You already know that Seeking Alpha is a place where investors go to discuss, debate, and hopefully gain valuable knowledge that increases their expertise (and hopefully helps them make better decisions) in the stock market.
Since anyone can use the service and not just professional investors, it might be tough to answer the question, “is Seeking Alpha reliable?”
If you are considering using Seeking Alpha, you can take solace in knowing that Seeking Alpha has a great track record when it comes to its performance against the S&P 500. Just how good is their track record when it comes to the financial market? Keep reading to find out
What is Seeking Alpha?
Before we get into just how reliable Seeking Alpha is, first a quick recap of what they are.
Seeking Alpha is a stock research platform.
What does that mean?
Basically, it’s a large community of passionate investors that are savvy in the industry. Seeking Alpha allows these investors to get together, and share insights, knowledge, and their own stock analysis.
Seeking calls itself the largest investing community on the internet. All investors, from amateurs to pros can weigh in on what’s going on and offer their opinions on various topics such as mutual funds, stock prices, and investment strategies.
While Seeking Alpha can be used by all, the software is not for a rookie. There will be a learning curve if you aren’t experienced. When we compare Seeking Alpha to the likes of Motley Fool Stock Advisor, for example, the latter is a much better option for newbies. However, Seeking Alpha does have a lot of educational resources that would be sad to pass up.
It’s a largely free service, but of course, additional perks are offered to premium subscribers of their Alpha Premium and Alpha Pro platforms, as it does with most financial services.
For a more in-depth review of Seeking Alpha and how they can help you better navigate the stock market, click here.
Learn More About Seeking Alpha
How Reliable is Seeking Alpha?
The best way to see if a platform is reliable is by analyzing its past performances. Keep in mind that although a platform is reliable now, it doesn’t mean it will be year after year. Performances can fluctuate, but it’s the overall percentage that we want to look at.
Historically, Seeking Alpha has been a very reliable investment research platform, especially when compared to something as conservative as S&P 500, which is a recommendation for long-term growth without high risk.
Yes, Seeking Alpha is reliable even when we compare it to steady ETFs. Not to mention, their more “bullish” stocks have had excellent returns.
Seeking Alpha’s “Strong Buy” rated stocks have an average return of 27% compared to that of the S&P 500.
Seeking Alpha Reviews
Don’t just take our word for it though, check out these user reviews below. Just remember that no matter how high a platform rates on review sites, there are bound to be some negative reviews.
Seeking Alpha Android Reviews
4/5
Seeking Alpha iOS Reviews
5/5
Seeking Alpha Membership
Seeking Alpha has three premium services: Basic, Alpha Premium, and Alpha Pro. As you may have guessed, the Basic plan option is free, but it offers fewer fundamental analysis tools. Alpha Premium is the most popular option and will cost you $19.99 a month. You then have the most expensive Pro plan, which is $199.99 if billed annually.
Which should you go for? It greatly depends on what you need. The Basic plan has limited features, but it’s good enough if all you want is to follow authors and read new articles, read and post blogs and comments, view some Quant ratings and manage most of your model portfolios.
Alpha Premium is where things get a little more serious with additional features such as the stock screener, and more. Alpha Pro is where users gain unlimited access to the benefits of the platform by unlocking all of its features including investing strategies, earnings calls and earnings call transcripts, email alerts, and stock charts just to name a few.
Is Seeking Alpha Worth It?
So, is it right for you? We’re going to lay out who each plan is best for you to help you make a decision.
Get the Basic plan if you’re just getting into investing and you want to see and test what various platforms can offer you without a monetary commitment.
The Alpha Premium plan is excellent for intermediate investors that know the basics but want to get more out of the platform. With the Alpha Premium service, you can manage more of your profile, view your financial statements, and have long-term or retirement goals you are striving for. This premium plan gives you access to the research and the educational tools that allow you to achieve it. If this sounds like you, then the Premium is for you.
As for the Pro plan, well, it is for who the name suggests – pros. You get full exclusive access to the platform’s features and get treated like a VIP as well.
So, Is Seeking Alpha Reliable?
Seeking Alpha is definitely something to check out, regardless of your experience level. The platform offers a completely free basic plan for you to browse and see what Seeking Alpha could potentially offer you. Aside from that, Seeking Alpha offers annual discounts plus free trials for their premium subscriptions. Check out more information here.
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