One of the biggest advancements in trading is the introduction of online brokerages like tastyworks. These trading platforms make investing accessible to everyone, because they offer accounts with minimal commissions and fees, and they often have low balance requirements – or no balance requirements at all.
The main drawback to such accounts is that you are responsible for your own research. Unlike traditional full-service brokerage firms, the online options tend not to have one-on-one advisors to make recommendations for your portfolio.
Fortunately, there are a variety of free stock reports available from high-quality sources. These tools give you the benefits of expert investment advice without the associated expense.
Financhill is a leading provider of advanced investment research. In addition to basic company and industry information, Financhill offers valuation tools, a proprietary stock scoring system, seasonal trend data, and more.
With the help of these research materials, you can design your own portfolio to maximize your returns while using an online brokerage to execute orders.
Free Stock Reports to Find Trading Ideas
Most investors build their portfolios according to a specific strategy. For example, it is common to focus on stocks that produce income or those that are expected to deliver long-term value. In some cases, a mixture of strategies makes sense to create current income as well as an increase in value.
Investors focused on a buy low/sell high strategy spend a lot of time examining valuation. That’s the amount the stock should be worth, whether or not that value is reflected in current share prices.
By looking at a company’s financial statements, it is possible to calculate metrics, such as:
- Price-to-Earnings Ratio (P/E)
- Price-to-Earnings Growth Ratio (PEG)
- Dividend Yield
- Price-to-Book Ratio (P/B)
A comparison of these metrics to historical levels shows whether stocks are priced appropriately, too high (overvalued) or too low (undervalued).
Undervalued stocks offer an opportunity for investors, as they can buy shares at a discounted price. When the market eventually catches up – which it usually does – investors already holding shares earn a tidy profit.
Of course, a lot of work goes into calculating valuation, and it takes time and dedication to identify undervalued stocks. More sophisticated investors use discounted cash flow forecasts to calculate valuations.
And if that sounds like hard work, it is. A typical analyst will often spend days or weeks building a spreadsheet model to accurately assess a company’s valuation. Or you could cut to the chase using Financhill.
Financhill’s valuation tool does the work for you by using an exclusive algorithm to determine whether specific shares are valued correctly.
Want to know if AAPL is 15% overvalued or 20% undervalued, you can do so in the blink of an eye now.
Want Stock Reports for Buy & Sell Ratings?
If you want stock reports for buy and sell ratings, Financhill has those tools available as well.
The service offers insight into individual companies by applying a proprietary stock score ratings engine to generate BUY and SELL ratings.
This tool takes a lot of the guesswork out of planning your trades, because most of the research is done for you.
Instead of spending hours creating your own stock predictions, you can get the same information from Financhill in minutes.
Stock scores are updated daily, so you can be sure that market changes and current events are included in the equation.
Get Stock Reports to Spot Seasonal Trends
A surprising number of industries have seasonal highs and lows. It stands to reason that companies dependent on weather conditions fall into this category – for example, ski resorts and amusement parks.
It is also well-known that retailers typically see their strongest sales around the December holidays.
Some industries aren’t quite as obvious, but they nonetheless experience highs and lows in a predictable annual cycle.
Movie theaters are on that list, along with companies involved in manufacturing and selling cars.
Investors who study the nuances of seasonal ups and downs and how the changes relate to share prices for companies not typically thought of as seasonal have discovered that it is possible to generate profits by carefully timing trades. They buy just before a seasonal boost, and sell as close to the height of the cycle as possible.
Financhill takes the guesswork out of pinpointing stocks that are on the verge of a seasonal upswing or downturn. The tool examines historical data to generate predictions about the future of share prices, giving you an opportunity to plan trades that are more likely to generate value.
Of course, these predictions are not guaranteed, and any stock purchase carries risk, but combining this data with other free stock reports gives you additional confidence in your trading decisions.
View Stock Reports to Get Economic Insights
Making smart trading decisions requires more than collecting data on individual companies. Even studying industry research isn’t enough.
Your success as an investor depends on understanding the big picture – how the market behaves, and how current market conditions fit into the historical record. Once you have insight into the market as a whole, you can make more profitable choices for your portfolio.
Financhill’s weekly market review newsletter highlights key economic indicators – the data analysts and economists use to evaluate the current health of the economy and the most likely scenarios for future movement, both in the short-term and the long-term.
With this information you can determine whether the market is overvalued and perhaps due for a correction – in other words, a drop – or whether signs point to sustained expansion in coming months.
Your increased awareness of the most likely market-related scenarios improves your ability to harness these changes to grow your wealth.
Free Stock Reports for Income Ideas
Creating a portfolio that is focused on shares that will grow in value isn’t every investor’s top priority. Many investors are interested in generating income, whether that means buying stocks with reliable on-going dividends or realizing short-term gains from selling call options.
Financhill’s covered call income screener is specifically designed to help you identify opportunities to profit from selling options for income against stocks you own. While this type of transaction is a bit more complex than standard trading, it is far easier to execute when you have the right tools and support.
Fortunately, that doesn’t mean you have to hire a full-service broker or investment advisor and pay the related commissions and fees. With the help of low-cost and no-cost tools from services like Financhill, you are well-positioned to generate income while minimizing your risk.
As with any investment, selling options does open you up to financial losses. You can mitigate that risk by using high-quality tools and research materials to plan your next move.
The bottom line is that the more information you have about potential trades, the greater the likelihood that you will create a portfolio that meets your financial goals. However, compiling and calculating financial data is a time consuming task that requires some level of expertise for optimal results.
If you have decided to leverage an online brokerage service, you don’t have a personal investment advisor to do the work for you.
Fortunately, Financhill offers a variety of free stock reports that give you a robust picture of the potential risks and rewards of shares you are considering for a trade. With these advanced tools, you can create a portfolio that meets your needs without the expense of costly full-service brokers.
The author has no position in any of the stocks mentioned. Financhill has a disclosure policy. This post may contain affiliate links or links from our sponsors.