Analysts on Wall Street are well known for rating far more stocks positively than negatively. They are also known for not providing an edge to those who follow their ratings. In fact, the stocks with the best average analyst ratings don’t actually outperform those with the worst. Given this, the stocks with the best and worst ratings can be a jumping point for finding stocks that may do worse than or better than expected.
The major sentiment surveys are sending mixed signals, but, on average, are showing a slightly high level of optimism. The AAII Bull ratio, at 74%, is showing the most optimism, but only because there is a low number of bearish investors and not because there is an overwhelming majority of bullish investors. The Investors Intelligence and NAAIM surveys are both showing sentiment levels right in the middle of their range.
Today, we added a major new feature to the individual stock page. While it’s still in beta, the new fundamental charts feature allows you to easily view the history of a stock’s financials going back ten years. We think this is very useful in forming an opinion on a stock based on data.
Not all of the indicators are available to everyone. Many of them are premium members only for now. While we would like to make all the indicators available to everyone, it isn’t economically possible for us to do so right now.
Because this is still in beta, it’s not complete yet. We’ll be adding more functionality and improving over the next couple weeks and months. Just a few of the additions we have planned are an expanded data set, embeddable charts, and an option to export the data.
We hope you like this new feature, and if you have any feedback, please let us know.