In this article, we will talk about the Best Stock Research Website for Informed Investing. For our detailed discussion, go directly to the 15 Best Websites To Research Stocks.
When it comes to building a strong portfolio, retail investors conduct a great deal of research to learn about the macroeconomic climate, read up on the most recent stock market trends, become familiar with investing strategies, and observe the most notable actions of smart investors and elite hedge funds. A sizable portion of the investing community consists of retail investors, and they have access to a wealth of online information that can assist them in navigating the volatile stock market. According to Gallup’s survey, 162 million Americans, or 62% of adults in the United States, own shares in public companies. That is a 1% rise over 2023 and the highest percentage observed by Gallup since 2008. During the Great Recession, stock ownership declined and remained low for more than a decade, reaching lows of 52% in 2013 and 2016. Before 2008, the majority of Gallup surveys revealed that at least 60% of American adults owned stocks.
Today, the stock market is very different from what existed at the time of the millennium. The internet has democratized information, resulting in increased stock market involvement, which has been accelerated during the pandemic. Wall Street welcomed retail investors for the first time as a result of the pandemic, even though the global outbreak is primarily remembered for the deadly virus and lockdowns. In a poll, 15% of American stock market participants stated they started investing in 2020. The study additionally shows that these new investors tended to be more optimistic about their prospects for success in the stock market. A study revealed that 19.5% of all stock market shares exchanged in the first half of 2020 were made by individual investors. That is about twice as many trades by ordinary investors as there were in 2010, and it represents an increase of 4.5% over 2019. This occurred during the meme stock mania in 2021, which saw prominent businesses skyrocketing on the stock market as retail investors banded together on social media and purchased the shares in bulk.
Notwithstanding the attraction of potential profits, new research from eToro indicates that many retail investors in the United States appear to be more afraid of losing money than they are of missing out on the next great opportunity. Rethinking Risk, research by eToro, finds that while 31% of US retail investors are driven by the fear of missing out on the next great thing, 61% of investors indicate that their investment strategy is shaped by the fear of losing money through immoderate risk. Their behaviors, however, reveal a different tale, as many retail investors continue to invest in risky assets, with 70% holding single stocks and 41% holding crypto assets in their portfolios. Additionally, this research shows that 62% of people who began investing in the markets now feel better about it.
Amidst these developments, the demand for easily available, reliable information to aid retail investors in their decision-making is rising. According to a survey conducted by BNY Mellon and the World Economic Forum on global retail investment, three-quarters of current retail investors said they would trade more actively if they had more opportunities to learn about investing along with personalized, goal-oriented stock guidance. Here’s where trustworthy websites for stock research would come in very handy.
So let’s look at the Best Stock Research Website for Informed Investing.
A fast-paced trading floor with brokers in motion with the Hong Kong stock exchange in the backdrop.
Methodology:
For our list of the best websites to research stocks, we ranked them on the basis of consensus of several sources and reddit threads on the same topics. A website received one point everytime it appeared on a source, and we only selected websites that appeared at least thrice in our research. Furthermore, we also considered quantifiable factors in these websites that create substantial value for their audience and scored them additional points for that.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here)
TradingView
TradingView is a prominent online platform for traders and investors that offers a variety of tools and resources for researching financial markets, exchanging trading ideas, and placing trades. It provides real-time data and charts for commodities, FX, cryptocurrencies, equities, and other assets. In addition to following other traders and viewing their analysis and insights, users may design their indicators, methods, and trading alerts. TradingView is a tool for both new and seasoned traders because of its intuitive layout and extensive range of community features.
On January 13, TradingView reported that Google, a division of Alphabet Inc. (NASDAQ:GOOG), has signed a deal with a Berkshire Hathaway electric company to use geothermal energy to power its data centers in Nevada.
According to a statement from Google, the planned agreement with NV electricity has been submitted to the Nevada Public Utilities Commission for approval, and it would help Google achieve its goal of powering its data centers and offices fully on carbon-free electricity by 2030. As per the announcement, Google will get around 115 megawatts of geothermal electricity through the energy supply agreement. This represents a 25-fold increase in the amount of improved geothermal capacity that Google presently has enabled. Geothermal electricity is produced from the earth’s heat.
NV Energy Chief Executive Doug Cannon stated, “If approved, it provides a blueprint for other utilities and large customers in Nevada to accelerate clean energy goals.”
For TTM and 2023, the YoY growth rates are around 3.50% and 8.68%, respectively.
According to Insider Monkey’s Q1 FY2024 data, 165 hedge funds were long on Alphabet Inc. (NASDAQ:GOOG) at the end of the quarter, which decreased from 166 funds in the prior quarter. Ken Fisher’s Fisher Asset Management is the largest stakeholder in the company, with 46.33 million shares worth $6.99 trillion.
Lakehouse Global Growth Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOG) in its April 2024 investor letter:
“Alphabet Inc. delivered a strong quarterly result that came in well ahead of analysts’ expectations. Revenue grew 15.4% (16.0% constant currency) to $80.5 billion and operating income grew 46.0% to $25.5 billion. Revenue growth accelerated across Search, YouTube Ads, and Google Cloud, all whilst the company delivered its highest operating margin since 2021 – showing meaningful progress in the company’s efforts to durably re-work their cost structure. On the Generative AI front, management emphasised the company’s infrastructure advantages including 5th generation TPUs(chips developed by Google specifically for AI training and inference), high performance data centre architecture, and AI models that are 100x more efficient versus 18 months ago. Overall, we believe that Alphabet is well placed for the AI opportunity ahead and still has significant latent earnings power. When combined with a relatively undemanding valuation of 21x forward net profit and over $100 billion of cash on the balance sheet, it’s not hard to see why we remain positive on the range of outcomes in the years ahead.”
TradingView ranks 15th on our list, but if you want to check out what other websites are and where they rank, visit the 15 Best Websites To Research Stocks. If you are looking for an AI stock that is more promising than GOOG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. 15 Best Websites To Research Stocks is originally published on Insider Monkey.
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