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So, are you trying to find out if Stock Rover is a good stock research platform?
Also, how can you actually use Stock Rover to help you invest better?
Most importantly, is Stock Rover the right stock research and analysis platform for you?
In this Stock Rover review, I am going to share with you everything you need to know to help you make an informed decision.
What Is Stock Rover?
Stock Rover was founded in 2008 by long-time individual investors and software engineers Howard Reisman and Andrew Martin.
Tired of going through multiple websites for financial data and creating many separate spreadsheets to do stock analysis, they decided to design and build their own stock research platform – Stock Rover.
Personally, I can understand their frustration.
Why?
In the past, if you wanted to find out if a listed company is fundamentally and financially strong, you have to go through many different financial websites (e.g. Yahoo Finance, Bloomberg, etc) and also ALL the company’s past annual reports to search for its financial data.
After that, you had to put all the financial numbers into an excel sheet to do your analysis.
It might be okay to do it for just one or two stocks.
But, what if you have to do that for every single stock that you are interested in investing in? (By the way, there are about 4,000 stocks listed on the US stock exchange alone)
That’s just too time-consuming and tedious!
So, when I found out about Stock Rover, it was a lifesaver for value investors like me.
Apparently, I am not the only one that feels this way.
Below are just a few of the many reviews about Stock Rover by the most trusted names in the financial industry:
“No other website packs as much useful, context-appropriate information onto a page” – Barrons
“Stock Rover is the AAII – CI Editor’s Choice. The wide range of information available makes it hard to compete with, along with the extensive customization opportunities the site provides for its users.” – American Association of Individual Investors
Now, how can you actually use Stock Rover to help you with your stock investment research?
Stock Rover Stock Screener Review
The stock screener is probably one of the most important tools in any stock research and analysis platform.
So, how good is the Stock Rover stock screener?
First of all, Stock Rover provides over 650 metrics.
To put it in perspective for you, the FREE stock screeners you can easily find online provide you with much fewer metrics (i.e. less than 100).
Stock Rover’s metrics cover a wide range of areas such as earnings, growth, profitability, financial strength, capital efficiency, price performance, momentum, dividends, analyst ratings, and stock ratings.
Basically, you have ALL the financial and fundamental data on any US & Canadian stocks in one place.
If you are an experienced value investor, you will be thrilled to know that Stock Rover also provides advanced metrics such as the Fair Value, Margin of Safety, and Piotroski F-Score.
What’s more, most metrics come with a detailed 10-year history for you to get a complete picture of how the company has been doing.
With Stock Rover, you no longer have to cobble together multiple sources and tools to do your stock research and analysis.
So, how can you use the Stock Rover Stock Screener to identify good investment opportunities?
With thousands of stocks listed on the stock exchange, it’s always a good idea to use a stock screener to help you find stocks that meet your investment criteria.
Stock Rover stock screener is probably one of the most powerful fundamental stock screeners because of the sheer number of fundamental filters they have.
There are over 550 filters for you to choose from, and you can mix and match any number of filters you like.
Below is a screenshot of all the filters as well as their different categories.
For example, if you are looking for stocks that must fulfill certain growth criteria, you can click on the “Growth” category and you will see all the 29 different filters under “Growth”.
Let’s say you want all the stocks with a 5-year Average Sales growth rate of at least 10%, you can do that easily with Stock Rover.
Now, here’s the best part.
You can create your own customized screener, and even back-test it using 10 years of historical data that Stock Rover provides.
For example, I have been using my Stock Rover Premium Plus account to test different stock screener ideas.
Here’s one of my screeners based on analysts’ target price and Piotroski F-Score:
- Analysts’ stock price target percentage change of at least 30% (i.e. upside potential)
- Piotroski F-Score of at least 5 (i.e. good financial health)
- Stock price of at least $10 and above (i.e. no penny stocks)
“Piotroski F-scoreis a number between 0 and 9 which is used to assess strength of company’s financial position. The score is used by financial investors in order to find the best value stocks (nine being the best). “
When you create your own stock screener, you don’t want to set your criteria too narrow or too broad.
This is because if it’s too narrow, you would get too few stocks and potentially miss out on some good investment opportunities.
On the other hand, if it’s too broad, you would get overwhelmed with too many stocks.
So, after applying my customized screener, I got about 60 stocks that matched my criteria.
Then, I will sort them by Stock Rover’s Value Score and analyze these stocks one by one using Stock Rover’s charting tools, tables, and research reports.
What if you don’t have any idea about how to create your own screener?
Here’s the good news.
Stock Rover has quite a large number of built-in stock screeners based on popular investment strategies.
Below is just a few examples of its built-in stock screeners:
- Buffetology Inspired
- Dividend Growth
- Large Cap Value
- Fair Value
- Long Term Growth
- Strong Buys
- Safe Performers
- Small Cap Growth
Stock Rover Stock Research Reports Review
Stock Rover stock research report is a newly added feature.
Personally, I love Stock Rover’s stock research reports.
Here’s why.
Generally, you could get free stock research reports from your broker, but their research reports are only released from time to time.
For Stock Rover, the stock research reports are updated daily and all the data are in real-time.
As an investor, you know how important it is to get up-to-date information to help you make informed decisions.
Now, let’s take a look at what you get from the stock research report.
Manulife Financial is one of the stocks from my customized screener, and I decided to take a deeper look at this company.
So, I clicked on the “Research Report” of Manulife Financial in Stock Rover.
Inside this comprehensive 8-page Research Report, I get everything that I need to know about Manulife Financial.
By the way, this research report is NOT the boring long-winded report that you normally get from your broker.
What you will get is ALL the important financial and valuation information in easy-to-understand tables and charts.
For example, you will see analysts’ consensus (i.e. how many of them recommend “strong buy” or “buy” or “sell”).
Also, you will see its quantitative score which consists of four types of scores:
- Value score
- Growth score
- Quality score
- Sentiment score
The higher the score (with 100 being the highest and 1 being the lowest), the better it is.
Under this section, you will also see what is the estimated fair value of the stock as well as the margin of safety.
“Margin of safety is the difference between the intrinsic value of a stock and its market price. The higher the margin of safety, the better it is.”
If all the four scores look good, you should read on to get more details on the company’s financials.
Next in the research report, you will find all the valuation summary, growth summary, peer analysis summary (i.e. how it compares to its competitors in the industry), profitability summary, financial statement summary, valuation and profitability history, and dividend details and history.
Personally, I love this part of the research report because I don’t have to dig through all the company’s past annual reports for all the financial information I need to determine if the stock is worth investing in.
Stock Rover does not just provide the raw financial data, but it actually helps me organize and make sense of these data.
This is very useful for investors who don’t have any accounting background and also don’t like to crunch numbers.
Stock Rover Portfolio Analytics & Management
Stock Rover also allows you to manage and re-balance your investment portfolio easily.
As an investor, you probably know that it’s important to diversify and manage your investment portfolio.
Because you don’t want to put all your eggs in one basket and diversification can help you reduce your investment risk.
With Stock Rover, you can keep tabs on your portfolio with detailed performance information as well as portfolio analysis and re-balancing tools.
Also, you can set up instant alerts, so you can find out as soon as possible when something happens.
Now, how do you actually use Stock Rover to manage your portfolio?
It’s very fast, easy, and secure to import your portfolio into Stock Rover.
Currently, Stock Rover supports more than 1000+ brokerages.
As of my writing today, Stock Rover has more than $23,000,000,000 (23 Billion) of funds in customer-linked brokerage portfolio accounts.
That speaks a lot about how much investors love Stock Rover‘s investment research tools.
Below is a list of things you can do with Stock Rover:
- Get detailed portfolio analytics for any time period you choose (e.g. risk-adjusted return, volatility, beta, Sharpe Ratio, component performance, etc)
- Get a detailed analysis of how the individual positions in your portfolio are contributing to the overall portfolio return
- Receive daily, weekly, and or monthly reports on your portfolio and/or your watch lists via email
- Re-balance portfolio at the sector and individual position level
If you are a dividend stock investor, you will be thrilled to know Stock Rover provides you with tools to help you track future dividend income.
Recently, Stock Rover also introduced a new tool called Trade Evaluator.
This tool is very helpful to help you evaluate all the trades for a specific stock or all the trades in your portfolio.
There is no need to use an Excel sheet to keep track of every single trade in your portfolio and calculate how well your trades did.
Try Out Stock Rover Premium Free For 14 Days (No Credit Card Required)
Stock Rover Pricing
So, how much does Stock Rover cost?
Stock Rover offers both free and paid plans.
For its free plan, you get free access to all the basic tools:
- Comprehensive information on over 8,500 North American stocks
- Coverage of 4000 ETFs and 40,000 mutual funds
- Portfolio management
- Portfolio Brokerage integration for automated syncing of portfolios
- Charting capabilities
- Daily analyst ratings with analyst rankings
- In-depth market news and news for individual stocks
- Informative market dashboard with a detailed display of markets and key stocks
- Earnings calendar
- Ideas panel with screeners of the week and additional investment ideas and articles
Stock Rover’s Free membership is good for you to stay up to date with the markets and research individual stocks.
For its paid plans, there are three tiers:
- Essentials at $7.99/month (or $6.67/month if billed annually)
- Premium at $17.99/month (or $15.00/month if billed annually)
- Premium Plus at $27.99/month (or $23.33/month if billed annually)
So, what is the difference between these three plans?
And which plan is the right plan for you?
Basically, here’s the main difference between Premium Plus and the other two plans “Essential” & “Premium”.
With Premium Plus, you can take full advantage of its powerful stock screener.
What that means is that you not only get ALL the 650 metrics to help you screen stocks, but you can also screen on historical data and create more complex screeners using its “custom equation” function.
Also, in terms of investment data, you will also get unlimited data on everything.
For example, you will get fair value and margin of safety for all stocks, unlimited Stock Rover scores (i.e. value score, growth score, quality score, and sentiment score), unlimited stock ratings, and unlimited investor warnings.
The price difference between Stock Rover Premium and Premium Plus is just a few dollars, so you will get much more value for your money by choosing Premium Plus because you get unlimited investment data as well as its full suite of screening tools.
Stock Rover Premium Plus is also the plan that I am using right now for investment research.
If you are serious about growing your wealth through investing, I highly recommend that you give its Stock Rover Premium Plus Plan a try at absolutely zero risks.
Try Out Stock Rover Premium Free For 14 Days (No Credit Card Required)
Stock Rover VS Finviz
So, which one is better, Stock Rover or Finviz?
Both Stock Rover and Finviz are stock market research and analysis platforms.
They have the following in common:
- Stock screener
- Charts
- Alerts
- Real-time market data
- Market news
- Portfolio tracker
So, are there any key differences between Finviz and Stock Rover?
The short answer is yes.
First of all, Finiz covers not only the US stock market but also futures, forex, and cryptocurrency.
On the other hand, Stock Rover covers both US and Canadian stocks.
When it comes to the stock screener, Stock Rover’s stock screener is much more powerful than Finviz because it has over 550 filters (i.e. fundamental, technical, financial, etc) for you to mix and match.
Stock Rover stock screener is the most powerful fundamental stock screener because of the sheer number of fundamental filters they have.
On the other hand, Finviz offers a combined total of over 60 filters for you to screen your stocks.
In terms of fundamental analysis, Stock Rover is a much better research tool than Finviz.
Here’s why.
Stock Rover gives you ALL the current and historical financial information and data (e.g. sales, earnings, growth, profitability, financial strength, capital efficiency, dividends, etc) on the US and Canada stocks.
So, you don’t have to waste time going through all the company’s annual reports to get the data.
Moreover, Stock Rover helps you make sense of these financial data in the form of charts and graphs.
Also, you will get access to advanced metrics such as the Fair Value, Margin of Safety, and Piotroski F-Score.
On the other hand, Finviz does not offer you as much financial data (especially the historical financial data are lacking)
With Finviz,you cannot really get a complete picture of the underlying company’s fundamentals.
When it comes to portfolio tracking and management, Stock Rover is also so much better than Finviz.
Why?
Stock Rover allows you to track and manage your portfolio in real time by offering brokerage integration.
On the other hand, Finviz only offers you a very basic portfolio tracker where you have to manually enter every transaction in your portfolio and also manually click the “update” button to refresh your portfolio.
Lastly, Stock Rover offers comprehensive stock reports on all the stocks.
On the other hand, Finviz does not provide these.
Now, does Finviz offer anything unique?
Yes, Finviz has S&P 500 heatmaps where you can get a quick visual overview of the stock market.
Also, Finviz offers a basic backtesting tool for you to evaluate your trading strategy that is based on technical indicators.
In terms of pricing, both Stock Rover and Finviz offer free as well as paid plans.
Finviz has only one paid plan which is Finviz Elite at $24.96 per month, while Stock Rover has three different paid plans that range from $6.67/month to $23.33/month.
Personally, I don’t really recommend Finviz because it is not the best option for technical analysis (i.e. TradingView is the best technical analysis software), nor it is the best option for fundamental analysis.
So, which is more suitable for you, Stock Rover or Finviz?
If you are an investor who does your own stock analysis and research, then I highly recommend Stock Rover because it’s the BEST fundamental analysis software for the US stock market.
Try Out Stock Rover Premium Free For 14 Days (No Credit Card Required)
Stock Rover Vs TradingView
Now, let’s compare TradingView with Stock Rover.
The key difference between TradingView and Stock Rover is that Stock Rover is specifically designed for fundamental stock investors while TradingView is more for traders.
With Stock Rover, you have everything (i.e. financial data, real-time charts, stock screener, valuation data, stock ratings, research reports, etc) you need to do your stock research and analysis.
However, if you are a trader who primarily uses technical analysis to make your trading decisions, then TradingView will be a more suitable choice for you.
Here’s why.
TradingView probably has the most powerful charting software with all the drawing tools you need and every possible technical indicator you can think of.
You can even customize your own indicator and back-test your trading strategy with its backtesting tools.
When it comes to screeners, it allows you to screen all the major international stock markets, forex markets, and cryptocurrency markets for trading opportunities.
On the other hand, Stock Rover only covers the US and Canada stock markets.
It also does not have advanced charting like TradingView’s because it’s specially designed for fundamental analysis.
So, if you are a technical trader, you can read my detailed review of TradingView.
On the other hand, if you are an investor who wants to find the best stocks for long-term investing, then Stock Rover is the right stock research and analysis software for you.
Try Out Stock Rover Premium Free For 14 Days (No Credit Card Required)
