Stock investing is difficult due to its fast-paced nature. Individual investors have to stay on top of market news, know what to look for in an investment opportunity, and monitor several companies simultaneously. While it’s not easy, many investors embrace the stock market for the opportunity to generate long-term wealth. You can navigate the stock market on your own, but stock market research tools like Stock Rover make it easier to find promising investment opportunities. The company offers free and paid plans that can help you find, evaluate, and compare investment opportunities.
What is Stock Rover?
Stock Rover is an investment research and analysis tool that offers features well beyond the free stock screeners you can find on places like Yahoo! Finance and MSN Money. The tool has advanced screening and comparison capabilities that help investors access critical data points. Having access to more information can lead to better decisions and portfolio growth. Stock Rover also offers advanced charts, such as valuation charts. You can see how a stock’s price changes correlate with fluctuations in its P/E ratio and other valuation metrics.
Understanding Stock Screeners
Stock screeners are an important part of stock market research. They help investors find stock ideas through a series of filters. You can use stock screeners to narrow your focus to profitable companies with reasonable valuations and high market caps. You can also use stock screeners to find high-growth small-cap companies.
Each stock screener has different parameters you can use to create a short list of ideas. These screeners can save you hours of research and lead to better investment opportunities.
How Does Stock Rover Work?
Stock Rover allows investors to compare advanced charts and access various parameters for their stock screeners. The stock screener uses common metrics but also uses less-known resources like the Price to Graham Number, Altman Z-Score, Greenblatt Return on Capital, and Shiller PE. Stock Rover’s purpose is to make your investment research simpler and more efficient.
Stock Rover lets you link your brokerage to your account so you can receive automatic portfolio updates. Keeping your portfolio in the Stock Rover dashboard allows you to keep more resources in the same place.
What are the Main Features of Stock Rover?
Stock Rover has several features that can help your stock portfolio. These are some of the top perks.
Screening Strategies
Stock Rover offers a comprehensive range of stock screening strategies that you won’t find with free screeners. You can combine well-known valuation metrics and parameters with lesser-known strategies. Stock Rover offers resources that can help you understand how each ratio, valuation metrics, and other parameters work.
Stock and ETF Comparison
Investors can quickly compare stocks and ETFs based on several indicators to assess which investments make the most sense for them. You can get better insights and save time if you use Stock Rover for comparisons. Stock Rover gives investors information about each asset’s fair value, margin of safety, and key trends. Stock Rover also scores each stock and ETF based on quality, growth, value, and sentiment.
Research Reports
Stock Rover research reports offer valuable insights and can guide your investment strategy. You can access a report within a few clicks that gives you a detailed overview of the stock of ETF. The investment tool offers free report PDFs that give people an insight into the level of value Stock Rover provides. Investors get key insights into historical valuations, risks, financial statements, dividends, ratings vs. peers, and other factors.
Portfolio Management
Stock Rover lets you connect your brokerage to your account and receive real-time updates. Once you do that, you can capitalize on several portfolio management tools that Stock Rover provides. Investors can receive future dividend income projections, performance reports, simulation tools, trade planning, and other tools.
Stock Charting
Stock charts help investors monitor an asset’s historical performance. You can open two tabs to compare your portfolio to the S&P 500, but Stock Rover lets you compare multiple assets within the same chart. However, the more useful feature is charting fundamentals. You can see a stock’s historical P/E ratio over time and review other metrics as well. These insights can help you see how a stock has historically traded based on its value, and it can lead to better investing decisions.
Stock Rover Plans and Pricing
Stock Rover has four plans available for investors. You can start with the free version and then use one of the paid plans for additional features. Every paid plan has monthly, annual, and 2-year options.
Free
Stock Rover has a free account that gives you plenty of features. You can access free reports, comprehensive information, and coverage on 8,500 North American stocks, 4,000 ETFs, and 40,000 mutual funds. The free account also comes with portfolio management, a flexible earnings calendar, in-depth market news, and other resources. It is an excellent starting point if you want to see what Stock Rover offers without committing to subscription payments.
Essentials Plan
The Essentials Plan offers over 275 financial metrics, investment comparison tools, watchlist tracking, 5 years of detailed financial history, and other perks. This plan costs $7.99/mo. You can also get an annual plan for $59.99/yr or a 2-year plan for $118.99.
Premium
The Premium Plan has over 100 additional metrics, 10 years of detailed financial history, 100+ chartable financial metrics, the Monte Carlo portfolio simulation, and other resources. The plan has everything in Essentials but more capabilities. A Premium Plan costs $17.99/mo. You can also get a 1-year plan for $134.99/yr or a 2-year plan for $268.99.
Premium Plus
The Premium Plus account has the same features as the other plans, but it has additional perks. Investors receive 300+ additional metrics, advanced stock and ETF screening, valuation charts, ratio charts, fair value, margin of safety, and other resources. The Premium Plus Plan costs $27.99/mo. You can also get a 1-year plan for $209.99 or a 2-year plan for $408.99.
The Pros and Cons of Stock Rover
Stock Rover has several pros and cons. You should consider these key factors before using the investment research and management tool.
Pros
- Advanced financial metrics
- Stock screening
- Portfolio simulations
- Valuation and ratio charts
- Detailed reports
- The free plan has great features to get you started
- Portfolio management tools
Cons
- Monthly subscription costs apply if you upgrade from the free account
- The free account has ads
How Does Stock Rover Compare to Other Stock Screeners?
Stock Rover is a top-tier stock screening platform. You can compare thousands of stocks, ETFs, and mutual funds with advanced metrics that you can’t find in free stock screeners. Stock Rover has a lot of great features, but you have to decide how much you can afford. The monthly payment ranges from $7.99/mo to $27.99/mo, depending on which plan you select. You can save money in the long run with a 1-year or a 2-year plan.
Who Can Benefit from Stock Rover?
Investors and traders who analyze individual stocks, ETFs, and mutual funds can benefit from Stock Rover. If you are a passive investor who wants a fund that mimics a popular index like the Nasdaq 100 or S&P 500, Stock Rover probably isn’t for you. However, if you are looking for opportunities to maximize your returns and beat the market, Stock Rover may be able to help.
Should You Use Stock Rover?
Stock Rover can help investors who spend time in the market and look for under-the-radar stocks and funds. If you frequently stay on top of economic trends and the latest news for each company in your portfolio, you may benefit from using Stock Rover.
How to Get Started with Stock Rover
You can get started with Stock Rover by visiting the website and opening a free account. If you like the free account, you can upgrade to a paid plan for additional features. Getting familiar with the free account and seeing if you like it before committing any money to Stock Rover is a good idea.