Successfully evaluating stock picking services is hard to do, especially when endless scams are promising to find you the next 10000% return. Our team of analysts researched, tested, and filtered out the good from the bad.
Rating Factors We Consider
When rating the best stock picking services, analysts evaluated the following criteria:
- Industry Reputation (20%): Analysts leveraged third-party data and sources to accurately evaluate the reputation of the stock-picking service amongst consumers. We utilized Verified Google Reviews, Better Business Bureau, Consumer Financial Protection Bureau, and expert interviews.
- Historical Performance (30%): This is the most important factor we consider when rating stock picking services. Internally, this is what we refer to as “walk the walk.” If the service does not provide proof and date of the stock, they recommended to their customers then we will stop our research and end the review process. Providing transparent historical performance data and results is a clear sign the service is reputable, trusted, and worth delving into. Consumers deserve to only work with services that are transparent and honest.
- Features and Benefits (10%): Analysts evaluate the features and benefits of the service. We dive deep into the nitty-gritty details and articulate what you will receive. Stock picking services are a dime a dozen. Some are simple email newsletters, while others are a robust platform and enriching educational experience. You can rest easy knowing we did the research.
- Pricing (20%): Analysts review the affordability of the service, and how fees are charged. Is it one flat fee annually or is it monthly? Each review will clearly articulate the pricing of the stock-picking service.
- Community Access (10%): Analysts value stock picking services that offer customers a community experience. This includes being able to interact with other subscribers, sharing ideas, and learning from one another.
- User Experience (10%): Analysts hate services that have a brutal user experience. We evaluate the platform’s mobile and web experience, sign-up process, and customer support.
Collecting Data and Information
Product analysts, editors, and writers leverage third-party resources to accurately collect data and information. The sources analysts use are as follows:
- Consumer Financial Protection Bureau
- S. Securities and Exchange Commission
- Better Business Bureau
- Trust Pilot
- Verified Google Reviews – Our Secret Weapon.
- Expert Interviews
- Reputable Financial Media Properties, such as CNBC, Bloomberg, WSJ, & NYT.
We also rely on expert interviews, deep research, and personal experience with the product to fill in content gaps. Ultimately, this process takes hours; however, it is what we love to do. The fine print is our forte, and helping you find a reputable service to utilize is our mission.
Stock Picking Services Review Team
The editorial team is made up of product analysts, financial connoisseurs, data nerds, and industry veterans. We know a thing or two when it comes to accurately evaluating a stock picking service. Our editorial integrity and ruthless pursuit of the truth are the reasons why we have been featured on CNBC, US News & World Report, Fox Business, Business Insider, and countless other reputable media properties.