When you buy stock, you buy shares of stock.

True

False

Yes, the answer is True

The given statement is True

Explanation:

We must first understand the "difference between stocks and share" to answer this question.

Stocks are all the overall ownership that a person possess. It might be from one company or multiple companies.

Shares are the ownership of the particular company. The person is responsible for his/her own share. Eg. You goto a dinner along with your friend and the bill is $100 then you must pay half ($50). That's called a share.

So "when you buy a new stock", indirectly it means that you buy a share of a single or multiple companies.