Stock Rover Review 2024: The Best Research Platform?

In this Stock Rover Review, we will explore key features, pros, and cons to help you decide if this investment research and analysis platform is right for you.

Quick Summary:

Stock Rover is an investment research and analysis platform that provides investors with powerful prebuilt and custom stock screeners, advanced charting capabilities, research reports, portfolio management tools with portfolio integration capabilities across over 1,000 brokers, market research, and much more.

Overall Rating:

Stock Analysis:

Tools & Features:

Ease of Use:

Price:

Best For:

Long-term investors

Income-oriented investors

Growth investors

PROS

• Detailed Portfolio Analytics
• Easy-to-use interface
• Ad-Free

CONS

• No dedicated mobile app
• No Forex or Crypto
• Fewer screeners vs competitors

Price:

$0 – $27.99/mo

Features:

Custom and prebuilt screeners

Advanced Portfolio Analytics

Brokerage account integration

Technical and Fundamental Charting

Stock Research Reports

Mobile App?

No

Current Promotions:

16% off Yearly Subscription

26% off Yearly Subscription

If you are interested in learning how to research stocks, manage your portfolio, and gain actionable insights, you’ve come to the right place. This Stock Rover review will cover the best features, how to use Stock Rover and the best alternatives.

What is Stock Rover?

Stock Rover is an investment research and analysis platform that provides investors with powerful prebuilt and custom stock screeners, advanced charting capabilities, research reports, portfolio management tools with portfolio integration capabilities across over 1,000 brokers, market research, and much more.

The company offers free and premium versions of its platform, with varying levels of functionality and pricing at each tier, making it ideal for beginner and advanced traders and investors.

Stock Rover was founded in 2008 by software engineer Howard Reisman whose passion for investing led him to wanting to simplify and improve the way investors perform market research, make decisions, and track investments.

The company is headquartered in Boston, Massachusetts.

Key Features

Stock Rover offers free and premium features, including stock screening, stock and ETF charting, portfolio management, research reports, backtesting, and much much more.

Portfolio Management

Portfolio management is at the crux of long-term wealth creation.

To help with this, Stock Rover’s portfolio management functionality offers a plethora of features like asset allocation recommendations, portfolio rebalancing, plus integration with 1,000 different stock brokerages.

Noteworthy Features include:

• Portfolio rebalancing recommendations
• Current and future asset allocation based on weighting and distribution parameters.
• Compare portfolio returns for a given period
• Projected Income 
• Correlation Analysis
• View risk-adjusted returns, Sharpe ratio

Broker Integration

I was able to connect my brokerage account and import my portfolio with just a few clicks.

Below is my dividend-adjusted return compared to the S&P 500, which can be very helpful for analyzing your risk-adjusted returns. Overall, I was impressed with the broker integration functionality, which allowed me to seamlessly review my stock portfolio.

Within the risk and reward tab, you can see additional portfolio details such as:

• Dividend-adjusted returns over various time series
• IRR
• Beta
• Volatility vs. S&P 500
• Sharpe Ratio
• Max Draw Down

Correlation

The correlation function is another cool feature within the Stock Rover Portfolio Tools.

You can view the correlation of your entire portfolio and individual stocks against each other, or you can view the correlation between your stocks and any stock you select.

The functionality also allows you to view correlations over predefined or custom time frames.

Stock Rover also allows you to filter on correlations and presents the data in an easily readable heatmap.

Future Income

The future income function allows you to view the future projected dividend income of your portfolio. You can view the data at a summary level, portfolio, or individual holdings holdings level.

Furthermore, Stock Rover allows you to assume you earn interest on your cash or factor in reinvested dividends.

This is a very insightful feature and could make the platform well worth it for income-oriented investors.

Portfolio Simulations

The Stock Rover Portfolio simulator is another really cool feature.

Most people know they know they should contribute to their 401K or 403B, but are often unsure if those contributions will generate enough

The Portfolio Simulator solves this problem….

Stock Rover uses the Monte Carlo simulation technique to test long term expected portfolio growth under a myriad of scenarios, including portfolio survival based on regular planned withdrawals or contributions. According to the outcome of my analysis, I’d end up with an average end value of approximately $2.6 million.

Rebalancing

Stock Rover’s rebalancing functionality helps you define the desired balance for your portfolios at the sector and individual position level. 

You can monitor the drift that occurs from your targeted allocation. When the drift exceeds your threshold, Stock Rover generates the list of trades you need to make to bring your portfolio back into balance. 

However, one drawback is that you cannot actually execute the trades through the Stock Rover Platform. Still helpful though.

Trade Evaluator

Our Trade Planning facility allows you to test potential trades in your portfolio. You can compare your portfolio with the proposed trades vs. your current portfolio across many key risk, performance and sector balance metrics. 

The Trade Planning facility allows you to see the full implications of your trades across a wide spectrum of factors. In addition to performance, and risk, you can see things like the aggregate growth rate, aggregate Price/Earnings, Price/Book and Price/Sales as well as dividends and yield. The Trade Planning facility allows you to quickly see if your trade ideas move you closer or further from your investment goals before you make the trades.

Research Reports

Equity research is a fundamental component of investment analysis.

Stock Rover’s Research Reports compile a wealth of information, including financial metrics, growth rates, valuation, dividends, and ratings, into an easily digestible format.

Stock Rover provides unbiased and comprehensive research on over 7,000 stocks. 

The platform leverages the latest available data to create real-time research reports that can be viewed in your browser or a PDF.

Noteworthy features include:

• Overview: A snapshot of the company, including its sector, industry, market cap, and key performance indicators
• Valuation: An analysis of how the stock is priced relative to its intrinsic value, historical averages, and peer group.
• Financials: Detailed review of income statements, balance sheets, and cash flow.
• Growth: Examination of growth trends in revenue, earnings, dividends, and other areas.
• Profitability & Efficiency: Metrics that demonstrate how effectively the company utilizes its assets and manages its operations.
• Dividends: Information about the company’s dividend history, payout ratios, and yields.
• Investment Ratings:  Includes ratings from various analysts and Stock Rover’s scoring system, allowing for a quick assessment of the stock’s potential.

These research reports are designed to provide novice and experienced investors with a clear understanding of a stock, aiding in more informed and confident investment decisions.

 It centralizes various data points into a single report, potentially saving time and reducing the need to seek information from multiple sources. 

Whether considering a new investment or evaluating a current holding, Stock Rover Research Reports can be a valuable part of an investor’s toolkit.

Screeners

Stock Rover Screeners is a robust tool that allows investors to filter stocks and ETFs based on specific criteria like valuation, dividends, margins, and growth, among others. 

Screeners help users sift through thousands of stocks and ETFs to help identify ones that meet specific investment criteria. By doing so, investors can make more informed decisions, aligning selections with their investment goals and risk tolerance. 

This tailored approach can potentially save time and refine your investment strategy.

Building a screener is simple:

1. Press Create Screener and give it a name
2. Choose equity type
3. Select your universe or large, medium, or small-cap stocks
4. Choose your criteria

Stock Rover comes with over 140 prebuilt screeners like a Buffetology inspired Screener, Fair Value, Dividend Growth, Large cap value, and much more. 

Within the Screener functionality, you can filter based on various technical, fundamental, and events like:

• Debt/Equity
• Gross Margin
• Operating Margin
• EPS
• Splits
• Dividends

I appreciate the vast array of prebuilt screeners because it allows you to get up and running quickly and can later modify the stock screener to your preference.

Stock and ETF Charting

This investment research platform also offers stock charting, which is helpful for investors who prefer a more visual investing experience, allowing you to view the performance of stocks and ETFs over time.

Useful Charting features include:

• Fundamental Charting
• 240 Financial Indicators
• Chart your portfolio vs. an index like the S&P 500
• Plus much more

Converting complex financial data into accessible visual formats allows investors to quickly gauge market trends, compare multiple assets, and make well-informed investment decisions. 

Its flexibility and user-friendly interface makes it a valuable investing tool  for novice and experienced investors.

While many sites offer free charting, none are as robust or as easy to use as Stock Rover. You can start charting with just a few clicks. 

That said, one drawback is that you cannot draw trend lines or annotate charts, however that functionality will be coming soon, according to Stock Rover.

Stock Rover Ratings

Provides a comprehensive rating system that analyzes various metrics such as valuation, growth, efficiency, and dividends. 

These ratings can offer investors insights into the strengths and weaknesses of individual stocks.

By assessing different aspects, the ratings help investors make more informed investment decisions, comparing stocks within a sector or across the market.

This feature is especially valuable for investors who want a quick, easy-to-read document that can help you quickly gauge a stock’s potential and make comparisons with other investment options.

The rating system takes into consideration various factors including:

• Valuation: Assesses how a stock is valued relative to its intrinsic value.
• Growth: Analyzes the company’s historical and projected growth in revenue, earnings, and other key metrics.
• Efficiency: Examines how efficiently the company utilizes its assets and resources.
• Dividends: Evaluates the consistency and reliability of a company’s dividend payments.
• Momentum: Considers the stock’s price momentum in comparison to the broader market.
• Sentiment: Analyzes market sentiment towards the stock, including analyst recommendations and investor opinions.

Additional Features

This stock rover review has thus far covered many of its core features, but there are also some supplemental tools investors may find useful.

Stock Rover Library

The Investor Library is a free online repository of screeners, and portfolios, including guru portfolios, watchlists, views, custom metrics, and research links. Items in the Investor Library can easily be imported into your Stock Rover account.

Watchlists

Stock Rover Watchlists allow users to organize and track specific securities, thus providing a centralized view of selected investments

Through watchlist creation, investors can quickly access real-time data, performance metrics, and analysis relevant to their interests or investment strategies. 

Whether monitoring potential investment opportunities or keeping an eye on your current holdings, Stock Rover watchlists offer a streamlined and efficient way to stay informed and make timely investment decisions. 

The ability to customize and categorize watchlists adds an additional layer of convenience, making it a valuable feature for both novice and experienced investors.

Earnings Calendar

Month by Month you can create a custom earnings calendar to stay up-to-date on the investments in your portfolio.

Peer Comparisons 

Stock Rover’s peer comparisons feature is a valuable tool for investors who want to analyze and compare individual stocks against their competitors.

By directly comparing a stock to its competitors, investors can gain insights into its relative strengths and weaknesses, understand market positioning, and make more informed investment decisions. 

This side-by-side analysis can highlight potential investment opportunities and risks, making it an essential tool for both individual investors and professionals who seek a deeper understanding of a company’s competitive landscape.

Integrated News Feed

Th news feed consolidates news from over 20 sources, including Forbes, MarketWatch, and The Wall Street Journal. This provides a fast and easy way to view market events that could impact your trading portfolio.

NOTE: News Feeds are not real-time, but they are still helpful.

Email and Text Alerts

Allows you to receive text and email alerts for fundamental indicators or price movement on your favorite stocks and ETFs.

There are various settings making it ideal for income and growth-oriented investors.

For Example: Alert me via text if  Amazon (AMZN) exceeds $150

Stock Rover Cost and Value

Stock Rover offers a free version,  and 3 paid tiers. The paid tiers come with varying levels of functionality and pricing.

And when you sign-up for Stock Rover, they offer 3 types of billing for its paid tier:

• Monthly: Full Price
• Yearly Subscription: 16% percent savings
• 2-year subscription: 26% savings

I signed up for an essentials plan for $7.99 a month. If you’re like me, you’re probably a skeptical consumer and like to test the water before deciding to go all-in. I don’t do a ton of individual stock research, so the essentials plan was just enough for me.

While the yearly and 2-year plan are obviously better deals, saving a few bucks up front isn’t work it to me, if I don’t end up using the platform.

Free Plan

Stock Rover’s free plan is great for individuals just starting to learn how to become an investor and want to test the water before committing.

Stock Rover Free Plan includes:

• Add Free experience
• Screening on 10,000 stocks
• Stock Market news feature
• Broker integration
• Basic Portfolio analysis

However, the functionality is limited compared to its paid tiers and doesn’t include stock ratings, financial metrics, or ETF screening.

To unleash the full potential of Stock Rover, you probably need to upgrade to one of their premium tiers.

Essentials Plan

You begin to unlock the true potential of Stock Rover when you sign up for an Essential Plan.

Stock Rover Essentials Plan Includes:

• $7.99 Month
• Analyst Ratings on Thousands of Stocks via Morningstar
• 260 Financial Metrics (What does this mean?)
• Access to ETF Screener
• Five Years of Historical Financial Statements
• 10 fair value and margin of safety scores per month

Does not include:

• Stock Ratings
• ETF Screening
• Historical data screening
• Advanced portfolio analytics
• Dividend Income Projection
• Data Export

Stock Rover Premium Plan

Stock Rover Premium comes with all of the features of the free and essentials plans, plus:

• Price: $17.99 Month
• 350 Financial Metrics
• Access to fundamental metrics
• 10 years of historical data (company financials)
• Can export their data
• Priority customer service
• Rebalancing functionality
• Correlation analysis
• Dividend Income Projection
• 20 Fair Value and Margin of Safety scores per month

Does not include:

•  ETFs or Mutual Funds data
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Stock Rover Premium Plus

Stock Rover Premium Plus is the most popular and powerful plan available. 

There are no limits on key features like stock ratings, investor warnings, fair value and margin of safety ratings) while simultaneously unlocking every feature of the platform. 

The Premium Plus plan unlocks the full potential of what Stock Rover offers:

• Price: $27 Month
• 40,000 Mutual Funds
• 3,000 ETFs
• 650 Metrics
• Historical  Screening
• 180 ETF Screening Metrics
• Unlimited Fair Value and Margin of Safety scores per month

Good for: experienced growth, income, and value investors because it unlocks the full potential of Stock Rover.

Research Reports Only Plan

If you are only interested in Stock Rover’s research reports, you can buy a subscription for access only to their in depth research reports plan for $99.99 per year.

Best Alternatives

If Stock Rover doesn’t seem right for you, don’t fret. Below are my favorite alternatives to Stock Rover.

1. Motley Fool Stock Advisor

2. Morningstar

• Why it Stands Out: Morningstar is a leading provider of independent investment research. Their primary function is to compile and analyze financial data to provide investors with detailed reports and ratings on stocks, mutual funds, bonds, and other investment offerings. It also offers portfolio management tools, investment analysis software, and educational resources like its Morningstar investing classroom.
• Best For: Active Individual Investors
• Pros: Comprehensive Investment Research, Powerful Analytical Tools, Investor Education Resources
• Cons: Limited coverage of small-cap investments, Potential Information Overload,
• Price:$34.95/mo or $249 a year (41% off monthly cost)
• Current Promotions: 7 Day Free Trial
• Read our complete Morningstar Review

Check OUT Morningstar

3. Action Alerts Plus