Fundamentals fans! We've just rolled out a great new tool for you. You can check out MarketGrader under the Quotes + Research menu under Research Reports.
To my mind, you can't ask for a much better way to accelerate your fundamentals analysis than MarketGrader...and none other than Barron's agrees.
This week's cover story launches the Barron's 400, a new stock index which, as reporter Michael Santoli describes it, "collects the most fundamentally sound and attractively priced stocks from all corners of the market, using a proven and disciplined stock-selection process." That stock-selection process is based squarely on MarketGrader research -- a pretty solid endorsement, in my book. (Check out the Barron's cover story if you're a subscriber; if not, this Barron's online video gives a nice intro to the index.)
MarketGrader's independent, rigorous analysis analyzes 5,500 U.S.-listed companies looking for pricing imperfections in the market relative to each company's objective financial picture, as expressed in public filings data. (Methodology junkies can check out their approach in more detail here.)
MarketGrader's super-user-friendly interface splits into four main sections: Upgrades, Downgrades, and Most Popular stock reports among TradeKing clients, for both today and last week. Click through to a given stock report, and you'll see that stocks' grades in terms of growth, value, profitability and cash flow -- plus a downloadable PDF report with the full details.
We know it can be slow going to crunch the fundamentals numbers yourself, and many research reports can be suspect for their less-than-independent i-bank parents issuing them. MarketGrader offers a clean, compact, very understandable way to jump-start your fundamentals research with some worthy ideas. Give it a shot - and please tell us what you think!
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