Investing in the stock market has never been as easy as it is now. With a plethora of online investor tools available at your fingertips, stock market analysis has now become accessible to anyone with internet access and money to invest.
With the new year underway, we’ve compiled a list of the best online tools that we consider must-haves for investors, both seasoned and beginner. Read more about our top four online investor tool picks below.
- Signal NFX
Signal NFX is a tool powered by AI for venture capitalists and company founders to connect and collaborate. Their mission is to give founders the highest quality capital sources and advice by connecting them with the perfect investor.
One key aspect of Signal NFX is the investor profiles on the website. By allowing investors to create their own profiles, companies can gain more insight into the individual’s investment preferences and risk tolerance. If you’d like to see an example of an investor profile on Signal NFX, click here.
Not a venture capitalist or company founder? Then Robinhood may just be the perfect investment platform for you. With commission-free trading and a wide variety of investment types, such as stocks, ETFs, options, and even cryptocurrency, Robinhood is an all around good choice for your investment needs.
In addition to their main services, you can also use their platform for analyzing the stock market as it offers real-time market data and news. Robinhood also offers basic information about various stocks you can buy from their app. These include things like earnings per share, price-to-earnings ratio, and dividend yield.
Morningstar is an investment information platform that specializes in providing data, research, and analysis of mutual funds, stocks, and other assets. The company was founded in 1984 in Chicago and has grown into one of the largest and most respected financial services companies in America.
There are various levels of subscription options on Morningstar that will allow you to access the full comprehensive investment tools and stock analysis that Morningstar has to offer. They have a basic subscription, which offers stock and mutual fund data, investment screeners, and some proprietary ratings.
The next tier up is the premium subscription which includes access to Morningstar’s X-Ray tool, which breakdowns the asset allocation, style, sector exposure, among many other key metrics for portfolios. It can be an extremely helpful tool for investors who are unsure of which sector they should invest in next, or want an outside opinion on their portfolio. If you consider yourself to be a seasoned investor, then you may want to look into the premium subscription plan offered by Morningstar. Check the website for more information.
- Personal Capital (Now Empower)
If you have investments across multiple platforms, then Empower may just be the tool for you. This tool is built to keep track of all your investment accounts in just one place, making it easier for you to get an overview of how your investments are performing.
They also offer tools that help you plan your retirement, such as the retirement savings calculator and retirement income calculator. Both are very useful tools.
Empower was previously known as Personal Capital until just recently. They changed their name to Empower in February, after 13 years of going by the name Personal Capital.
That’s it! Now you have some more tools in your backpocket when it comes to doing stock market research and analysis. Whether you have been investing for some time, or you’re just starting out, there are a lot of online tools available that can help you make informed financial decisions.