Is TipRanks Worth It? All You Need To Know To Determine For Yourself

Jeremy BiberdorfBy: Jeremy Biberdorf

March 5, 2024March 5, 2024

 TipRanksLogo

For anyone interested in trading individual stocks, finding a reliable investment research website is important. Many platforms provide simple bullish or bearish analyst consensus, but they often lack the depth to show individual analyst ratings or to compare these ratings against the actual stock performance.

TipRanks steps in with a unique toolkit designed to give users a clear view of professional analyst ratings and understand the overall investor sentiment.

If you’re serious about your investments and aim to select individual stocks with a well-informed approach, then TipRanks might be what you’re looking for. This platform consolidates stock analysis in an accessible format.

In this TipRanks review, I’ll tackle the question: is TipRanks worth it? We aim to provide insights into whether this platform can enhance your investment prowess with its comprehensive tools and data.
Learn More About TipRanks

What is TipRanks?

Before I get into whether TipRanks is worth it, I want to cover a little background information. TipRanks, situated in the bustling heart of Tel-Aviv, Israel, burst on the financial scene in 2012. This platform distinguishes itself by collecting a wide array of financial data and presenting it through a unified, user-friendly dashboard.

By compiling insights from Wall Street analysts, financial bloggers, hedge funds, corporate insiders, as well as individual investors and investment advisors, TipRanks simplifies the stock research process, offering a unique approach that was previously unavailable to the average investor.

The essence of TipRanks lies in its commitment to break down the barriers of financial information, ensuring that individual investors can access the same professional tools and data insights as seasoned market analysts. The platform is engineered to streamline the discord of financial opinions, delivering them in an organized, accessible manner.

By standing firmly on principles of transparency and data-driven analysis, TipRanks aims to empower users with the confidence to make well-informed investment choices. This approach has established TipRanks as a worthy company in the stock analysis and investment research field, changing how individual investors navigate and understand the complexities of the stock market.

TipRanks Benefits

Now let’s get into one of the most important factors when determining if TipRanks is worth it, the benefits it brings. Here are the main features users can expect with TipRanks:

  • Expert Insights: Follow and learn from the market’s top fund managers and financial bloggers by tracking their trades and understanding their stock selections.
  • Smart Portfolio: Get real-time analysis of your investments, identify strengths, and pinpoint areas for improvement, allowing for strategic alignment with your financial goals.
  • News Sentiment: Analyze financial news to get sentiment scores, providing a clearer picture of the market’s narrative around specific stocks or sectors.
  • Top Smart Score Stocks: Discover high-performing stocks through a feature that evaluates momentum and ratings from top analysts.
  • Smart Score: Utilize a comprehensive rating that analyzes stocks based on eight key factors, including analyst ratings, insider transactions, and news sentiment, to guide initial research efforts.
  • Stock Screener: Filter stocks based on insights from insiders, top analysts, and various financial metrics, offering a detailed and personalized screening process.
  • Earnings Calendar: Use this tool to track stocks with upcoming earnings dates recommended by leading sell-side analysts, focusing on credible consensus and price targets.
  • Risk Factor Research: Gain an overview of company-disclosed risks to the SEC, categorized for easier understanding and assessment of potential investment risks.
  • Dividend Calculator: Calculate anticipated income from dividends, including scenarios with reinvested dividends, to aid in long-term investment planning.

TipRanks Pricing

As you can see from the previous section, TipRanks has a lot to offer users. But whether TipRanks is worth it, depends on the value it brings you compared to the price. Here is my pricing breakdown:

  • TipRanks Basic: This complimentary version is perfect for casual investors engaging in minimal trading activities. It provides essential stock research tools, including a stock screener, charting tools, and the ability to follow one analyst. Additional features include tracking insider transactions, analyzing website traffic, using a portfolio analyzer, and receiving email alerts for up to five stocks. This free plan allows new users to test the platform and determine whether an upgrade is warranted based on their investment frequency and needs.
  • TipRanks Premium: Priced at $29.95 monthly when billed annually (totaling $360), this plan offers an expanded set of tools without many of the limitations found in the Basic tier. Subscribers can follow up to five analysts, delve into detailed analyst ratings and price targets, monitor hedge fund activities, discover similar stocks, and assess stock scores. Additionally, the plan allows for email alerts on up to 30 stocks and the ability to export data in PDF format. This plan is ideal for investors looking for deeper insights and trends analysis to inform their investment decisions.
  • TipRanks Ultimate: For those seeking comprehensive stock research capabilities, the Ultimate plan, at $49.95 monthly with a $600 annual fee, provides extensive access across the platform. Features include tracking an unlimited number of analysts, accessing expert rankings, evaluating stock risk factors, managing multiple portfolios, and receiving unlimited email alerts. Data export is available in both PDF and CSV formats. This top-tier plan is recommended for investors who require extensive research tools and data to generate and refine investment ideas.

Is TipRanks Worth It?

Determining if TipRanks is worth it really depends on your investment style. It’s designed for individual investors craving data-driven insights, long-term followers of market trends, and active traders in need of timely updates. TipRanks prides itself on transparency and providing users with the necessary tools to make educated decisions.

Given its broad appeal and the security of a money-back guarantee, exploring TipRanks could be a beneficial step for your financial strategy. So, if you’re asking yourself, “is TipRanks worth it?” It might be time to check it out and see how it aligns with your investment goals. Click Here to learn more and decide if it’s the right fit for you.

Get Started with TipRanks

Related Links

Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

Leave a Comment

Your email address will not be published. Required fields are marked *