Free Resources Stockpickers Can Use For Research And Analysis

Not sure where to start? Here's a couple of free resources you can use as stepping stones to get you started with your investment research.
July 14, 2023
Unlock Free Stock Insights + 50% Off Discount Code!
Join thousands of savvy investors and get:
  • Weekly Stock Picks: Handpicked from 60,000 global options.
  • Ten Must-Have Stocks: Essential picks to hold until 2034.
  • Exclusive Stock Library: In-depth analysis of 60 top stocks.
  • Proven Success: 10-year track record of outperforming the market.
Sign up to our mailing list now and enjoy a 50% discount on premium services!
By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Policy and Terms of Use.

Why do these things? Well, as Peter Lynch once said, people will spend six months picking a home to buy, but only a couple of minutes picking stocks as investments. It can make all the difference with a bit of research. So if you don't know where to begin, we've got some free tools you can get started using today. 

Glassdoor

Glassdoor, for those unfamiliar, is an anonymous employee reviewing platform. It gives insights into what it is like to work at the company from former employees perspectives, and it collects data to cover five key headings:

  • Overall rating of the workplace
  • Would you recommend the company to a friend?
  • CEO approval rating
  • Salary
  • Benefits


Glassdoor is a great starting point to get an overall picture of a company's culture; how they treat their staff, what they're working on, and even an overall sense of employees' motivation, rewards, and respect they have for the wider leadership team.

Just one thing to note -- some reviews will be negative anyway. There's usually a reason why it's a former employee, but generally, it's a reliable source and you can pick up on recurring pros and cons. 

The App Store or Play Store

Now, this one is for consumer-facing businesses generally, which can make great investments as they're easier to understand usually -- we're all consumers after all! With the digitization of products and services, a lot of consumer-facing brands will have an app available. To get an idea of overall customer satisfaction, give a quick search.

If the star rating is low, you might want to do some digging to see why it's below par -- and you can do just that -- by filtering reviews from best to worst, and see if there are any ongoing issues that keep cropping up.

Conversely, if the company has only great reviews, it could be a sign of a business that has a customer-oriented strategy in place that allows them to acquire, but more importantly, retain, customers over the long term. A bit of digging is necessary to confirm that, but it's a good starting point.

You can also check out the app store rankings online and filter by category, device, and country -- a great tool for figuring out how strong a network the company has and if its presence is improving or stagnating. 

The company's website

There's no better place to get the most accurate and up-to-date information than a company's website. This is where you will find all of the following:

  • The company's quarterly results
  • Earnings Calls
  • News on strategic partnerships/deals
  • Changes in leadership
  • The wider business model -- products and services you may have not even known about

Company blogs can also be an underutilized resource that gives you insight into exactly what the company is working on right now. Just watch out for bias towards the company itself and take statements with a pinch of salt -- you'll see all the warnings on forward-looking statements anyway!

TipRanks

If you haven't heard of it, TipRanks is a website that pools together analyst opinions, estimates, and expectations, although, the bare minimum is free in this case. What it does do is provide some insight into industry experts' opinions of whether a stock is being fairly valued.

Now, just because an analyst has a 'buy' rating, definitely doesn't mean you should invest, but it would provide a general overview of sentiment for the stock. The company also gives a track record of analysts' historic calls, as well as their expertise, and the company they work for,  so you'll be able to decide whose opinion you take into account from there.

CEO interviews

Last but not least, CEO interviews can be a brilliant way to gain an understanding of the leadership story, mission, and values behind a business. There's no dedicated site for CEO interviews, but in many cases, you'll find them for free on social platforms like YouTube, from news sites like CNBC, or from podcast applications like Spotify

In Conclusion...

So there we are! Some initial stepping stones investors can take to get a brief overview before wasting time and money.

Unlock Free Stock Insights +50% Off Discount Code!
Join thousands of savvy investors and get:
  • Weekly Stock Picks: Handpicked from 60,000 global options.
  • Ten Must-Have Stocks: Essential picks to hold until 2034.
  • Exclusive Stock Library: In-depth analysis of 60 top stocks.
  • Proven Success: 10-year track record of outperforming the market.
Sign up to our mailing list now and enjoy a 50% discount on premium services!
By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Policy and Terms of Use.

The Home of Successful Investing.

© 2024 MyWallSt Ltd. All rights reserved.


Services

Content

Social

Company

Support

Resources


This website is operated by MyWallSt Ltd (“MyWallSt”). MyWallSt is a publisher and a technology platform, not a registered broker-dealer or registered investment adviser, and does not provide investment advice. All information provided by MyWallSt Limited is of a general nature for information and education purposes, and you should not construe any such information as investment advice. MyWallSt Limited does not take your specific needs, investment objectives or financial situation into consideration, and any investments mentioned may not be suitable for you. You should always carry out your own independent verification of facts and data before making any investment decisions, as we cannot guarantee the accuracy or completeness of any information we publish and any opinions that we publish may be wrong and may change at any time without notice. If you are unsure of any investment decision you should seek a professional financial advisor. MyWallSt Limited is not a registered investment adviser and we do not provide regulated investment advice or recommendations. MyWallSt Limited is not regulated by the Central Bank of Ireland. MyWallSt Limited may provide hyperlinks to web sites operated by third parties. Your use of third party web sites and content, including without limitation, your use of any information, data, advertising, products, or other materials on or available through such web sites, is at your own risk and is subject to the third parties' terms of use.