Simply Wall St is a financial analysis and stock market tool designed to help individual investors make informed decisions about their portfolio. In this article, we’ll provide a comprehensive review of Simply Wall St to help you decide whether it’s the right tool for you.
For a review of Simply Wall St competitors, be sure to check out our reviews: TradingView, Seeking Alpha, and Morningstar.
What is Simply Wall St?
Simply Wall St is a financial analysis and stock market tool that aims to help investors make more informed decisions about their portfolio, and provide investment ideas and insight.
Simply Wall St was founded after pitching the idea at a startup event and securing initial funding. It originally provided free stock reports and quickly gained attention from retail investors looking for a simple way to navigate the financial markets. Today, the company remains focused on improving its product and building better solutions, and has grown to serve over 5 million registered users in 170 countries and cover 150,000 company stocks in 95 global markets.
Simply Wall St offers a range of features and tools, including:
- Stock screener: Simply Wall St’s stock screener allows users to filter and search for stocks based on a variety of criteria, including financial ratios, industry, market cap, revenue growth, and more.
- Company analysis: Simply Wall St provides detailed analysis on over 150,000 public companies, including financial ratios, financial health, cash flows, earnings per share, historical performance, and a forecast of the company’s growth potential.
- Portfolio tracking: Simply Wall St offers portfolio tracking and analysis tools to help users monitor and manage their investments.
- Market news and alerts: Simply Wall St provides real-time market news and alerts to help users stay up-to-date on the latest developments in the stock market, so you never miss an investment opportunity.
How Does Simply Wall St Work?
Simply Wall St is a web-based platform that can be accessed from any device with an internet connection. To use the platform, users simply need to create an account and sign in.
Once logged in, users have access to all of Simply Wall St’s features and tools, including the stock screener, company analysis, portfolio tracking, and market news and alerts.
Users can search for stocks using the stock screener, and Simply Wall St will provide detailed analysis on the selected companies, including financial ratios, historical performance, and a forecast of the company’s future growth.
Users can also create and track their portfolio, setting up alerts to notify them of any changes or developments in their investments. Additionally, Simply Wall St provides real-time market news and alerts to help users stay up-to-date on the latest developments in the stock market.
What are the Pros and Cons of Simply Wall St?
Like any financial tool, Simply Wall St has its pros and cons. Some of the benefits of using Simply Wall St include:
- Comprehensive analysis: Simply Wall St provides detailed analysis on over 150,000 public companies, including financial ratios, historical performance, and a forecast of the company’s future growth.
- User-friendly interface: Simply Wall St has a user-friendly interface that is easy to navigate, making it accessible for users of all skill levels.
- Portfolio tracking: Simply Wall St offers portfolio tracking and analysis tools to help users monitor and manage their investments.
- Real-time market news and alerts: Simply Wall St provides real-time market news and alerts to help users stay up-to-date on the latest developments in the stock market.
However, there are also some potential drawbacks to consider when deciding whether Simply Wall St is right for you. These include:
- Limited to public companies: Simply Wall St only provides analysis on public companies, so if you are interested in investing in private companies, it may not be the right tool for you.
- Dependence on artificial intelligence and machine learning: Simply Wall St relies on artificial intelligence and machine learning to analyze financial data and provide insights. While these technologies can be highly accurate, there is always the possibility of errors or biases in the analysis.
Membership Options
Simply Wall St offers three membership options for its platform: a free plan, a premium plan for $10/month, and an unlimited plan for $20/month. The free plan includes access to stock research reports, historical performance data, and company reports. The premium plan includes all of the features of the free plan, as well as in-depth stock analysis, personalized portfolio recommendations, and alerts for key events. The unlimited plan includes all of the features of the premium plan, as well as unlimited access to stock research reports and the ability to track an unlimited number of stocks. These options allow investors to choose the level of access and features that best meet their needs.
Final Thoughts
In conclusion, Simply Wall St is a comprehensive financial analysis and stock market tool that aims to help investors make more informed decisions about their portfolio. It offers a range of features and tools, including a stock screener, company analysis, portfolio tracking, and real-time market news and alerts. Tools beneficial to the novice investor, or experienced investors alike. Overall, Simply Wall St is a useful tool for investors looking to gain insights on public companies and stay up-to-date on the latest developments in the stock market. And with over 5 Million users, it’s difficult to argue the value of the information. Click here to start using Simply Wall St today!
