Benzinga and Seeking Alpha are two of the top platforms for stock market news and analysis. Both platforms offer real-time updates throughout the trading day as well as stock research to help you trade and invest more effectively. Benzinga’s premium service, Benzinga Pro, offers real-time news alerts, while Seeking Alpha Premium gives you access to top-rated stock ideas.
In this guide, we’ll compare Benzinga vs. Seeking Alpha to help you decide which service is better for you. We’ll also look specifically at what Benzinga Pro and Seeking Alpha Premium can offer.
- About Benzinga and Seeking Alpha
- Benzinga vs. Seeking Alpha: Market News
- Benzinga vs. Seeking Alpha: Stock Analysis
- Benzinga vs. Seeking Alpha: ETFs, Crypto, and Additional Markets
- Benzinga vs. Seeking Alpha: Portfolios
- Benzinga Pro vs. Seeking Alpha Premium
- Which Service is Better?
- Alternatives to Benzinga and Seeking Alpha
- Conclusion: Benzinga vs. Seeking Alpha
About Benzinga and Seeking Alpha
Benzinga is an online market news platform launched in 2010. The platform offers free market news updates, in-depth stock research, and a paid newswire service. Benzinga has more than 25 million monthly readers.
Seeking Alpha is a stock research platform launched in 2004 with the goal of crowdsourcing analysis from a wide range of analysts, fund managers, and market experts. The platform also has an in-house editing team that publishes market news. Seeking Alpha has more than 20 million monthly users.
Benzinga vs. Seeking Alpha: Market News
Market news is at the heart of both Benzinga and Seeking Alpha. News articles are written by in-house editors at each service, and most news articles take less than five minutes to read. Access to news is free at each of these platforms, so for many investors it’s worth following both Benzinga and Seeking Alpha throughout the trading day.
Benzinga’s news articles are organized into a variety of categories, including earnings, M&A, legal news, IPOs, and insider trades. A popular news feed highlights the articles that are being most widely read by Benzinga users.
Seeking Alpha news stories are mainly organized by market and sector, so there are categories for healthcare stocks, financial stocks, consumer stocks, and REITs. There are additional news feeds for IPOs, earnings, and dividends.
Benzinga vs. Seeking Alpha: Stock Analysis
Benzinga and Seeking Alpha each offer resources for stock research, although Seeking Alpha goes much further in this respect.
At Benzinga, stock pages include technical charts from TradingView, a table of current analyst price targets, earnings history, and key financial ratios. Benzinga also has analysis articles that explore long and short stock ideas, although these tend to be lists of stocks worth watching rather than in-depth research reports.
Seeking Alpha offers far more detailed information on its stock pages. The platform includes details about earnings, fundamental ratios, growth, and recent performance. Even better, Seeking Alpha makes it easy to compare all of these statistics against a company’s peers in the same market sector.
Seeking Alpha also has numerous analysis articles for each stock. These articles are written by outside contributors, who are typically financial analysts, fund managers, or other market experts. These articles are typically focused on one or a few stocks, and they can be quite in-depth. Analysis articles from different contributors often have different perspectives or take different approaches to analyzing the same company.
Benzinga vs. Seeking Alpha: ETFs, Crypto, and Additional Markets
Benzing and Seeking Alpha both cover more than stocks. Benzinga has newsfeed pages for cryptocurrency, forex, bonds, commodities, and options. There are also feeds specifically for ETFs, the cannabis industry, and penny stocks.
Similarly, Seeking Alpha offers news and analysis for cryptocurrency, forex, commodities, and real estate. Seeking Alpha also has a newsfeed and screener specifically for ETFs.
Benzinga vs. Seeking Alpha: Portfolios
Both Benzinga and Seeking Alpha support custom watchlists and portfolios. You can opt to receive alerts whenever news or analysis articles are published about stocks in your portfolio.
Benzinga Pro vs. Seeking Alpha Premium
Benzinga Pro and Seeking Alpha Premium are the flagship paid services from Benzinga and Seeking Alpha, respectively. While Benzinga and Seeking Alpha’s free offerings have a lot in common, Benzinga Pro and Seeking Alpha Premium are very different services.
Benzinga Pro is a market newswire service. This platform offers breaking market news in real-time, and its goal is to deliver headlines before any other market news service. Headlines are written by a dedicated team of editors and are designed to be digested as quickly as possible. Benzinga Pro offers a detailed news scanner and customized feeds based on your watchlists. You can also upgrade to get an audio squawk feature, which reads headlines out loud, so you don’t need to leave your trading platform.
Seeking Alpha Premium builds on the features available in Seeking Alpha. It offers access to lists of top stocks that have strong ratings from Wall Street analysts, Seeking Alpha contributors, and a quantitative model built by Seeking Alpha. It also makes it easier to research stocks by grading them on a 1-5 scale and rating their fundamental ratios on a scale from A-F. You also get unlimited access to the Seeking Alpha stock scanner, which offers hundreds of technical, fundamental, and performance filters to help you find potential stock picks.
Benzinga Pro is free to use, but the free plan only gives you access to original headlines from Benzinga. Full access to the newswire starts at $27 per month, while access to audio squawk and the news scanner costs $177 per month or $1,404 per year.
Seeking Alpha Premium costs $19.99 per month, and you can try out the service free for 14 days.
Which Service is Better?
Benzinga and Seeking Alpha are relatively similar market news and research platforms. Seeking Alpha puts slightly more emphasis on stock research by offering more fundamental data and analysis articles in addition to news articles. Both platforms offer custom portfolios to support news alerts. Since all news articles are free to access, it makes sense for most traders and investors to keep an eye on both platforms.
If you want an advanced real-time newswire service, then Benzinga Pro is one of the best platforms available. It’s not cheap, but Benzinga Pro offers advanced tools like a news scanner and audio squawk.
If you want in-depth stock research and trade ideas, then consider Seeking Alpha Premium. The top stock lists and stock screener offer a jumping-off point for finding stocks to buy, and you can use Seeking Alpha’s analysis articles to dig deeper into the stocks you’re most interested in.
Alternatives to Benzinga and Seeking Alpha
If you’re interested in using Benzinga and Seeking Alpha to stay on top of market news, then you might also consider a platform like CNBC. CNBC offers a wider view of the market, focusing on the news and events that are driving whole indices as much as it focuses on individual stocks.
CNBC Pro, which costs $29.99 per month or $299.99 per year, lets you stream live CNBC broadcasts online. So, it’s suitable if you want to keep an audible news stream open while trading but don’t want to pay for a pricey Benzinga Pro subscription.
Conclusion: Benzinga vs. Seeking Alpha
Benzinga and Seeking Alpha are market news platforms that make it easy to follow breaking news and get updates about stocks in your portfolio. Both platforms offer news for free, and Seeking Alpha offers detailed stock analysis written by financial experts. Benzinga Pro is a paid market newswire service designed for news traders, while Seeking Alpha Premium offers lists of top-rated stocks to help you generate trade ideas.