Stock research is not an easy thing to do. There are so many variables that go into it, and it can be overwhelming as a beginner. For example, what do you need to look at when evaluating a stock? How do you know if a company is good or bad?
Fortunately for you, we’ve done the legwork for you. We’ve put together a list of apps that will help you find the best stocks for your portfolio. These apps will give you insight into what makes a good investment, and how to evaluate companies based on their financials.
Table of Contents
Best Apps For Stock Research
As a stock trader, you know that taking time to research stocks and funds you want to trade gives you an advantage, so do you use tools and subscription services that can help you trade more effectively?
We’ve rounded up some of our favorite trading tools that can help you maximize your profits, minimize losses and master the stock market.
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Benzinga Pro offers a real-time newsfeed as headlines break on earnings releases, analyst ratings, rumors, the biggest movers, and many more actionable alerts.
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Best Stock Research Tools
Now that you know what you’re looking for, consider testing out one of these top picks for stock research.
- Benzinga Pro
Who it’s for: All levels
Price: Starts at $99 per month – Learn More
Tools inside Benzinga Pro include:
Newsfeed
Screener
Movers (Find top gainers and losers)
Audio Squawk
Stock Details
Why Is It Moving?
Calendar Suite
Watchlists
Signal Alerts (including opening gaps, block trades and options alerts)
Benzinga Pro
Best For
All Trading Levels
Overall Rating
GET STARTED
securely through Benzinga Pro’s website
- Countach Research
Who’s it for: Anyone who wants to learn more about maximizing their portfolio
Price: Video course is free; $1200 for full subscription
Countach Research makes it easy to learn about trading, gain actionable insights and profit from your investments. You can check out the video course on YouTube where Countach posts 5 new videos every week. Plus, the alerts include niche stock analysis, stock recommendations, global news, a model portfolio and thoroughly-researched insights.
Countach Research
Best For
Market Researchers
Overall Rating
GET STARTED
securely through Countach Research’s website
More Details
- Ziggma
Who it’s for: All levels
Price: Free for the basic version, $9.90/month for Ziggma Premium
Beginners and experts alike benefit greatly from Ziggma’s institutional grade quantitative stock research offering. Ziggma’s powerful algorithm scores stocks on a scale of 0-100 within a given industry, thereby helping users identify the best stocks quickly.
Ziggma
Best For
Portfolio Optimization
Overall Rating
GET STARTED
securely through Ziggma’s website
- Moomoo
Who it’s for: Cost-conscious traders
Price: Free
Moomoo was designed as a platform for smart trading, while investors can also enjoy the benefits of low fees.
This mobile trading platform built their advanced tools well-organized in one app. It’s free and easy to use for both beginners and experienced traders. A host of research tools can help you make smart investment decisions. There’s also a paper trading feature with real-time data if you want to simulate the investment experience before going all in.
Moomoo
Best For
Active Traders
Overall Rating
Read Review
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securely through Moomoo’s website
1 Minute Review
Moomoo is a commission-free mobile trading app available on Apple, Google and Windows devices. A subsidiary of Futu Holdings Ltd., it’s backed by venture capital affiliates of Matrix, Sequoia, and Tencent (NASDAQ: FUTU). Securities offered by Futu Inc., regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
Moomoo is another great alternative for Robinhood. This is an outstanding trading platform if you want to dive deep into smart trading. It offers impressive trading tools and opportunities for both new and advanced traders, including advanced charting, pre and post-market trading, international trading, research and analysis tools, and most popular of all, free Level 2 quotes.
Get started right away by downloading Moomoo to your phone, tablet or another mobile device.
Best For
Cost-conscious traders
Active and Advanced traders
Pros
Over 8,000 different stocks that can be sold short
Access trading and quotes in pre-market (4 a.m. to 9:30 a.m. ET) and post-market hours (4 p.m. to 8 p.m. ET)
No minimum deposit to open an account.
Cons
No chat support
- Stock Rover
Who it’s for: Professional investors
Price: Free to $479.99 bi-annual subscription
Stock Rover is a comprehensive stock analysis and screening tool that gives investors access to high-quality research tools, educational content, expert analysis and more.
Stock Rover
Best For
Professional Investors
Overall Rating
GET STARTED
securely through Stock Rover’s website
1 Minute Review
Stock Rover is a comprehensive stock analysis and screening tool that gives investors access to high-quality research tools, educational content, expert analysis and more. Stock Rover goes well beyond standard analysis tools, offering account holders 1 of the most comprehensive sets of screening criteria and research qualifications that we’ve seen. For example, users can filter investment opportunities using over 650 metrics with Premium Plus access.
Stock Rover offers 4 different plan tiers, which can become confusing for new investors who aren’t exactly sure which tools they’ll use. However, free accounts offer a wide range of functionality that gives users a better feel for Stock Rover’s setup, along with a free trial of Premium Plus functionality. Getting started with a Stock Rover account is also exceptionally easy — we were able to open our free account in under 60 seconds.
Best For
Professional investors who need high-quality analysis and research tools
Visual learners who benefit from seeing data laid out using charts and graphs
Anyone searching for the widest array of screening metrics
Pros
Incredibly comprehensive range of investment analysis tools
Over 650 screening criteria included on Premium Plus plans
Simple account opening and brokerage account linking
Free accounts available
Cons
Wide variety of plan options that can be more confusing for new investors
- TradingView
Who it’s for: All skill levels
Price: Free to about $40 a month for the most in-depth packages
TradingView is a combination stock screening tool and charting package that offers a more readable charting software than some of the best investing apps on the market.
Tradingview
Best For
Charts
Overall Rating
Read Review
GET STARTED
securely through Tradingview’s website
1 Minute Review
TradingView is a powerful stock screener, charting platform and research powerhouse providing a massive range of tools investors can use to learn more about the markets. Some of TradingView’s most impressive features include its fully operational mobile app, wide range of screening criteria, custom script incorporation and much more.
In addition to charting and research tools, TradingView also offers a wide range of educational tools. View news feeds associated with each asset, read articles, view real-time market data and even watch livestreams with professional traders to improve your skills. Paper trading accounts are also available to help you master TradingView’s wide selection of tools.
Although TradingView’s content can be overwhelming for newer traders and investors, the platform remains among the most impressive research hubs on the internet.
Best For
Professional investors
Investors with programming experience
Traders who need minute-by-minute updates
Pros
Impressive selection of research tools
Comprehensive stock screening
Free accounts available
Wide selection of engaging educational resources
Cons
Customer service choices not all-inclusive
Higher-tier plans out of some investors’ budgets
Certain areas of the website poorly organized
- MS Algo
The Market Scalper Algo (MS Algo) is a tool that currently works only within TradingView to overlay your financial charts with signals to buy and sell. It also provides independent exit signals for each.
The tools can be used on equities, futures, forex and cryptocurrency. It uses proprietary technology and strategies to provide the most accurate signatures. You can setup automated alerts for your phone, email and Webhooks.
It’s easy to setup and affordable. Plans start at $49 per month.
MSAlgo
Best For
Traving View users
Overall Rating
Read Review
GET STARTED
securely through MSAlgo’s website
1 Minute Review
MS Algo seeks to provide the most accurate buy, sell, exit, and take profit signals around. Investors can see those signals right on their Trading View charts so that they can act quickly to make trades based on those signals.
Best For
Day traders or swing traders who want accurate entry and exit signals
Investors looking for a tool to look for good long and short opportunities
Pros
Works on all types of securities including stocks, futures, forex, and cryptocurrency
Affordable pricing
High degree of accuracy
More signals available.
Cons
The tool is currently only compatible with Trading View
- TradeZero
TradeZero is a unique platform that helps you invest in your own way, allowing you to use either your desktop or the mobile app. The app includes 24/7 customer support, commission-free trading options and free use of the app. If you want to step up, you can register for $59 per month to use your Pro account anywhere you like.
You can trade stocks in real-time, invest using timely data, pay low fees and complete a technical analysis on any asset you please.
TradeZero is extremely secure, adhering to all federal standards. Additionally, free limit orders and higher leverage for day traders make the platform a powerful place to trade, even if you’re new to investing.
TradeZero
Best For
Scalping
Overall Rating
Read Review
GET STARTED
securely through TradeZero’s website
More Details
Main Types of Stock Research Tools
There are multiple types of stock research tools available. The best ones to use will depend entirely on your trading strategy and personal preferences. Here are some of the most common types of research tools.
Stock screeners. Stock screeners scan the entire market and give you information on average trading volume, price, chart patterns and more. You can set a predefined set of criteria. For example, you could set for stocks trading under $1 that have an average volume of at least 1 million shares. The screener will show you stocks that fit your specifications.
Charting software. Charting software shows you the performance of a stock, fund or index over time. Charts may be shown using lines or candlesticks. Many day traders use candlestick charting software to decide when they should buy or sell.
Stock simulators. Paper trading accounts, dummy accounts, stock simulators — whatever you’d like to call them — allow you to practice your fundamental analysis or test out trading strategies without wasting actual money. It’s a good idea to test the waters using a stock simulator first if you’re entering the market for the first time.
Trading newsletters. Trading newsletters are expertly-crafted email or print messages that tell traders about unusual market movements, new developments and innovations and offer expert opinions on how stocks will move. Newsletters may be sent out as sparsely as every quarter or as frequently as every morning.
What to Look for in a Stock Research Tool
There are a few essential features to look for when you decide which stock research tools you want to use.
Real-time data. If you’re a frequent trader, having the most up-to-date information is crucial. A stock’s value can change at a second’s notice, so it’s important that you have the most recent information on price, movement, charting pattern and volume. Look for stock research tools that offer real-time market streaming and charting. If you’re looking for a dummy account, look for one that allows you to trade in real time alongside the actual market — this will give you the most accurate and authentic experience.
Customizable tool. Every trader is different. Because trading strategies vary so drastically, it’s possible to interview 10 traders and get 10 completely different answers when asked what makes a good research tool. Look for research tools that allow you to customize your experience and data.
An easy-to-use format. The best research tool is useless if it’s too hard for you to use. Most major charting and scanning software providers allow you to enjoy a limited test run of their products before you invest in the full set of features. Run a few trades or scans with the demo version first before you buy. If your tool or app doesn’t offer a free trial version, make sure to read plenty of reviews and pay special attention to what the reviewer thought about the platform. See if you can find a free version or sample issue online. Read through it to see if you enjoy the tone and subject of the newsletter.
Research Tools to Drive Growth
No matter which research tool and trading strategy you use, remember that there are certain rules of thumb:
When investing, always be sure to keep your overall asset allocation in mind.
Don’t be afraid to take calculated risks after you’ve done your research.
Make sure that you don’t trade more than you can afford to lose.
Want to learn more? Check out Benzinga’s guide to the best stock analysis software, best online brokers, best day trading books and best day trading courses.
best stock research tools
Several new stock research platforms have launched in the last few years. Although most platforms differ in terms of data coverage, geographical coverage, and available tools, the age-old problem remains — interpreting the data provided by the companies and deciding which one is the best suitable for investors. The following stock research tools are at the forefront of solving this problem, in our opinion, by offering a diverse set of features that are user intuitive and aid in generating actionable insights, rather than just spewing raw data.
Stock Research Tool
12 Best Stock Research Tools for 2022:
Ycharts
Business Quant
Gurufocus
Morningstar Premium
S&P Capital IQ
Finbox
Koyfin
Stockopedia
MarketXLS
Thomson Reuters Eikon
Benzinga Pro
Bloomberg
Looking at Stock Research Tools
Ycharts
Ycharts was founded back in 2009, and since then, it’s well known for providing an extensive range of data points. They claim to have over 4000 clients who collectively oversee more than $750 billion in assets.
Ycharts provides 7-day free trial for their services,
Their Standard basic package is priced at $3,600/year and the Professional is priced at $6,000/year
The standard package includes access to the following :
Fundamental & Technical Charting
Stock & Fund Screeners
Live News and Customizable Alerts
Analyst Estimates & Recommendations
Dashboard for Monitoring Markets & Securities
Professional and Enterprise packages allow for the user to have access to features such as Charts, Excel Add-In, Integration Support, Model Portfolios, Comp Tables & Timeseries Analysis, Scoring Models, Dedicated Account Manager, Collaboration & Content Sharing Across Users, Tailored Onboarding & Training Program, Firm-wide Excel Model Conversion & Automation, and Consolidated Billing & Account Admin.
Ycharts
Business Quant
That’s us! Business Quant provides financial data, segment financials, KPI data, and powerful analytical tools to help investors research stocks and understand industry trends. We like to think that Business Quant is one of the best stock research tools for making informed investment decisions.
With Business Quant, you can access powerful features such as:
Key Performance Indicator Data (e.g. AT&T’s subscriber adds, McDonald’s’ restaurant openings, Tesla’s vehicle deliveries by model, etc.),
Segment and geographic financials (e.g. revenue by segment, revenue by region, etc.),
Industry Data (e.g. market share, shipments by vendor, etc.),
Non-GAAP metrics from company presentations and filings,
Stock Screener,
Sector financials,
Stock comparison functionality,
Stock warnings,
Stock ratings
SEC filings
200+ financial items and ratios for thousands for US stocks,
Financial statements dating back 10+ years,
Charting and visualization tools,
Download data in CSV and XLSX formats
Our team of analysts goes through company filings, press releases, investor presentations, and other company documents to compile segment financials, non-GAAP metrics and key performance indicators. This way, you never have to dig through boring company documents and maintain a database of your own. Countless hours saved!
The basic plan is free of cost, but provides access to limited data.
The Pro plan is priced at just $19/month, when billed annually.
GuruFocus
GuruFocus is another comprehensive stock research platform dedicated to value investing. It was founded in 2004, and it follows the principles of Warren Buffett. They believe the most effective way to create wealth is by investing long term and in quality instruments. GuruFocus provides a range of tools to excel at investment. For starters, it tracks 175+ investment gurus – mostly wealth managers and successful individual investors and CEOs and CFOs of various companies — to provide an upper hand on the market and information.
The platform also hosts vital features such as a comprehensive stock screener, discussion forums for investors, financial news, insider trading information, and a range of financial statements, business and valuation ratios. Plus, GuruFocus sports interactive charts, warning signs and data APIs to help investors to make informed investment decisions.
Clients are entitled to 7-day free trials of GuruFocus Premium and PremiumPlus memberships.
For individual investors:
The price of the Premium membership depends on the geographical market. US market data costs $449/year, while European and Asian market data costs $399/year.
For professional investors:
Professional membership costs $2,245/year for US market data and $1,995/year for Asian and European.
Morningstar Premium
Morningstar offers retail and individual investors access to news, financial data, and research on stocks, bonds, ETFs and mutual fund via its Morningstar Premium subscription product. Unlike other platforms, Morningstar premium does not rely on charts and technical analysis but focuses on fundamental analysis. Morningstar Premium is well suited to investors who prefer investing based on company fundamentals.
Morningstar Premium starts with a 14-day free trial, after which the service costs $29.95 per month or $199 per year.
Here are some features of a Morningstar Premium subscription
Portfolio X-ray
Fund screeners
Portfolio manager
Investment planning
Personal Capital advisor
Rating list
Premium articles
S&P Capital IQ
S&P Capital IQ is the research division of Standard & Poor. Ever since Capital IQ was acquired by Standard & Poor in 2004, the company has expanded operations in more than 20 countries, and its research terminals now cover almost all major markets. Capital IQ provides financial news, market insights, financial and pricing data, research reports on ETFs, funds, bonds on more than 65,000 public and 15 million private companies across the globe.
Capital IQ’s feature set includes the following:
Deep company and industry research,
Industry data,
Supply chain database,
Build and maintain models and presentation
Commodities and futures, macroeconomic, pricing and exchange data
Capital IQ’s feature set is best suited for institutional or professional investors, and its pricing starts at $13,000 per user per year with a minimum of 3 users. This pricing drops to as low as $7,500 per user per year for large teams. But that’s just the starting pricing. There are data and feature add-ons that can quickly inflate the overall cost. It’s one of the most comprehensive and perhaps one of the best stock research tools in the list, provided one has a budget for it.
Finbox.io
Finbox.io was founded in 2014. It provides fundamental and financial data for 6 major global markets, including the U.S. The platform serves as a stock market portfolio research and management instrument to help traders improve their investing skills.
What makes Finbox different is it’s financial modelling functionality. Users create their own custom financial model templates, download the recent SEC filings and monitor their returns in a model portfolio.
Finbox’s feature set includes:
Stock screener
Watchlist
Ideas (find other portfolios through the search bar)
Custom model templates
Financial data for US and 5 other markets
Data API
Educational classroom
Finbox provides a 10-day free trial for $1.
Its pricing starts at $20/month, billed annually for U.S. market data only; and $66/month when billed annually for global markets.
If you don’t want to commit to an annual plan, Finbox.io also provides monthly plans for $39 and a quarterly plan for $90.
Koyfin
Koyfin was started in 2016 by two former Wall Street veterans. Its plans start from $15/month and go all the way up to $70/month.
The platform provides customizable dashboards and focuses on US markets. It’s similar to a research terminal, except it’s on the web.
Koyfin’s feature set includes:
Macro Dashboards (macroeconomic, FX and commodity data)
Financial statements and valuations
Charting and graphing
User-customizable dashboards
Stock pricing data
Stockopedia
Stockopedia was launched in 2010. It’s now attracted more than 10,000 subscribers to its platform. The platform provides automated stock ratings and portfolio analysis.
Stockopedia provides services such as
StockRanks (automated stock ranking)
Stock screening
Portfolio tracking and watchlists
Stock reports
Charting and graphing
eBooks, Forums, Stockopedia customization and layout
Stockopedia’s has region-specific pricing:
United Kingdom – $15/month and $75/year
Europe (29+ countries including UK) and Developed Asia (5 Asia-Pacific nations) – $55/month and $400/year
Australasia, United States and Canada – $25/month and $150/year
India – $30/month and $300/year
MarketXLS
MarketXLS was founded in 2015. It’s an Excel-focused investment research platform. It provides financial, fundamental, and pricing data on stocks, ETFs, options & mutual funds within Microsoft Excel. Users can also screen stocks based on cash flow ratios, balance sheet items, income statement items, along with valuation and business ratios. There are also pattern recognition scans ideal for technical analysts and the option to back-test strategies. MarketXLS is best suited for Excel-oriented investors.
The platform provides coverage on 6 major markets: US, Canada, Australia, Germany and UK.
MarketXLS sports a feature set such as:
Portfolio monitoring,
Charts and visualization,
Technical indicator scans,
Back-testing strategies,
Social media and market news,
Options data,
Watchlists,
MarketXLS provides a 7-days free trail and comes with four different versions of subscription,
Pro, priced at $420/year,
Pro Plus priced at $680/year,
Pro Plus RT priced at $940/year and
Premium priced at $1680/year.
Refinitive EIKON
Refinitiv Eikon, launched in 2010, is a full-blown trading and research terminal like Bloomberg and S&P Capital IQ. The platform provides real-time market data, news, fundamental data, research reports, trading, and messaging tools.
It’s an open platform so clients can build and plug into a wide array of APIs and apps to get the information they need, when and how they need it.
A Reuters Eikon terminal can cost as much as $1,800 per month, or $21,600 per year, depending on the number of addons included in the subscription. There’s an additional $300 to $800 setup fee. The platform is apt for financial and investment professionals who want monitor and analyze global securities and don’t mind paying $21,600 per user, per year.
Eikon
Benzinga Pro
Benzinga Pro is a news-based research platform that was founded in 2010. The platform sets itself apart by providing real-time news for fast pace traders. It also sports other features
Benzinga Pro’s feature set includes:
Real-time news feed
Stock screener
Corporate earnings and events calendar
Charts and visualization tools
Financial statements and business ratios
News Desk gives you personal access to a team of analysts
Benzinga can get exclusive stories to their established brand in financial news
Option alerts and penny stocks
The platform has two subscription plans available:
Benzinga Pro Basic costs $99/month paid monthly or $79/month billed annually.
Benzinga Pro Essential costs $177/month billed monthly and $117/month billed annually.
Benzinga Pro
Bloomberg Terminal
Bloomberg Terminal was founded 1981, and it’s grown to become one of the most extensive and expensive research terminals across the world. It’s a multi-functional stock research terminal where you can access real-time news, events, analytical tools, view company filings, manage portfolios, conduct research, place trades customize information, access research reports, and chat with other Bloomberg terminal users.
Bloomberg has data on more than 5 million bonds, equities, commodities, currencies, and funds across most major markets. Bloomberg Terminal’s features include:
Data Visualization
Research and Financial Analysis
Charting and Visualization
Risk Analysis
Real-time news
Place orders
View and annotate documents
Collaborate with other users
Set alerts and monitor market news and events
Events calendar
and more
Bloomberg costs $24,000 per user per year and is apt for institutional investors.
Which Stock Research Tool is for you?
Most of the stock research tools listed on this page have a diverse set of features and datasets that may not overlap with the others in a given price-band. So, a good way to pick the best stock research tool for you would be to start with a budget and create a list of features you want for your research workflow. At this point, taking trials would give you a good indication of which stock research tool fits your criteria the best. This is a better assessment approach than outrightly declaring a winner or a loser from the list.
Conclusion
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