Simply Wall St is a financial company that provides traders with stock research and analysis tools. Their platform includes a range of features, such as stock research reports, historical performance data, and company reports. These powerful tools help investors assess the financial health of a company in order to make informed decisions about their investment choices.
In this Simply Wall St review, we’ll take a deep dive into Simply Wall St and provide an honest review of its features, pros & cons, and present some alternatives. After reading this, you’ll be equipped with the knowledge you need to decide whether Simply Wall St is the right tool for you.
What Is Simply Wall St?
Simply Wall St was founded by Al Bentley, a self-taught stock investor who had a tough time investing in stocks when he first started out. Bentley’s experience inspired him to create a company that focused on providing stock analysis tools to help individual investors, as well as professional investors, make more informed decisions about their investments.
The company first gained visibility after pitching its idea at a startup event and receiving initial funding. Simply Wall St began by offering free stock reports. This attracted the attention of retail investors seeking an easy and affordable way to navigate the markets.
The company has grown to become a leading provider of financial analysis and stock market tools, with over 5 million registered users in 170 countries! Simply Wall St covers 150,000 company stocks in 95 global markets, making it a valuable resource for investors worldwide.
Simply Wall St Features
Simply Wall St offers an impressive amount of features for both individual and professional investors alike. The platform is designed to help you make informed investment decisions and is packed with powerful tools, including:
- Stock research reports: These reports are a treasure trove of detailed information on individual stocks, including financial data, risk analysis, and investment recommendations.
- Historical performance data: The platform includes historical performance data that is in an extremely user friendly format.
- Company reports: Simply Wall St provides comprehensive company reports that offer valuable insights into a company’s financial health, business model, and competitive landscape.
- In-depth stock analysis: Simply Wall St’s premium and unlimited plans include access to more in-depth stock analysis. This includes personalized portfolio recommendations. You will also receive alerts when impactful events occur, such as a change in a company’s management or an unexpected earnings report.
- Stock screener: This powerful tool allows you to filter and search for stocks based on important criteria like, including financial ratios, industry, market cap, revenue growth, and more.
- Portfolio tracking: With Simply Wall St’s portfolio tracking and analysis tools, you can easily monitor and manage your investments. The platform provides real-time updates and alerts, which makes it easy to stay on top of your investments and make informed decisions.
Simply put, Simply Wall St offers a suite of powerful tools and features that can help investors make more informed decisions about their investments. Next in our Simply Wall St review, let’s take a close look at the pros and cons.
Simply Wall St Review: The Pros & Cons
Simply Wall St is a financial tool that offers many benefits for investors. Here are some of the pros and cons to consider:
Pros:
- Comprehensive analysis: Simply Wall St provides in-depth 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 beginners of all skill levels.
- Cost-effective option: Simply Wall St offers a free plan that includes a lot of features, making it an affordable option for investors who want to test the platform before committing to a paid subscription.
- Discover Page: Simply Wall St’s discover page makes it easy to find new investment opportunities.
- Stock screener: Simply Wall St’s stock screener lets users filter by value, growth, dividend, and performance ratings.
- Side by side comparisons: Simply Wall St allows users to compare multiple companies’ reports side by side to evaluate stocks on the metrics that are most important to you.
- Mobile app: Simply Wall St has a mobile app available with similar features and visuals as the web version.
Cons:
- Dependence on AI and machine learning: Simply Wall St relies on artificial intelligence and machine learning to analyze financial data and provide insights. Although AI technology has come a long way recently, we shouldn’t put our blind faith in it.
- Limited customization: Simply Wall St does not offer many customization options, such as the ability to create custom reports or charts.
- Limited coverage: Simply Wall St’s coverage is not as extensive as some other stock research platforms, so you may not be able to find information on every company you are interested in.
- Limited detail: Some users have found that the stock screener and company reports are not detailed enough for in-depth research.
Simply Wall St Pricing
Simply Wall St offers a variety of plans to fit users’ individual needs and budgets. They have a Free plan that includes a decent set of features, allowing you to check up to five company reports per month and monitor up to five stocks in your portfolio. If you want more features, they offer two different paid plans.
Their Premium plan is priced at $15 a month or $120 a year, and it includes access to up to 30 stock research reports a month. You also have the ability to track 30 stocks in each portfolio. However, the plan does not allow you to export visualizations and company reports to PDFs.
To get all the features, they offer an Unlimited plan that costs $30 per month or $240 per year. This plan will get you unlimited stock analysis reports as well as unlimited number of stocks in each portfolio. You will also be allowed to export data to PDFs and Excel spreadsheets, which is not available in the other plans.
Simply Wall St Alternatives
Luckily, Simply Wall St isn’t the only show in town. If their features don’t exactly match what you are looking for, you have other options.
If you have some experience investing, Seeking Alpha can be a powerful resource. In fact, their “strong-buy” stock picks have outperformed the S&P by over 27%. If you want to find out how they are able to consistently generate this success, read the Seeking Alpha review, to learn more.
If you are more of a visual learner, FinViz could be a great option for you. FinViz has many types of charts that help visual learners spot opportunities. To learn more about this visualization platform, read this FinViz Review.
Is Simply Wall St Right For You?
If you’re new to investing or looking for a user friendly platform to help you make timely stock picks, Simply Wall St is definitely worth considering. This financial tool provides a wealth of information on individual stocks, including revenue growth, historical performance, and a forecast of a company’s future growth. Its use of colorful infographics and charts makes it easier to understand complex financial data. Its free plan is a great way to give it a shot before committing to a paid subscription.
Ultimately, whether Simply Wall St is worth it for you will depend on your individual investment goals and needs. If you’re looking for a platform that can help you make more informed decisions about your investments and has a user-friendly interface, Simply Wall St is definitely worth considering.
Are you ready to take control of your financial future? Sign up for Simply Wall St today by clicking here.
