Stock Rover is an investment research platform that provides investors with access to powerful tools for analyzing individual stocks, comparing investments, and managing their portfolios.
But is Stock Rover legit? In this article, we’ll take a closer look at Stock Rover and explore the features that make it a valuable tool for individual investors and professional traders alike.
Learn More About Stock Rover
Stock Rover is a reputable financial technology company that offers a powerful investment research and portfolio management platform for individual investors, financial advisors, and institutional investors. The company was founded in 2008 by a team of experienced investment professionals, including Howard Reisman, Andrew Martin, and Brian E. Shannon, which gives Stock Rover a strong foundation in the financial industry.
Initially, Stock Rover was launched as a desktop-based investment research tool that provided users with financial data and research on stocks, ETFs, and mutual funds. As the company grew and evolved, it expanded its offerings to include portfolio management features and integrated financial news and analysis. This progression demonstrates Stock Rover’s commitment to continually enhancing its platform and adapting to the changing needs of its users.
Today, Stock Rover offers a comprehensive web-based platform that provides users with a wide range of advanced tools to research and manage their investments. The platform offers sophisticated screening tools, portfolio analytics, charting and analysis tools, and a vast library of financial data and research. Stock Rover’s platform is designed to help investors make more informed investment decisions and manage their portfolios more effectively.
Stock Rover’s headquarters is located in Baltimore, Maryland, which is a hub for many reputable financial institutions and firms. Additionally, Stock Rover has a team of experienced investment professionals, software developers, and customer support specialists who are dedicated to providing users with top-notch service and support. The company is privately held and has raised capital from a range of investors, including angel investors and venture capital firms, which further demonstrates its legitimacy and credibility in the industry.
Stock Rover’s company background and track record of innovation and growth, combined with its talented team and strong financial backing, make it a trustworthy and reliable choice for investors seeking a powerful investment research and portfolio management platform.
Is Stock Rover Worth it?
If you’re an individual investor looking to manage your own portfolio, then Stock Rover is definitely worth considering. The platform offers a wealth of powerful tools and features that can help you make informed investment decisions. From portfolio management and analysis to stock and ETF comparison, they’ve got you covered.
- Powerful portfolio management tools: Keep track of your investments, compare them to benchmarks, and monitor their performance in real-time. Import portfolios from different brokers with ease. Receive daily, weekly, or monthly reports on your portfolios via email, which can include any stocks that have reached your target buy or sell prices.
- Stock and ETF comparison tools: Use the dynamic and easy-to-use Table to compare financial metrics and pricing data for hundreds of tickers at once. Sort, filter, color code, and add comments to the Table for deep, side-by-side analysis. The Insight Panel provides in-depth fundamental data, financial statements, dividend analysis, analyst ratings, and much more. Compute fair value and margin of safety for all stocks in its universe and provides a range of scores to help you rank stocks against their peers and the overall market.
- Long-term investment analysis: Analyze key financial metrics and make informed investment decisions with over 650 financial, operational, pricing, and performance metrics. Most of these come with a detailed 10-year history. Access a wide range of advanced metrics such as the Fair Value, Margin of Safety, Piotroski F-Score, and Altman-Z score. Simulate future portfolio performance under different scenarios using the Monte Carlo simulation technique.
- Professional-grade tools: Stock Rover is not just for individual investors, but it’s also a valuable tool for professional traders and portfolio managers. It offers multi-monitor support, allowing you to keep an eye on multiple tickers at once. It also provides detailed portfolio analytics, rebalancing tools, and trade planning facilities, allowing you to test potential trades and see the full implications of your trades across a wide spectrum of factors.
Of course, like any analysis tool (such as competitor finviz), Stock Rover is not without its limitations. Investors should always be wary of relying too heavily on any single stock research platform and should consider seeking out additional sources of information and advice. Additionally, the stock ratings system has been the subject of investor warnings, and it is important to understand the limitations of any stock analysis system.
That being said, Stock Rover is a powerful tool that can be a valuable asset for individual investors and professional traders alike. For all the features mentioned above, we feel confident in saying Stock Rover is worth it. And with a 14-day free trial available, there’s no reason not to give it a try and see for yourself.
Stock Rover has a robust customer service team that is available to answer any questions or concerns users may have. The team is available via email and is responsive and helpful. Premium and Premium Plus members also have the option to add prioritized hotline telephone support for an additional fee, which can be helpful for more complex questions or issues.
Stock Rover offers four different pricing plans to cater to investors with different needs and budgets:
- Free plan: Provides access to basic screening and research tools, as well as portfolio tracking for up to 10 holdings. Ideal for those who are just starting out with investing or who have a limited budget.
- Essentials plan: Priced at $7.99 per month or $79.99 per year, offers a wider range of features, including access to over 8,500 North American stocks, 4,000 ETFs and 40,000 funds, 260+ financial metrics, and 5 years of detailed financial history. This plan also includes powerful investment comparison tools, customizable views and columns, flexible stock screening, comprehensive charting capabilities, and portfolio management tools, making it a great option for investors who want to take their investing to the next level.
- Premium plan: Priced at $17.99 per month or $179.99 per year, includes all the features of the Essentials plan, plus additional features such as 90+ additional metrics (350+ in total), 10 years of detailed financial history, ranked screening, advanced alerting, detailed portfolio analytics, future dividend income projections, Monte Carlo portfolio simulation, correlation analysis, trade planning and rebalancing tools, and integrated comment/notes facilities. This plan is ideal for more experienced investors who require advanced analytics and screening capabilities.
- Premium Plus plan: Priced at $27.99 per month or $279.99 per year, includes all the features of the Premium plan, plus even more advanced tools such as 300+ additional metrics (650+ in total), custom metrics, equation screening, historical data screening, powerful stock and ETF screening, 180+ ETF screening metrics, stock ratings, stock fair value and margin of safety, current and historical stock scoring, investor warnings, valuation charts, ratio charts, multiple metric charting, much higher data limits, and top priority email support. This plan is designed for investment connoisseurs who demand the very best in terms of valuation tools and metrics.
Privacy and Security
Stock Rover takes the security and privacy of your data seriously. All Stock Rover network traffic is encrypted using the secure HTTPS protocol, making it impossible for any “man in the middle” listeners to decode the traffic. Stock Rover does not distribute your email address to any third parties and only uses your email address to communicate with you regarding anything pertinent to Stock Rover itself.
Your data is stored on Stock Rover’s secure, locked, and climate-controlled data center in Massachusetts. They also back up all Stock Rover data securely to their secondary data center in New Hampshire and a secure third-party cloud storage provider. Only a small set of authorized users have access to Stock Rover’s database, and no one will examine your data on an individual basis unless it’s for support purposes.
Robust Financial Data
Stock Rover supports over 40,000 tickers and all equities that trade on the following seven major North American exchanges: New York Stock Exchange, NASDAQ, NYSE Alternext US (formerly American Stock Exchange), NYSE ARCA (formerly Pacific Exchange), Toronto Stock Exchange, TSX Venture Exchange, NEO Exchange, and CNQ Exchange. They also support two over-the-counter (OTC) boards: OTCBB and OTCPK.
Stock Rover pulls data from a number of sources and has a licensing agreement with Morningstar, which allows them to use their financial information. Morningstar is known to be the most trusted and accurate data collection agency, allowing Stock Rover to provide top-tier information. They also provide a full list of their data providers on their data attribution page.
Final Thoughts – Is Stock Rover Legit?
Overall, Stock Rover is a powerful and intuitive stock research platform that provides investors with a comprehensive suite of analysis tools and features. With its extensive coverage of American stocks, powerful tools for technical and fundamental analysis, and detailed portfolio analytics, the platform is an ideal choice for long-term investors who are interested in building a diverse investment portfolio.
While it may not be the best fit for professional traders or those who require real-time data such as day traders, Stock Rover’s focus on individual investors and its commitment to providing users with powerful tools and excellent customer service make it a standout platform in the crowded investment research market. With its 14-day free trial, investors can try out the platform and determine whether it is the right fit for their investment strategy. Click here to give Stock Rover a try today!