Stock market gains rarely happen by accident. Stock trading requires careful analysis and research and there are plenty of tools out there to help, including Benzinga Pro and Webull. In fact, there are hundreds of different stock analysis applications, so choosing which one to use can be a little daunting.
That's where we come in. We've used countless stock analysis platforms over the years, and have poured that experience into creating a definitive list of the best stock analysis applications, broken down by which is right for each type of investor.
1. Best for Stock Market News: Benzinga Pro
Benzinga has some of the best stock analysis software you’ll find anywhere. The platform reliably relays the latest stock market news for the benefit of the traders subscribing to the service. When it comes to the stock market, news is crucial. News reports alert you to business or financial changes that lead to significant stock price movements.
Benzinga Pro provides audio squawk and other valuable tools for stock trading and investments. The platform offers a stock screener, stock research and an integrated stock chart room. It has a friendly user interface and is easy to navigate. Benzinga Pro is the best stock analysis software for stock market news, which is offered conveniently through an audio broadcast called Audio Squawk. Here’s how you can use Benzinga Pro.
Why We Picked It: Providing the latest stock news and updates in real-time, Benzinga Pro ensures that you are always informed of any market-moving events. With its real-time stock scanner, you can quickly identify potential opportunities and trends. Additionally, Benzinga Pro offers powerful stock charting tools, enabling you to analyze stock performance and trends with ease.
2. Best for Fundamental Data Analysis: Webull
Webull is a stock analysis software that focuses on free trades and technical analysis. If you are an investor who trades using technical analysis, this app is perfect for you. Webull also offers a community discussion forum where users can share stock ideas. Watchlist alerts are another useful Webull feature.
Why We Picked It: With Webull's advanced technical analysis tools, you can access to powerful features that help you make informed decisions when trading stocks. From chart pattern recognition to customizable indicators, Webull's technical analysis tools enable you to analyze market trends and identify potential trading opportunities.
3. Best for Identifying Investing Opportunities: Stock Market Guides
Stock Market Guides is not your traditional stock analysis app. It has a scanner that is unique. It doesn’t just scan for popular trading setups based on indicators or chart patterns. It also shows you how that trade setup has performed historically for the stock.
It also offers investment calculators, glossaries for investors, strategies for investors and alerts that you can use to make the most of your portfolio. Each service is $49 per month, and you can choose which combination you prefer that will suit your strategy:
- Pre-Market Stock Picks (avg. 10 per day)
- Market Hours Stock Picks (avg. 4 per day)
- Pre-Market Option Picks (avg. 10 per day)
- Market Hours Option Picks (avg. 2 per day)
Why We Picked It: Stock Market Guides offers a unique scanner that provides you with valuable insights into the historical performance of various trade setups. Whether you are a beginner or an experienced trader, Stock Market Guides also provides a wide range of educational tools to help enhance your trading skills.
4. Best for Visual Stock Insights: Simply Wall Street
Simply Wall St excels in stock analysis by offering deep insights into the long-term health and potential of companies. Trusted by over 6 million retail investors, here’s how it aids in detailed analysis:
- Visual Stock Insights: The comprehensive stock report transforms complex, long-term financial data into visually engaging analysis. By presenting the data visually, it helps investors quickly understand critical aspects of a company's performance over time, providing a clearer picture of its long-term stability and growth prospects.
- Comprehensive Valuation Analysis: Embedded across the platform, this feature evaluates stocks by diving into various proven valuation methods used by the best investors. This analysis helps you see beyond short-term fluctuations to assess the true value of a stock.
- Advanced Stock Screener: Leverage the unique snowflake filter to sift through stocks based on holistic, long-term metrics that align with your investment goals.
- Intelligent Stock Alerts: Get concise updates that not only reflect key changes but also contextualize how these changes might impact the long-term outlook of the stocks in your portfolio.
- Screener Alerts: Stay ahead of the curve with alerts that notify you when new stocks match your long-term investment criteria, enabling you to capitalize on opportunities as they arise.
Simply Wall St is dedicated to providing independent, factual analysis that helps investors view their potential and current investments with an objective lens, enhancing strategic decision-making and boosting long-term success.
Offering a free-forever plan, with other paid plans available, including Premium for $10 per month and Unlimited for $20 per month, Simply Wall St ensures that investors of all levels have the tools they need for thorough stock analysis.
Why We Picked It: Simply Wall St offers valuable insights and analysis on various investment opportunities, allowing you to learn and grow as an investor. Additionally, portfolio trackers provided by Simply Wall St help you efficiently manage the information you uncover.
5. Best for Investment Research: Seeking Alpha Premium
Seeking Alpha Premium is a great stock analysis platform with various tools and features for easier investment decisions. This stock analysis software offers users valuable investment research and data analysis functions.
Seeking Alpha uses a quant-based system to study and analyze multiple stocks. It provides expert analysis and a stock screener to easily filter stocks.
Why We Picked It: Seeking Alpha's stock screener feature lets users easily filter through a vast amount of data to find the best investment opportunities that align with their financial goals and risk tolerance. The user-friendly interface of Seeking Alpha makes navigating and utilizing these powerful tools simple and intuitive.
6. Best for Intraday Stock Traders: VectorVest
- Best For:Intraday Stock TradersVIEW PROS & CONS:securely through VectorVest's website
When you need help finding the best stocks information, it can be difficult to bring data together when you don’t know where to start. This is where VectorVest comes into the fold and provides you with automated stock analysis software that aims to help you both reduce risk and trade effectively.
Whether you are buying, selling, or holding, you can use this platform to complete a full fundamental or technical analysis of any asset. To add to the benefits you receive, you also get:
- Ranking and graphing for over 16,000 stocks
- Safety and timing ratings
- Pre-built systems
- Stock scans
- Data-driven features throughout the site
Built for intraday stock traders, anyone can use VectorVest to review mathematical and statistical models that will help you uncover new assets for your portfolio. Integrating with TradeStation, IBKR and QuestTrade, you can manage your entire portfolio in one place, on one screen.
Why We Picked It: With VectorVest, you get all the analysis tools you need to make intelligent investment decisions. This platform harnesses advanced metrics to provide insightful data that can help you invest wisely, whether you are considering buying, selling or holding stocks.
7. Best for Stock Research Tools: Morningstar
If you’re looking for the best stock analysis platform for stock investment research tools, you’ll find it in Morningstar. This reliable favorite offers stock screeners, in-depth analysis, market observations and research reports.
Why We Picked It: With a variety of tools and resources available, Morningstar allows you to analyze various aspects of different stocks, including performance history, financial health and market trends. One of the key features that Morningstar offers is in-depth research reports, which provide detailed information and analysis on individual stocks.
8. Best for Long-Term Investments: Motley Fool Rule Breakers
- Best For:Investing AdviceVIEW PROS & CONS:securely through The Motley Fool's website
Motley Fool Rule Breakers focuses more on stock investments with a high potential for significant growth. The company is highly reputable and has maintained excellent standards over the years. It is a quality platform for analyzing long-term investments.
Why We Picked It: Motley Fool Rule Breakers provides you with discounted rates to access their wealth of financial expertise and investment recommendations. By subscribing to their service, you can gain access to exclusive advice on potentially lucrative opportunities in the stock market. Additionally, Motley Fool Rule Breakers has a proven track record of identifying companies with high growth potential, outperforming the S&P 500 index consistently.
9. Best for Stock Analysis Options: E*TRADE
The E*TRADE platform helps users to analyze stocks by throwing light on stock exchange movements. It is great for day traders as it provides breaking news and possible trade options. E*TRADE has a straightforward interface and features interactive charts.
Why We Picked: E*TRADE stands out as a reputable platform due to its provision of great trade suggestions. This feature helps you navigate the complex world of trading with confidence, ensuring you maximize your potential returns. In addition, E*TRADE offers an easy-to-use interface that simplifies the trading process. The platform's clean layout and intuitive design allow you to easily manage your investments and track your portfolio's performance.
10. Best for Technical Analysis: MetaStock
MetaStock is a technical analysis software that aims to give traders the information they need to make informed decisions. There are two software versions, real-time analysis and end-of-day charts. The software features over 150 technical indicators and dozens of charts. It also has an expert advisor feature. Scanning, screening and back testing are further features offered on the platform. There is an investor community for support and ideas. On the downside, the user interface is old-fashioned and difficult to navigate.
Why We Picked It: MetaStock is a powerful platform that not only provides investors with a vibrant and engaging community for tips and ideas, but also offers a sophisticated Expert Advisor tool that helps users identify trends and signals in the market.
Frequently Asked Questions
What is the best way to analyze stocks?
The best way to analyze stocks is through news feeds and previous stock performance. Stock analysis apps provide an unemotional view of stock investment and analysis.
What is the best fundamental stock analysis software?
The best fundamental stock analysis software is Benzinga Pro. Financial and economic changes drive stock market prices and can have a significant impact. Benzinga Pro delivers the news as it happens, allowing traders to make quick trade decisions.
How do you pick stocks that will go up?
You can identify stocks that will go up through careful analysis and research with a stock analysis app. However, there is no guarantee the stocks you pick will definitely go up.
About Anna Yen
Anna Yen, CFA is an investment writer with over two decades of professional finance and writing experience in roles within JPMorgan and UBS derivatives, asset management, crypto, and Family Money Map. She specializes in writing about investment topics ranging from traditional asset classes and derivatives to alternatives like cryptocurrency and real estate. Her work has been published on sites like Quicken and the crypto exchange Bybit.