In this article, we discuss the 5 best websites to research stocks. If you want to see more websites that offer stock analysis and assist in research, check out the 10 Best Websites To Research Stocks.
5. Barron’s
Founded in 1921, Barron’s is an American weekly magazine published by Dow Jones & Company, covering financial news, in-depth stock analysis, and the movements of global markets. Barron’s website provides a Financial Advisor Directory, the Barron’s 400 List, Buy Issues, and Business Editorials. Barron’s Lists & Rankings offer a range of stocks from notable CEOs, influential businesspeople in the U.S., top market advisors, and the best-performing hedge funds.
On August 22, Barron’s reported that a large Canadian pension fund, the Public Sector Pension Investment Board, reduced its positions in Apple Inc. (NASDAQ:AAPL), Tesla, Inc. (NASDAQ:TSLA), and Microsoft Corporation (NASDAQ:MSFT), while adding to its Walmart Inc. (NYSE:WMT) stake in the second quarter of 2022. On August 18, Morgan Stanley analyst Simeon Gutman raised the price target on Walmart Inc. (NYSE:WMT) to $150 from $145 and reiterated an ‘Overweight’ rating on the shares. The analyst expects Walmart Inc. (NYSE:WMT) to stabilize from the latest margin compression in the second half of the company’s FY23, with a solid opportunity in FY24 as top-line momentum prevails. He sees a strong chance to balance longer-term investments with short-term returns despite near-term challenges in a tough inventory and mix backdrop.
According to Insider Monkey’s Q2 data, 67 hedge funds were long Walmart Inc. (NYSE:WMT) at the end of the quarter, compared to 60 funds in the prior quarter. Rajiv Jain’s GQG Partners is the largest stakeholder of the company, with 9.82 million shares worth $1.19 billion.
4. Reddit
Reddit is an internet platform that is often frequented by retail investors to discuss their latest trades, trending stocks, portfolio gains and losses, and the macroeconomic environment. Reddit’s most popular investing forum is WallStreetBets, a community of 12.5 million Redditors sharing their portfolio compositions and personal trade ideas. Other important subreddits for stock research include r/investing, r/stocks, r/biotech, and r/pennystocks. Reddit is one of the top websites for stock research.
WallStreetBets has created multiple meme stocks over the years, as Redditors are a strong community and can easily drive up prices and influence the stock market. One of the most popular meme stocks of 2021 was GameStop Corp. (NYSE:GME), and Redditors are still actively purchasing the shares. GameStop Corp. (NYSE:GME) is a Texas-based provider of games and entertainment products. 21 hedge funds reported owning stakes in GameStop Corp. (NYSE:GME) as of June 30, down from 31 funds a quarter earlier. Mason Capital Management held one of the leading positions in the company, comprising 518,445 shares worth over $19 million.
Here is what Bronte Capital Amalthea Fund had to say about GameStop Corp. (NYSE:GME) in its Q1 2022 investor letter:
“Gamestop is a retailer of video games on DVD ROM trying hard (and maybe with some success) to reinvent itself as an alternative computer game distributor. The company raised enough money that bankruptcy is not an immediately likely outcome. (GME would have gone bankrupt except for the willingness of largely retail investors to provide them with much more cash.)
Both have bad financial results. Gamestop’s last financial results were terrible. And both stocks more than doubled very rapidly in March from market caps that were absurd to market caps that are more absurd. We are of course completely aware that they can double again and again after that. Their valuations are absurd but if you double the price they are not twice as absurd. They are just similarly disconnected from reality.
The reason we want to talk about them is that it is indicative of what is going on. Gamestop, the most meme of all stocks, announced a possible stock split and the stock, after market that day, traded up 17 percent. We could joke that every child knows that cutting a pizza into more slices yields more pizza. But in this market, not accepting that stock splits add value is a recipe for losing money.”
3. Seeking Alpha
Seeking Alpha is an Israel-based crowd-sourced company that provides financial commentary and analysis. Seeking Alpha is an equity research platform that publishes research and articles by industry experts on stocks, exchange traded funds, and investment strategies. The company was founded in 2004 by David Jackson, a former Wall Street analyst.
On August 22, Seeking Alpha reported that Zoom Video Communications, Inc. (NASDAQ:ZM) stock dropped about 8% as the company posted a third-quarter outlook that suggests its COVID-related exponential growth may be slowing down. Citi analyst Tyler Radke downgraded Zoom Video Communications, Inc. (NASDAQ:ZM) to ‘Sell’ from ‘Neutral’ with a $91 price target on August 16. He sees new hindrances in Zoom Video Communications, Inc. (NASDAQ:ZM) sustaining growth, including higher competition from Microsoft Teams and the macro backdrop impacting small to medium-sized firms. He made “significant cuts” to his estimates for Zoom Video Communications, Inc. (NASDAQ:ZM).
According to Insider Monkey’s data, 44 hedge funds were long Zoom Video Communications, Inc. (NASDAQ:ZM) at the end of Q2, compared to 43 funds in the prior quarter. ARK Investment Management is the largest stakeholder of the company, with 9.5 million shares worth over $1 billion.
Here is what Horos Asset Management had to say about Zoom Video Communications, Inc. (NASDAQ:ZM) in its Q1 2022 investor letter:
“What about the other asset class that has attracted the most attention from the investment community in recent times? Here we can distinguish three major groups. First, those companies without earnings that had convinced investors of their great future growth prospects, pushing up their valuations to irrational levels. A clear example of this, which we mentioned almost two years ago (see here) is Zoom Video Communications (“Zoom”), whose market cap exceeded that of companies such as IBM or came close to that of Cisco Systems. Well, from the time we wrote about this odd situation until today, Zoom shares have collapsed nearly 80%.
Therefore, if interest rates rise (or are expected to rise), company valuations are negatively impacted. This is especially true for those businesses that generate little cash today and the market expects them to generate a lot of cash in the future. Hence the severe losses in companies that promised a lot of cash generation in the future (such as Zoom).”
2. Yahoo! Finance
Yahoo! Finance is a news and entertainment website that is owned by the Yahoo! network. The website offers financial news, stock quotes, financial reports, stock and ETF screeners, personal finance tools, original financial content, and affiliate content from other websites. Yahoo! Finance also features cryptocurrency news and live market coverage. Yahoo! Finance is one of the top-rated websites to research stocks, and had 93.9 million monthly unique visitors in November 2020.
On August 23, Yahoo! Finance reported that ride-sharing company Lyft, Inc. (NASDAQ:LYFT) posted a market-beating second quarter amid the rebound in the travel sector, despite the U.S. struggling with high inflation. Guggenheim analyst Ali Faghri reiterated a ‘Buy’ rating on Lyft, Inc. (NASDAQ:LYFT) on August 15 but lowered the price target on the shares to $28 from $32 following the Q2 results. As per the analyst, important themes this quarter included improved wait times due to higher driver count, surge trips, and incentives dropping sequentially.
According to Insider Monkey’s Q2 data, 35 hedge funds were long Lyft, Inc. (NASDAQ:LYFT), compared to 47 funds in the preceding quarter. Alkeon Capital Management is a significant position holder in the company, with 5.5 million shares worth $74 million.
1. Insider Monkey
Insider Monkey is a finance website that provides insider trading and hedge fund data to investors. The website offers a premium newsletter that uses an exclusive strategy picking the best stock picks of top hedge funds and insiders. Insider Monkey presents the hottest market news, macroeconomic predictions, stock screeners, latest 13D and 13G filings, hedge fund analysis, dividend stocks, retirement options, and insider trading data. Insider Monkey ranks first on our list of the best websites to research stocks since it offers extensive stock picks from a select group of elite hedge funds, market movers and trending stocks throughout the week, dividend picks, analysts’ favorite stocks and downgraded securities, and more.
Insider Monkey’s article from August 22 reveals the 10 stocks that Warren Buffett is not giving up on despite their year-to-date losses. One of those stocks is Charter Communications, Inc. (NASDAQ:CHTR), a Connecticut-based broadband connectivity and cable operator company. In Q2, Warren Buffett owned 3.8 million shares of the company, worth about $1.8 billion. According to Insider Monkey’s data, 68 hedge funds were long Charter Communications, Inc. (NASDAQ:CHTR) at the end of June, down from 73 funds in the prior quarter. John Overdeck and David Siegel’s Two Sigma Advisors is a prominent stakeholder of the company, with 790,325 shares worth $370 million.
Here is what Andvari Associates had to say about Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2022 investor letter:
“Regarding Liberty Broadband, Andvari has owned it for the last 7+ years primarily because of its large stake in cable company Charter Communications (NASDAQ:CHTR). Given that Liberty also traded at a wide discount to its own net asset value, Andvari saw this as an even cheaper way to own Charter. We sold Liberty because we saw (too slowly) a violation of one of the core parts to our investment thesis: pricing power at Charter was not as great as we imagined. Charter has not been able to raise prices in line with inflation. To add insult to injury, the trade association for the U.S. cable industry started proudly advertising about how internet price increases have remained far behind the rate of inflation.”
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