Seeking Alpha Review
Ease of Use
Seeking Alpha is a stock research platform designed for self-directed investors. This platform offers in-depth stock research on most U.S. stocks and ETFs, including financial data, stock ratings, and peer comparisons. Seeking Alpha also offers analysis articles from Wall Street analysts, fund managers, and experts as well stock recommendation lists, a stock screener, and more. Get all the in-depth details on this stock research platform by reading our complete Seeking Alpha review now.
- Stock ratings based on quant model, contributors, and Wall Street analysts
- In-depth financial metrics with peer comparisons
- Analysis articles written by a wide range of contributors
- Lists of top-rated stocks
- Comprehensive stock and ETF screeners
- Limited tools for charting or technical analysis
- Requires a strong understanding of fundamental analysis techniques
- Little coverage of mutual funds
Seeking Alpha is a comprehensive stock research platform for the self-directed investor. It offers detailed financial data, stock ratings, and peer comparisons for most US stocks and ETFs. Seeking Alpha also offers a wide selection of analysis articles on individual stocks written by Wall Street analysts, fund managers, and other experts. Finally, Seeking Alpha includes stock recommendation lists to help self-directed investors generate their own investing ideas.
In our Seeking Alpha review, we’ll cover everything this platform offers and help you decide if it’s right for you.
Seeking Alpha Pricing Options
Seeking Alpha offers three pricing tiers: Basic, Premium, and Pro.
Seeking Alpha Basic is free and provides limited access to the platform’s investment research tools. You can read some analysis articles, but you won’t get access to most of Seeking Alpha’s stock financial ratings.
The Seeking Alpha Premium service costs $29.99 per month or $239 per year and unlocks most of the platform’s features, including all analysis articles, financial ratings, and stock recommendations.
Seeking Alpha Pro costs $299.99 per month or $2,399 per year and gives you access to the Pro newsletter, which is essentially a stock picking service.
You can try out Seeking Alpha Premium or Pro free for 14 days (credit card required).
Seeking Alpha Features
Seeking Alpha offers extremely in-depth research tools to evaluate a company’s financial health and fundamental performance relative to peers.
To start, Seeking Alpha gives each stock several ratings. Seeking Alpha’s quant rating is an algorithm-based rating that ranges from 1 (strong sell) to 5 (strong buy). It’s accompanied by A-F ratings for a company’s value, growth, and profitability, and you can see how these ratings have changed on a daily basis for the past three years.
Seeking Alpha also offers 1-5 ratings based on consensus among Seeking Alpha contributors and based on Wall Street analysts’ buy/sell/hold ratings. For contributor ratings, you can break down ratings by top-performing contributors. You can also see how either Seeking Alpha author ratings or Wall Street analyst ratings have changed over the past three years.
The platform displays the company’s detailed financials, including its income statement, balance sheet, and cash flow, in interactive tables. You can view companies’ past earnings, earnings call transcripts, and A-F grades for analysts’ earnings estimate revisions. Seeking Alpha also grades dividend-paying stocks on their dividend growth, safety, yield, and consistency relative to peers.
The detailed valuation, growth, and profitability metrics available in Seeking Alpha are particularly unique. The platform offers a large number of metrics, going well beyond top-line metrics like price-to-earnings or revenue growth. For each metric, Seeking Alpha offers an A-F grade based on performance relative to peers and displays the stock’s one-year and five-year performance for that metric.
One of the most useful aspects of Seeking Alpha is that Premium members have access to analysis articles from a wide variety of market experts, including stock analysis, fund managers, investment gurus, and more. Many different Seeking Alpha authors will write their own analysis pieces for the same stock, and these analysis pieces often take different approaches to fundamental analysis, depending on the author. So, users get a range of bull and bear opinions for any stock.
These analysis articles are typically in-depth and can be quite advanced, so they take some time to read and digest. Beginner investors may find some authors to be easier to follow than others.
Seeking Alpha offers several top stocks lists to help investors generate investment ideas. The primary top-rated stocks list includes around 50-100 stocks that receive strong buy ratings from Seeking Alpha’s quant algorithm, authors, and Wall Street analysts. Other lists cover top dividend stocks, top growth stocks, and top value stocks.
According to the Seeking Alpha website, recommendations generated by its quant algorithm have produced average annualized returns of 27% since 2010.
Seeking Alpha offers a stock screener and ETF screener, both of which are extremely powerful tools for finding potential investments. The stock screener offers hundreds of financial and fundamental metrics for filtering stocks. You can also filter stocks based on quant, author, and Wall Street analyst ratings, financial metric grades, dividend grades, stock price, and market cap. Results are displayed in a table with all relevant metrics displayed so that you can quickly compare stocks that met your screen parameters.
Seeking Alpha Premium subscribers also have access to 24 premade stock screens. The majority of these rely on quant ratings and look for top stocks in a particular sector, but there are also several screens for stocks with short squeeze potential.
Customization and Layout
Seeking Alpha isn’t very customizable, but the platform does offer spaces where you can track your own stock ideas and investments. For example, you can create an unlimited number of portfolios to track stocks. For each portfolio, Seeking Alpha can send you an email digest at the end of each day with details about the portfolio’s performance and any new analysis articles related to those stocks. You can also create portfolios by linking a brokerage account to Seeking Alpha.
The platform also lets you follow favorite authors and receive email alerts when they publish new articles.
Seeking Alpha Platform Differentiators
Seeking Alpha offers comprehensive tools for fundamental stock market research. The platform not only offers access to in-depth financial data, but helps investors parse that data through a wide range of metrics and ratings that compare companies against their peers.
Seeking Alpha also offers several different ways for investors to find new ideas. They can use the stock screener, explore the lists of recommended stocks, or check out articles from Seeking Alpha contributors.
The analysis articles written by outside contributors are also a significant differentiator for Seeking Alpha. While platforms like Zacks and Morningstar offer detailed research reports, these only reflect the viewpoint of a single analyst. With Seeking Alpha, investors can check out many competing viewpoints on the same stock and make investing decisions based on a wider range of information.
Is Seeking Alpha Premium Worth It?
Seeking Alpha is best for self-directed investors who are comfortable with fundamental analysis. The platform is focused on US stocks and ETFs and is suitable for medium and long-term investing horizons.
While it’s possible to use Seeking Alpha based on the ratings and top stock lists alone, this isn’t a stock picking service like Stock Advisor. Rather, the meat of the platform is contained in its in-depth financial metric ratings and contributor articles. This data can be complex and takes time to digest, so investors need to be fluent in fundamental analysis techniques and must be willing to spend time considering the bull and bear cases for a stock.
Seeking Alpha provides excellent research tools for the price. It’s a valuable tool that’s worthwhile for any medium and long-term investors who want to fully analyze and understand the companies they are investing in.