Tykr Review 2024
Disclosure
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.In a nutshell: Tykr is a comprehensive stock screener and education platform that aims to help investors simplify their stock research and make better investment decisions. By assessing the “fair value” of tens of thousands of equities, Tykr empowers investors to identify stocks currently trading as bargains.
This is generally a solid, time-tested strategy because when investors buy low and hold, significant wealth tends to accumulate. Tykr has also established a strong track record despite being a relatively young company.
While Tykr has many things going for it, it also faces stiff competition as the fintech space is loaded with great products. Keep reading for our comprehensive Tykr review so you can see if it might be right for you.
Monthly billing | $29.99/month | Yearly billing | $20.99/month | 14-day trial | No credit card required |
- The intuitive interface makes stock screening a breeze
- Fair-value analysis based on tried-and-true investment wisdom
- Various educational resources provided
- Free trial (no credit card required)
- Somewhat limited for more advanced investors
- No access to raw financial data
- No ability to generate visualizations
- Expensive fees for storage
Table of Contents
What is Tykr?
Tykr is a comprehensive stock screening and educational platform primarily designed to assist investors in discerning the “fair value” of a wide range of equities. With a foundation in value investing, it uses a proprietary algorithm to categorize over 30,000 stocks, both U.S. and international, into classifications like “On Sale,” “Watch,” or “Overpriced.”
In addition to stocks, Tykr broadens its spectrum by assessing 2,500+ cryptocurrencies. As part of its user-oriented approach, the platform offers educational resources to enhance investment knowledge, while also fostering a community environment where investors can exchange insights and advice.
Tykr Review 2023 | Is Tykr Right for Me?
Tykr is built upon the rock-solid foundations of conventional investment wisdom. For example, investors who are fans of Benjamin Graham and Warren Buffett will appreciate Tykr, as it’s designed for long-term investors in search of undervalued stocks.
If you’re more interested in explosive gains, day trading, and the like, then Tykr isn’t necessarily the right option for you.
What Tykr excels at is providing simple and robust stock screening, especially for beginner to intermediate investors. Keep reading to learn more about how Tykr works as well as its top features.
External Tykr Reviews & Ratings
Site | Rating | |
Trustindex | 5 from 169 reviews | |
Product Hunt | 5 | |
AppSumo | 4.9 from 150 reviews | |
Trustpilot | ||
Stack Social | 4.8 from 56 reviews |
Here are some reviews from traders who have experienced the platform firsthand:
How Does Tykr Work?
Tykr has a relatively straightforward approach, one that’s powered by a proprietary algorithm. Each security (out of over 30,000) is listed as “On Sale,” “Watch,” or “Overpriced. (In other words, “Potential Buy,” “Hold/Watch,” or “Potential Sell.”) This summary is provided by Tykr without any work of your own.
Tykr also provides each security with a score (the higher the better, up to 100). This score is meant to measure the overall financial strength of the stock in question.
As mentioned, Tykr works from a value-investing standpoint. So, they consider the Margin of Safety, which is the difference between the share price and the sticker price (the “true value” they estimate). Stocks with a Margin of Safety over 50% are considered especially good buys as they should lead to higher potential returns.
Tykr Features
Tykr offers various features that help set it apart from other online stock screening services, including the following:
- Stocks – More than 30,000 stocks (U.S. and international) are assessed by Tykr’s proprietary algorithm.
- Crypto – Fans of cryptocurrency aren’t left out. On Tykr, you have access to an assessment of 2,500+ cryptocurrencies.
- Educational resources – Tykr helps investors learn about value investing through a complimentary onboarding service. This helps subscribers learn the ins and outs of basic investment knowledge.
- Community – Tykr’s users have a community platform where they can enjoy discussing stocks and investment advice.
- Watchlists – Tykr offers the ability to create watchlists for the stocks you’re most interested in. You can also set up watchlist alerts that notify you when a stock’s rating has changed (e.g. from “Watch” to “On Sale”).
- Portfolios – You can also set up portfolios on Tykr to track how your investments are performing. Plus, you can see the top ten stocks in Sean Tepper’s (i.e. the CEO’s) portfolio.
- Excel-friendly – With Tykr you can easily download your data to CSV, enabling you to run your own analyses and save your data offline.
Tykr Pricing & Plans
Tykr has straightforward and transparent pricing, which is always a good thing to see when it comes to an investment service.
There’s just one, all-inclusive plan, and subscribers can choose to bill monthly or annually. When billed annually, users save $9 per month ($21 per month instead of $30 per month).
Tykr also offers a 14-day risk-free trial, as no credit card information is required. This is unusual compared to the free trials of most investment services.
Maximizing Your Investment Potential with Tykr
If you’re still on the fence about whether Tykr is the right platform for you, consider how it can help you maximize your investment potential. The platform has several unique features that can empower you to make more informed decisions and ultimately increase your chances of long-term financial success.
Personalized Stock Recommendations
One of the primary benefits of using Tykr is its personalized stock recommendations, which are tailored to your specific investment goals and preferences. By taking into account your financial objectives, risk tolerance, and investment timeline, Tykr can help you build a diversified portfolio that aligns with your unique needs.
Constantly Updated Market Data
With Tykr, you’ll have access to constantly updated market data, ensuring that you’re always making investment decisions based on the most current information. This can be crucial for identifying new opportunities and avoiding potential pitfalls, as you’ll be able to quickly react to changes in the market.
Access to Expert Insights and Strategies
As a Tykr user, you’ll also have access to expert insights and strategies from successful investors, including the platform’s CEO, Sean Tepper. These insights can help you learn from the best, refine your investment approach, and ultimately improve your decision-making skills.
Time-Saving Investment Tools
The platform’s user-friendly design and intuitive interface make it easy to find and evaluate potential investments quickly. Tykr’s stock screener saves you time by doing the heavy lifting for you, identifying undervalued stocks and providing a wealth of information to help you make informed decisions.
Continuous Learning Opportunities
Tykr’s educational resources and community platform provide you with ongoing learning opportunities that can help you grow as an investor. By staying up to date on the latest investment strategies and techniques, you’ll be better equipped to navigate the ever-changing financial landscape.
Who is Tykr Best For?
Tykr is best suited for investors who fall into the following categories:
- Beginner to intermediate investors: Tykr’s intuitive interface, easy-to-understand stock analysis, and educational resources make it an excellent choice for those who are new to investing or still honing their skills.
- Value investors: If you follow the principles of Benjamin Graham and Warren Buffett and focus on long-term investments in undervalued stocks, Tykr’s fair-value analysis and Margin of Safety metrics will align well with your investment philosophy.
- Individuals seeking a simplified investment process: Tykr’s streamlined approach to stock screening and personalized recommendations can save you time and effort, making it ideal for investors who want a straightforward way to identify potential investment opportunities.
- Investors interested in continuous learning: Tykr’s educational resources and active community platform offer ongoing opportunities for learning and growth, making it a great fit for those committed to expanding their investment knowledge over time.
Tykr may not be the ideal choice for certain investors, such as:
- Day traders and short-term investors: Those who focus on short-term gains, frequent trading, or speculative investments may not find Tykr’s value-oriented approach as suitable for their strategies.
- Advanced investors looking for in-depth analysis: Tykr’s simplicity may be limiting for experienced investors who require access to raw financial data or more sophisticated analytical tools to conduct their research and analysis.
- Users seeking extensive visualization tools: Tykr does not offer the ability to generate advanced charts or visualizations, which might be essential for some investors who rely on visual data representation for decision-making.
Is Tykr Worth It?
Whether Tykr is worth it will depend on your investment strategies and needs. Ultimately, Tykr is an easy-to-use platform that offers strong stock screening capabilities, especially for beginner to intermediate investors. More advanced investors might be slightly frustrated with some of the limitations, like the inability to access a company’s raw financial data.
In any case, Tykr has an excellent track record, as verified by a 4.9/5 rating on Trustpilot, so you can rest assured that Tykr is a totally legitimate service and not at all a scam.
Tyke Review – Final Thoughts
With its personalized stock recommendations, up-to-date market data, expert insights, time-saving tools, and continuous learning opportunities, Tykr can be an invaluable resource for investors looking to maximize their potential. If you’re serious about growing your wealth through long-term, value-driven investments, Tykr could be the perfect platform to help you achieve your goals.
Remember, Tykr offers a 14-day risk-free trial with no credit card required, so there’s no harm in giving the platform a try. Click here to start your trial and see for yourself how Tykr can help you take your investments to the next level.