Stock Rover Review
Product Name: Stock Rover
Product Description: StockRover.com is a subscription-based research software service. It provides a one-stop resource for a wealth of fundamental data, scans, watchlist, charting tools along with market analysis reports.
Ease of Use
Looking to try out a new trading software? StockRover.com provides you with a wealth of interesting features. Read this review to find out if this research software service can measure up to your needs.
About Stock Rover
StockRover.com is a subscription-based stock research service. It’s a one-stop resource for a wealth of fundamental data, scans, watchlists, charting tools, and market analysis reports. While a lot of the research that Stock Rover provides can be found for free by scouring a variety of different sites, the convenience of having everything in one place saves a lot of legwork and time enabling users to focus more on analysis.
|📈 Features||Stock Data, Research Reports, Stock Screeners|
|💰 Pricing||Starts at $7.99/month|
|⭐ Discounts||16% Off Annual|
|✅ Best For||Research-Driven Investors|
|🔁 Alternative To||Yahoo Finance, YCharts|
Stock Rover Pricing Options
Stock Rover offers a free plan that gives you access to basic functions including delayed quotes, analyst rankings, news and market updates. The free plan is a great way to kick the tires. There are three Stock Rover premium plans billed annually.
- The Essentials plan costs $79.99 per year and contains everything in the free plan plus portfolio watchlists, over 240 additional financial metrics, a stock screener, five years of historical data, real-time text and e-mail alerts, investment comparison tables and brokerage integration.
- The Premium plan costs $179.99 per year and includes everything in the Essentials plus over 360 financial metrics and 10 years of historical data, data exporting, ranked screening, ETF scanning, portfolio analysis, correlation analysis, trade planning, rebalancing tools, integrated notes/comments and multi-monitor support.
- The Premium Plus costs $279.99 per year and contained everything in Premium plus over 500 financial metrics with customization, screening with equations, portfolio health analysis, higher data limits and top priority e-mail support.
There are also monthly payment options and 2-year subscriptions available. You can find the pricing here.
Stock Rover Features
Stock Rover has many unique features that set it apart from other stock research platforms. The features will vary by plan. For our review, we looked at the Stock Rover Premium Plus plan so we could test all of the platform’s unique features.
All of these features are designed to help you discover and analyze stocks. A big part of the platform’s value is how effective it is for analyzing multiple investment opportunities. While you can dig deep into research on a single stock, you can also comb through multiple opportunities efficiently. This is done through the use of different views/layouts.
There are three main views for analyzing a stock in the Stock Rover dashboard:
- Table – Table view is great for comparing multiple stocks.
- Charts – Charts are great for analyzing the technical and fundamental performance of an individual company.
- Insight – Insights offer more data and details on individual companies.
Let’s take a closer look at some of the main features.
Table view is a great way to compare multiple stocks and sort them by a variety of criteria. Here is an example of a list of stocks sorted by their Value Score:
There are a bunch of different “view” options that you can use to compare stocks. Each view will have different columns related to the view’s theme. You can also create your own views if you prefer. Here are the table view options that are included:
Here’s an example of the “Returns vs. S&P 500” view:
These table views are incredibly helpful. I use them for two primary purposes:
- Analyzing my watchlists and portfolios – Load up your watchlists in Stock Rover and you can view them using table view. This can help you see which stocks are performing well and which ones aren’t.
- Analyzing stock screener results – I use the table view to analyze the results of my scans (screens). This can help me find top-performing stocks, undervalued stocks, or whatever I may be searching for.
Once I find some stocks I like, I dive deeper into fundamental and technical analysis using the charts.
The platform has all the basic types of charts including candlestick, bar, and line. There are also fundamentals and events-based charts, which are more like graphs. The events charts include portfolio activity, earnings, splits, max drawdown, and dividends. The technical analysis chart time frames are focused on longer periods, which accommodates swing traders and investors.
The charting comes with a limited number of the most popular indicators including moving averages, MACD, RSI, Bollinger Bands and volume. When I say limited, I mean only eight indicators. However, using the right mix of these basic indicators can yield nice results or confirm signals. Key price inflection points can be confirmed with the volume by price indicator to spot meaningful reversal levels. Stock Rover isn’t really a “technical charting” platform like TradingView, but there are enough technical indicators to make these charts viable for swing traders and investors.
One feature that really stands out in Stock Rover is its ability to plot fundamental metrics on a chart. We were impressed by this feature when we saw it in Ycharts, but Stock Rover offers similar functionality at a much more affordable price.
You can choose from an impressive selection of fundamental indicators that can be plotted across a chart. This list includes everything you’d expect and more. Indicators include revenue, profit, EPS, cash, etc. Here are just a few of the options:
This is a fundamental analyst and value investor’s dream. For example, I like to compare a company’s price to its P/E ratio to see if the valuation is increasing alongside the price, or if the company remains at a steady value.
The fundamental charts alone make the platform well worth it, but let’s take a look at some of the other features.
We discussed the charts and tables so far. The last of the three views is the “Insights” view. Stock Rover’s insight panel offers a brief report on any company you select. You will find information on the stock’s performance, valuation, growth, profitability, and much more. Here’s what it looks like:
There’s a lot of data to review, including everything from analyst ratings to fair value estimates to growth metrics. It’s a pretty convenient tool for long-term investors who want to get a full picture of a company as quickly as possible.
Stock Rover Screener
Stock Rover has a great fundamentals-based stock screener with powerful built-in scans. Explanation and criteria formulas are provided for each of the built-in scans. Many of them are quite detailed and in-depth. Users can also tweak the criteria with their own customized scans. Exotic scans like Buffettology Inspired, Piotrosky-High F-Score, Capital Efficiency and Small Cap Rockets are unique to Stock Rover.
These scans can be used to find some great trading and investment ideas.
You can also create your own custom screeners if you are looking for a particular type of opportunity. Stock Rover has an impressive amount of scanning criteria that you won’t find on most platforms.
You can create a lot of unique screeners to uncover different types of opportunities (value, momentum, etc.). I like to use my custom screeners as a starting point whenever I’m researching new investment opportunities.
Users can create watchlists to track stocks or whole portfolios with customizable columns. Stocks can also be analyzed through various pages including profile, performance, returns vs. S&P 500, dividends, grades and valuations. The portfolio analysis tools are excellent and you can easily compare metrics on all the stocks on your watchlist or portfolio.
There are also a few built-in watch lists included with the Stock Rover library, although you’ll likely want to create your own.
Alerts can be pre-configured with a wide selection of triggers. The selections range from simple price triggers to P/E, volume earnings events and comparisons to industry averages.
Stock Rover Research Reports
Stock Rover allows users to generate on-demand research reports for any ticker in the platform. Research reports can be viewed in your browser or downloaded as a PDF.
When I first tested the Stock Rover research report section, I wasn’t expecting much. I’m familiar with the templated reports that many brokers and research firms offer to clients, and I’ve never found them to be very useful. I was pleasantly surprised by Stock Rover’s research reports for a few reasons.
- The research reports are generated in real-time, so the data is always current.
- You can get reports on any ticker (whereas some firms/brokers only offer research reports for select stocks)
- The reports are clean, filled with visual support, and easy to read.
Each report contains about eight pages of well-organized research. Reports are broken up into the following sections:
- Price Data + Charts
- Analyst Recommendations (Consensus)
- Quantitative Stock Ratings for Value, Growth, Quality, and Sentiment (generated by Stock Rover)
- Comparisons to Other Stocks in the Sector
- Fundamental Data and Charts (Profitability, Sales, Accounting Ratios, and More)
- Summarized Financial Documents (Income Statement, Balance Sheet, and Cash Flow Statement)
- Dividend History (when applicable)
- Red Flags (Filing Issues, Share Dilution, Earnings Misses, etc.)
Honestly, these are the best auto-generated research reports I’ve seen. I generally have to visit a couple of sites and click through a few pages to get access to all of this information. The Stock Rover platform makes it easy to view all of this critical information in one place.
If you are researching a new stock for a potential investment, you should start by checking out the research reports. These reports serve as an excellent starting point for fundamental research. You may also discover better investment opportunities in the “Peers” section of the report.
So far, we’ve been discussing Stock Rover features that help you discover and analyze new opportunities. Stock Rover also has portfolio analysis tools that can help you analyze the performance of your current holdings.
Stock Rover integrates with most popular brokerages, including Charles Schwab, E*TRADE, TD Ameritrade, Fidelity Investments, T. Rowe Price, Morgan Stanley, Merrill Lynch, Merrill Edge and Vanguard Investments. There are over 1000 supported brokerages, so its likely you can connect your account.
Once you connect your brokerage account, you can utilize a variety of tools to analyze your current portfolio.
These tools are helpful for any investor but particularly helpful for investors with 10+ stocks in their investment portfolios.
Here are just a few of the things you can do:
- Generate portfolio summary reports for one or more portfolios
- Analyze portfolio (or individual stock) performance using a variety of metrics
- Benchmark performance against indices (i.e. the S&P 500)
- Project a portfolio’s future dividendincome
- Simulate the future performance of a portfolio
- Look for correlations between the stocks in your portfolio
- Analyze current position weights, set desired weights, and get instructions for rebalancing
- Set alerts for stocks in your portfolio (way beyond basic price alerts)
This may be one of the best portfolio management tools for investors with diverse portfolios.
What Type of Trader is Stock Rover Best For?
Stock Rover is ideal for self-directed investors and swing traders that rely more heavily on fundamental and qualitative data for stock selection and portfolio management.
Researchers and analyst types that love comparing financial ratios and metrics to find the “need-in-the-haystack” overlooked stocks will love this service.
Simply put, Stock Rover is an excellent choice for traders who want to discover, research, and analyze trading/investment opportunities with ease.
Is The Service a Good Value?
The Stock Rover Premium plan is a great value at $179.99 a year. More advanced users that want customizability can consider the Premium Plus for $279.99 a year. Having access to the built-in stock screeners is worth the cost on its own. The only downside is that you have to pay the annual fee upfront.
We were very impressed with Stock Rover. At $180/year for the Premium plan, the platform comes down to $15/month. If you prefer to pay month-to-month, you can pay $17.99/per month.
It’s hard to find other platforms that offer the same features for even close to the same price. For example, Ycharts charges $200-$400/month for fundamental charts, whereas this feature is included with Stock Rover. Stock Rover also includes charting, stock screening, alerts, and much more.
It’s pretty much a no-brainer to at least try the platform to see if it works well for you. You can sign up for free and upgrade if you enjoy the platform.
- A comprehensive set of investment analysis tools
- Unique built-in screens
- Solid plug-in portfolio tracking and analysis tools
- Efficient watch lists to enable snapshot comparisons
- Detailed alert parameters and convenient text and email delivery
- Flexible customizable screens (Premium Plus subscribers)
- Limited charting technical indicators
- Not robust enough for intra-day traders