Looking for a stock research software that can help you find discounted stocks quickly and easily? Then Tykr might be worth considering. Built on the foundations of conventional investment wisdom, Tykr is designed for long-term investors who are searching for undervalued stocks.
It offers simple and robust stock screening, making it an excellent choice for beginner to intermediate investors. If you’re interested in explosive gains and day trading, this might not be the right option for you.
In this Tykr review, we’ll take a closer look at how the software works and its top features, so you can decide whether it’s the right fit for you.
What Is Tykr?
Tykr is a stock research platform that simplifies the process of finding undervalued stocks. It offers a comprehensive stock screener and education platform designed to guide investors throughout their entire investing journey.
Tykr analyzes the fair value of more than 30,000 stocks and highlights those that are currently trading as bargains. With an easy-to-understand rating system, Tykr clearly informs investors on why a stock is rated On Sale (potential buy), Watch, or Overpriced (potential sell), reducing the risk and helping investors manage their own investments.
Tykr has established a strong track record, despite being a relatively young company, and offers a solid, time-tested strategy for investors who prefer to buy low and hold for long-term gains.
Tykr has several features that make it an excellent stock screening service. Some of its notable features include:
- Fair Value Analysis: Tykr uses an algorithm to evaluate over 30,000 international and U.S. stocks. The platform calculates the stock’s “margin of safety” based on its current price and fair value. Stocks with a margin of safety of 50% or more are labeled as “on sale,” stocks with lower margin of safety are rated “watch,” and stocks priced above their fair value are rated “overpriced.” Tykr justifies its fair value calculation with a simple formula that uses a stock’s annualized earnings per share (EPS) growth instead of share price growth.
- Tykr Score: Tykr assigns a score to every stock on a scale of 0-100 based on its return on invested capital, equity growth rate, EPS growth rate, sales growth rate, and cash growth rate. The platform explains how it arrives at these scores and how well each stock scored across these categories.
- Stock Research: Tykr’s stock research pages cover the margin of safety and Tykr score for each stock, and summarize information that goes into these metrics. Its bar charts show key metrics from a stock’s income statement, balance sheet, and cash flow statement. The platform also includes an earnings calendar, a valuation ratio comparison tool, and a news feed.
- Stock Screener: Tykr’s simple but useful stock screener helps you find companies worth investing in. You can filter for on-sale stocks based on margin of safety cutoffs and Tykr score. You can also narrow down your search by country, share price, and market sector. Screen results are displayed in a customizable table that lets you sort tickers by valuation ratios, financial data, and dividend yield.
- Customization and Layout: Tykr’s dashboard allows you to add widgets to quickly find stocks worth investing in. You can set up watchlists, portfolios, and price alerts. Tykr’s well-designed layout makes it easy to use.
Tykr has a simple pricing structure, offering just one plan that includes all of its features. Subscribers can choose to pay either monthly at $29.99 per month or annually at $251.88 per year. Opting for the annual plan will save users $9 per month.
The platform offers a 14-day free trial with no credit card required, giving users the opportunity to explore the features and determine if Tykr is the right fit for their investment needs.
Tykr Review: Pros & Cons
Like all products and services, Tykr has its own unique pros & cons. Let’s take a look at some of them:
- Intuitive interface makes stock screening easy and straightforward.
- Fair-value analysis is based on tried-and-true investment wisdom.
- Provides various educational resources for beginner investors.
- Offers a 14-day free trial with no credit card required.
- May be somewhat limited for more advanced investors looking for more advanced tools for fundamental analysis.
- Doesn’t offer access to raw financial data, and the ability to generate visualizations is lacking.
- Storage fees may be considered expensive by some investors.
If you think Tykr won’t meet your expectations for fundamental analysis, there are other viable options out there. One that is worth looking into is TradingView. TradingView has extremely high quality charting options for users. If you want to take a deeper dive into the pros and cons of their service, start with this TradingView Review.
Is Tykr Right For You?
Tykr is an easy to use platform that offers strong stock screening capabilities for beginner to intermediate investors. Experienced investors might be disappointed with the inability to access a company’s raw financial data.
Tykr has an almost unheard of 4.9/5 rating on Trustpilot, so it is definitely not a scam. If you’re a long term value investor with a roughly 10 year investing horizon, Tykr could be an excellent option for finding undervalued stocks.
To see if Tykr aligns with your needs and preferences, click here to start their 14-day risk free trial today.