Thursday, March 28, 2024

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Seeking Alpha Review 2022 – How Good Is It?

What Is Seeking Alpha?

Seeking Alpha is a stock research platform launched in 2004 by David Jackson. Compared to more traditional research platforms, Seeking Alpha takes a crowdsourced approach to all of its recommendations. David’s original idea was to create a space where knowledgeable investors could share their thoughts and polish their strategies as they compared them with other investors.

Seeking Alpha’s best features include stock analysis tools like stock and idea screeners, charting tools, and real-time updates, plus a proprietary ranking system, Quantamental, which has historically outperformed the S&P 500 index for more than 18 years straight, with their Strong Buys recommendations. Since its launch, Seeking Alpha has kept a steady growth and, as of 2022, boasts 20 million monthly visitors and over 15,000 expert contributors.

In this quick Seeking Alpha summary, I will go over the best features and the subscription plans available. If you want to read a more in-depth analysis, check out our full Seeking Alpha review.

Pros & Cons of Seeking Alpha

Pros

  • Access to Stock Analysis & Prices
  • Advanced Stock Screeners and Stock Ratings
  • 14-day free trial
  • Best Buys and Strong Buys recommendations
  • Set up email alerts
  • Real-time news & updates
  • Charting tools
  • Wall Street Ratings

Cons

  • Requires some investment knowledge
  • Limited access to free accounts

Seeking Alpha Subscriptions

The basic Seeking Alpha subscription offers limited access to all the basic features you can expect from a stock research platform. Generally, it’s a good idea if you’re just looking to familiarize yourself with the platform. It includes:

  • Access to stock analysis & prices
  • Set up email alerts
  • Real-time news & updates
  • Charting tools
  • Wall Street Ratings

The Seeking Alpha Premium subscription is the most affordable paid subscription. It offers everything from the basic plan plus access to Seeking Alpha’s proprietary Quant Ratings & Stock Dividend grades and Seeking Alpha Author Ratings, plus a 14-day trial. It’s beneficial if you have investments across many different brokers and would like to track everything in one place while gaining valuable insights into all your holdings. On top of that, you will have access to:

  • Seeking Alpha Author Performance
  • Stock Quant Ratings
  • The Seeking Alpha Mobile App
  • Sync your Seeking Alpha account with your broker of preference

The Seeking Alpha PRO subscription is better suited for experienced investors or fund managers that can justify the considerably higher annual fee and take advantage of all the PRO tools. It includes everything from the Premium subscription plus:

  • Highly curated Top Ideas
  • Access to exclusive newsletters & PRO content
  • Short ideas portal
  • Ideas Screener & Ideas Filter
  • Access to Financial Statements

Seeking Alpha’s PRO screener is one of the best screeners in the market; you can filter investments by timeframe (long or short), sector, market cap, value vs. growth, country, and more. Seeking Alpha Premium and PRO plans also include access to companies’ financial statements dating back 5-10 years.

You can learn more about the features of all the subscriptions and our take on – Is Seeking Alpha reliable?

Seeking Alpha Historical Returns

Since Seeking Alpha was launched in 2004, their Strong Buy picks have outperformed the S&P 500 index by almost 25%, year after year. Seeking Alpha Strong Buy algorithm uses a proprietary analysis and processing tool called Quantamental.

How Quantamental works is that it gathers information from thousands of US stocks and securities and uses weighed parameters like growth, price momentum, collective value, and profitability to rank stocks – the highest-scoring stocks are ranked as ‘Strong Buys’ recommendations. These picks have outperformed the S&P for more than 18 years – is Seeking Alpha Worth it?

This strategy has proven very successful, even when testing how it would perform in the past, using historical data in a backtesting environment.

Become A Seeking Alpha Contributor

Seeking Alpha is powered by its strong network of contributors – and they offer knowledgeable investors the option to join in. Anyone can writes Seeking Alpha; just keep in mind the editorial team will have the final say as to your article being published. You can earn anywhere from $40 to $60 per article or $10 per thousand pageviews of your article.

Seeking Alpha Pricing

Seeking Alpha offers a basic (free) subscription, two paid subscriptions, and a 14-day free trial. Here are the pricings of each plan, assuming you sign up using our Seeking Alpha Premium Subscription Coupon:

  • Seeking Alpha Basic Subscription: Free
  • Seeking Alpha Premium Subscription: $119/year (or $29.99/month)
  • Seeking Alpha PRO Subscription: $2,400/year (or $299.99/month)

Keep in mind that the regular prices for the paid subscriptions are $239 for the Premium and $3,600 for the PRO.

Seeking Alpha Sign-Up Process

Seeking Alpha is available for investors worldwide, and anyone can register to become a contributor. The sign-up process is very quick and won’t take more than 5 minutes. Here are the steps:

  • Visit Seeking Alpha’s website
  • Click Subscribe on the top right
  • Select a subscription or start a free trial

Alternatively, you can sign up with our link directly, and you won’t have to enter any additional information – or Seeking Alpha Premium Subscription Coupon will be applied automatically, and you will get the discount outlined in the pricing section plus the 14-day trial.

Seeking Alpha Trustpilot Reviews

Seeking Alpha has mostly positive reviews from its users, and it holds an excellent rating of 4.1 on Trustpilot. Here’s what some of those users had to say:

  • “One of the best platforms for getting timely info and useful data for understanding the market and tracking investment. I do particularly like the diverse services and experts’ commentaries.” – Lou O.
  • “Two things I appreciate the most. The wide variety of opinions/authors, some with diametrically opposing viewpoints; sifting through this material is always a learning experience.” – Kenneth E.
  • “The ancillary services – notifications (including company news and earnings previews), company financial and market information and conference call transcripts are great and well worth the price of a premium subscription.” – Stephen T.
  • “Seeking Alpha is the market leader in providing informed investment advice to the yearning investment audience. The site promotes healthy dialogue between the advisors and the readers and provides valuable data pertaining to multiple investment portfolios.” – Walt A.

If you’re still unsure if this is the right platform for you, we recommend checking our side-by-side comparison with one of the biggest stock advisor and research services in the US: The Motley Mool. In our Motley Fool vs. Seeking Alpha review, we break down all the benefits and features so you can decide for yourself which is best suited for you.

Final Thoughts

Seeking Alpha is one of the best stock research platforms in the US, and it offers some very unique features. It’s best suited for experienced investors who can use advanced research tools. Its seamless integration with most online brokerages makes it a great option if you have investments across many brokerages. If you’re a beginner, you can take advantage of their actionable recommendations.

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