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Is Seeking Alpha Reliable?

Is Seeking Alpha Reliable?

What Is Seeking Alpha

Founded in 2004 by David Jackson, Seeking Alpha is a crowdsourced investment research platform. The original concept for this platform was for it to be a place where knowledgeable investors could share their insights on investments and compare strategies. David was confident that by providing a place for savvy investors to share their ideas, they could all become better investors and grow a community.

David’s idea was a total success, and Seeking Alpha has grown to become one of the biggest investing research platforms worldwide, with over 20 million monthly visitors. It is highly compatible with most brokerages in the US, and you can complete orders without leaving the Seeking Alpha dashboard, thanks to its partnership with Plaid. Seeking Alpha has all the investing information you need and includes access to a proprietary screener that automatically highlights the best-ranked stocks called Quant.

How Many Users Does Seeking Alpha Have?

Seeking Alpha has over 20 million monthly users and more than 2.6MM newsletter subscribers. Since its inception in 2004, Seeking Alpha has featured more than 15,000 unique contributors. They also publish almost 300 articles every day. Still, you may wonder is Seeking Alpha reliable?

Everybody can access any articles on any stock, but keep in mind there is a monthly limit for free users. Seeking Alpha received the Best Of The Web award from Forbes. It was also named the Most Informative Website by Kiplinger’s Magazine.

Is It Safe To Link Seeking Alpha To Your Brokerage

Yes, linking Seeking Alpha with your favorite brokerage is completely safe. Seeking Alpha provides this service through its partnership with Plaid. This is one of the biggest and most secure data transfer networks in the world. It’s important to note that Seeking Alpha will never have access to your credentials.

Seeking Alpha is one of the very few investment research services that offer this service; by syncing your account, you can effectively export your stock picks directly into your broker, so you can make investments without ever leaving the Seeking Alpha Dashboard. You can sync up as many brokers as you want, making this an excellent platform to consolidate, track, and gain valuable insights on all your investments, all from one dashboard.

This feature is available for Premium and PRO subscribers, and it supports all the biggest brokerages in the US. For a complete overview of the features, check our in-depth Seeking Alpha features breakdown.

How Much Can You Make On Seeking Alpha?

Seeking Alpha’s recommendations have outperformed the S&P 500 index since its launch in 2004. Their Strong Buy picks have averaged 25% higher returns than the S&P 500. Thus, if you had invested $10,000 back in 2004, you’d have over $160,000 today.

Their Strong Buy picks are highly curated stocks chosen using Seeking Alpha’s proprietary analysis tool Quantamental. The quant algorithm chooses stocks using weighted data and metrics. These include growth, profitability, EPS Revisions, price momentum, etc.

Seeking Alpha

How Much Does It Cost To Join Seeking Alpha?

Seeking Alpha offers three plans, with fees ranging from $119-$2400/year to $29.99-$299.99/month. Seeking Alpha is also available for investors worldwide. Plus, the sign-up process is very quick. Here’s a breakdown of the plans:

  • Basic Plan: Free
  • Premium Plan: $119/year (or $29.99/month)
  • PRO Plan: $2,400/year (or $299.99/month)

If you use our link to sign up, you will get a 50% discount on the Premium plan. Or, a 30% discount on the PRO plan. So, instead of paying $239/year for the Premium plan or $3,600/year for the PRO plan. You will only pay $199/year for the Premium plan or $2,400/year for the PRO plan.

Additionally, with our link, you will unlock a 14-day free trial with unlimited access to all the investment analysis tools. If, after 14 days, you decide this platform is not for you, cancel the subscription and get your money back, no questions asked.

Is Seeking Alpha Worth Subscribing To?

Seeking Alpha is definitely worth subscribing to. However, you may wonder which subscription is best suited for you. If you’re unsure, here are our recommendations:

  • Always test out the most basic features of a stock research platform without committing to any subscription. We recommend the basic Seeking Alpha plan to do so.
  • After you try the basic version and are looking to balance more advanced research tools with an affordable annual fee, we recommend the Seeking Alpha Premium plan.
  • If you’re a fund manager or an expert trader looking for the best stock screener in the market, complete synchronization between brokerages, and access to financial statements, you should pick the Seeking Alpha PRO plan

In general, when it comes to these platforms, we recommend starting with the basic plan and upgrading as necessary. Keep in mind that Seeking Alpha offers a 14-day trial, so you should try that out before committing to any subscription.

Trustpilot Reviews

Seeking Alpha has excellent reviews from its users, and it holds an average rating of 4.3 on Trustpilot. Here’s what some of those users have to say

  • “I’ve been on Seeking Alpha for a few years, and I find it a good resource. Naturally, the quality of posts varies but overall very good.” – Paul P.
  • “I have been using Seeking Alpha since it was only a "newsletter." It was useful then and now it is a TOP Drawer stock and fund review service with numerous authors, a solid rating service and great in-depth evaluation of stocks and funds.” – Barry A.
  • “I was having trouble with my three portfolios (actually used as watchlists) and was unable to delete individual securities or delete one or all portfolios. Tech support responded promptly, and with a couple of back and forth messages, they fixed everything.” – Michael K.
  • “I wrote a review a couple of weeks ago. Since then, I've had several interactions with SA's stellar customer support team. The service protocols were robust, and the responses were timely.” – Jarratt A.

If you are not entirely convinced that this particular service is for you and would like to read more, we recommend checking our Seeking Alpha vs. Motley Fool in-depth comparison.

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