Stock Rover offers a wide range of services to its clients that have been praised by both retail and professional investors. It is clear that Stock Rover is ahead of the game compared to many other research-providing services.
The free plan gives access to a lot of the important features, but certainly not all. If you are an investor who is looking for top-quality research, comparable methods of valuation, and willing to pay the monthly fees for premium accounts, Stock Rover may be a great option for you.
Average investors often feel like they are at a disadvantage to large mutual funds and hedge funds due to their lack of quality investment research. The Stock Rover platform is aiming to change that by offering in depth market research for the common investor.
Stock Rover aims to bridge the gap between the research provided to the big players in the game and average everyday investors. Stock Rover has a goal to offer the highest quality research and insights to its clients.
In this review, I will be providing an overview of the main features of Stock Rover as well as the pros and cons.
Stock Rover is attempting to provide the very best investment research to its clients. By creating a very powerful global investment research platform, it is acting to bridge the research gap for investors big and small.
The most important part about this platform is the brilliant features available to investors.
One of the major features and quite unique to Stock Rover is the research reports feature. Users can view a comprehensive report of over 7,000 different stocks. You can view analyst reports, financial data, valuation metrics, and more using the research reports feature. This allows you to get all the relevant and important key information on a stock all in one view.
Using Stock Rover’s powerful platform, investors have access to an in-depth screening process that allows them to find the companies that fit their individual preferences. The screening features are not limited to P/E ratios or EPS growth. Investors can screen for hundreds of different metrics that they deem important.
ETFs are a great way for retail investors to diversify their portfolios.
The ETF screening feature that Stock Rover offers allows for comparison between different funds and various features unique to ETFs that can be easily sorted through.
In this screening process, Stock Rover implements the investing strategies of successful investors such as Benjamin Graham, Peter Lynch, and Joel Greenblatt to offer various investments that pass the investment checklist for these gurus.
For example, you could look at Benjamin Graham Value Investing.
Stock Rover offers weighting criteria for premium members that can assign a weight to specific variables that the investor emphasizes. This weighting criteria is very unique to Stock Rover and clients who pay for the premium tier.
Also available to premium members, this screener allows for the client to write custom equations while still being able to filter on historical data. This allows for a very dynamic and complex screening process that has the potential for clients to find great investment opportunities.
Are you interested in investing in companies with large market caps, but don’t want to pay the excess premium that often accompanies these large enterprises?
Stock Rover offers a feature that screens for 25 of the cheapest mid/large-cap companies vs their 5-year average to find the best deals in the market compared to historic levels.
Stock Rover offers the option to find companies that have great free cash flow and are still inexpensive based on their operating income and sales over 5 years.
Free cash flow is the cash left over after all expenses including bondholders are paid for, so this is very important in determining companies to invest in.
Stock Rover takes into account many different technical aspects in its screening processes as well including volume, price, and momentum. This feature may be very valuable to clients who are looking to make short-term trades in the market based off of momentum characteristics.
Stock Rover offers a variety of comparison features in its stock research feature. The financial data is provided by Morningstar, which is one of the leaders in investment research and data reporting.
When looking for companies to invest in, it is often as difficult to examine upcoming negative news. Stock Rover offers a stock warning feature that points out potential catalysts for downward price movement.
Events such as an increase in leverage or debt can be potential red flags for investors. Stock Rover's investor warning feature will notify you of these events.
This feature allows clients to make side-by-side comparisons of financial statements and compare important metrics important for determining investment opportunities.
This is a very valuable feature that Stock Rover offers which gives a comprehensive guide on the important metrics in valuation, how to use the different screening processes that are available on the platform, and overall educational resources that are associated with investing.
Found on Stock Rover’s blog, the weekly market briefing is a weekly post at market close on Friday that recaps everything that went on in the market over the entire week.
After reading a few market briefings, it is my opinion that they are concise, clear, and straight to the point. Very useful for busy people who want a quick overview of what happened over the previous week.
Stock Rover offers a charting program that allows for different technical indicators to be overlaid. You can also compare price action and various other charting metrics that can be used within a client's portfolio.
One extremely important feature of this charting software is the ability for clients to upload and overlay their portfolio over other metrics. Do you want to overlay your portfolio’s price action over the past six months in comparison to the S&P 500? Stock Rover allows you to do this through their implementation feature.
Stock Rover offers its clients to contact them through their email, [email protected], or by phone number which can be found on their website. It notes that the best time to reach the company is during the week as their phone line runs M-F 9 AM To 5 PM Eastern Time.
Stock Rover’s free plan contains coverage of over 10,000 North American Stocks, 3,000 ETFs, and 40,000 mutual funds. On top of that, it offers comprehensive portfolio management, brokerage integration, powerful charting capabilities, and daily analyst ratings.
These are just a few of the extensive features offered with the free plan.
Stock Rover offers many different premium plans all varying in price with differentiating features.
The Essentials plan is offered at $7.99/month or $79.99/year.
Clients will get everything in the free version plus more powerful investment comparison tools, customizable columns, fast stock screening, access to the Stock Rover Investment Library, and guaranteed responsive support to just name a few of the features.
The Premium Plan comes in at $17.99/month or $179.99/year.
This plan includes everything in essentials plus 10 years of detailed financial history, data exporting ability, ETF screening, advanced alerting, and multi-monitor support to name a few of the key features.
This plan will run clients $27.99/month and $279.99/year.
Everything is offered in premium with the addition of 300+ additional metrics, equation screening, stock fair value and margin of safety, ratio charts, much higher data limits, and top priority email support. These are just a few of the most important metrics, there are many more.
In summary, Stock Rover offers a wide range of services to its clients that have been praised by both retail and professional investors. The free features are great and will be helpful to almost any research oriented investor. For those who want a bit more, they offer different paid subscriptions.
It is clear that Stock Rover is ahead of the game compared to many other research-providing services. The free plan gives access to a lot of the important features, but certainly not all. If you are an investor who is looking for top-quality research, comparable methods of valuation, and willing to pay the monthly fees for premium accounts, Stock Rover may be a great option for you.
For the time being, they do not have an app. However, you can access the website on your phone. Lastly, you cannot place trades through this service. You will have to use this tool in connection with a stock trading app or brokerage.