Seeking Alpha Alternative

Seeking Alpha Alternative

Seeking Alpha is one if not the most popular stock research platforms. It has numerous useful features that are available to its subscribers. Thousands of articles with in-depth research, analysis, and trading ideas are available to traders. In addition, users are able to see the success rate of specific contributors, allowing them to make decisions with more certainty.

However, not everyone is interested in having access to Seeking Alpha’s robust research and analysis. Which is to be expected as the platform offers scores of articles and requires you to jump to the stray pieces of financial reports. You might just want to get a stock pick recommendation or real-time trading alerts for a model portfolio, for instance, in which case an alternative might be the best choice.

There are numerous other services that provide similar services to Seeking Alpha, and in this article, we’re only going to cover two. If you’re interested in more or want to dive deeper into the ones, we speak about in this article you can check out this best seeking alpha alternative article from Modest Money.

Key Considerations

Although there are a lot of factors that should go into investing into any sort of tool, the ones that we think are most critical are as follows.

  • Value for money- How does the alternative monetarily benefit you compared not only to Seeking Alpha, but also to the cost of the platform? The latter should also be applied when considering using Seeking Alpha generally.
  • Track record- Does the platform have a history of outperforming the markets in a similar way to Seeking Alpha? This metric can be a little skewed as it will also depend on your personal preference for returns and positions held at any given time.
  • Ease of use- Seeking Alpha can be a bit overwhelming in quantity of information provided. As a result, you may want to take this into consideration when picking an alternative. Is the platform easier, harder, or the same when it comes to difficulty of use.

The Big Three Competitors

Motely Fool Stock Advisor

With a deep-rooted history dating to the 1990s, the Motely Fool is an institution amongst investors. Their lead item, the Motely Fool Stock Advisor, gives two stock picks every single month, alongside a rundown of “best purchases”.

Because the Stock Advisor strategy requires holding stocks for at least three to five years, patience is required, and the program is not designed for day and swing traders. Something that can be gathered from Seeking Alpha if you’re prepared to read through its reports.

The Stock Advisor has strong past performance, excellent customer service, and is accessible to both novice and experienced traders. The only major drawback is that it costs $199 per year, which may be prohibitive for some investors, particularly younger investors just starting out. That being said it has consistently outperformed the S&P 500, meaning if you can afford it, it is worth the price.

Motely Fool Rule Breakers

Yes, Motley Fool again. Just instead of the Stock Advisor subscription now its Rule Breakers. Which as the name implies focuses on selecting industry “disruptors” in various industries that offer the potential for explosive growth. This might sound intimidating, but disruptors have time and time again shown their ability to completely change the market. For example, Netflix would have been considered a disruptor a decade ago and something like Block Buster video would have been considered the institution. And well, everyone knows how that story went.

This portfolio picker is best suited to those that are investing at a relatively young age or in other words far away from retirement. That’s because disruption can tack a while. For example, going back to Netflix, it had a stock price of $1 in the early 2000’s. Today its price is well over $300, and it’s hit peaks historically of over $500 per share. In other words, if you had invested $1000 dollars into Netflix when it was first being considered a disruptor, back at $1 you’d have at least $300,000 today. But to the original point, that’s over 20 years later.

Given Motely Fool’s track record you might be able to locate some treasures to add to that section of your portfolio by using the picks from the Motley Fool Rule Breakers subscription.

Rule Breakers costs $100 more each year than the Stock Consultant ($299/year), making it less expensive than the premium version of Seeking Alpha, although still not cheap.

Final Thoughts

Seeking Alpha is a powerful tool for traders and investors. It offers a treasure trove of fascinating data, research, and analysis on thousands of different securities that can be found in its extensive content library. However, not everyone has the time or energy to read all of their articles, and there are numerous excellent competitors that may appeal to traders with limited time.

In this article we didn’t cover Seeking Alpha itself in depth, and if you’re curious to learn more about the platform we recommend checking out this Seeking Alpha review or Seeking Alpha premium subscription coupon.

Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.