevron or B.P. and on and on and on? Do you ever wonder how to identify your company if you look it up in the newspaper or look it up on a website? Hi, I'm Roger Groh at Groh Asset. The way that we've all learned to do that is through stock symbols, meaning each company has chosen a group of letters to help identify the shares sold by that company on specific exchanges. Now, for instance, in Hong Kong, everything is in numbers. On the NASDAQ in the United States, typically, there are four letters. So it really depends upon the country and the exchange that you're dealing with, but the key is, each individual issue will have an ID. And you need to understand what that ID is in order to figure out what the value of your holdings are. So, that's a little bit about stock symbols. Good luck. Look 'em up. You can always go to bloomberg.com, and on the very top there'll be a box that says 'Symbol Search.' You can type in the name of the company that you're thinking about. Up will come a symbol. That's how you can find them. That works globally on Bloomberg. Hope that helps. I'm Roger Groh with Groh Asset, and thank you very much for spending time with me.

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