The Best Stock-picking Tools for 2021
Anyone with even the slightest knowledge of financial investments must know stocks and their potential for securing a stable financial future. There are numerous topics of interest surrounding stocks and this list is expected to keep growing even further. There are countless articles and researchers that talk about the best stocks to purchase—types of stocks and all that.
But how many articles have you read so far that heighten their focus exclusively on stock-picking tools? With that in mind, we have crafted this article to give you all the knowledge and insights you need on investing in stocks. Read on to understand all the details of the best stock picking tool for beginner investors.
To ensure that all the insights conveyed are accurate and reliable, we have capitalized on extensive and in-depth research based on comparison coupled with knowledge from some of the leading professionals in the field. We accentuate our focus on recommendations from Eric Fergusson, one of the top experts in stocks analysis in the United States today
Eric Fergusson's Mindful Trader
As a beginner investor you have probably done a few internet searches and maybe even consulted with friends and family in the field of stock investment. We have all been there! We can all agree that insights given by friends, colleagues, and family are usually biased in nature. They will tell you what they know works best for them but not exactly what works best for you.
Eric Fergusson is one of the very few individuals who managed to score a perfect record on the math segment of the SAT. He proceeded to graduate from Stanford University, having majored in Economics. These qualifications make Eric the ideal guy to acquire insight into stock picking tools. But what makes him the best guy is that he doesn’t know you personally, and his passion is seeing other people excel in a field in which he has invested all his life.
So when Eric Fergusson says that Mind Trader is the most effective stock-picking tool to use in 2021, everyone listens, including the bigwigs of Wall Street.
Why Mind Trader is the Best Stock-Picking Tool
The most effective stock-picking tool is the kind that enables investors to optimize their long-term earnings and median annual return. Achieving this feat is not a simple task. That is why Eric Fergusson’s Mind Trader capitalizes on over two decades of statistics on historical market performance to provide meaningful insights to investors.
Implementing a statistical approach to stock-picking is undoubtedly the most effective investment strategy guaranteed to yield meaningful outcomes. This approach will allow you to save on time while at the same time highlighting the most profitable swing trades. The platform will then send you a trade alert prompting you to jump in on the very same trade being made by Fergusson.
Fergusson typically invests in every stock that he delivers an alert for. If this does not make you want to access this platform right now, we don’t know what will. The good thing about the signals is that they are issued in an email or text message, complete with the sections where Eric Fergusson has selected to establish his stop loss and profit exit, the amount he paid and the exact stock he purchased.
Other Stock Picking Options
It’s always good to have alternatives from which you can pick. We acknowledge this necessity, and in the proceeding section, we deliver additional stock-picking tools that you can choose from.
Motley Fool Rule Breakers
Motley Fool Rule Breakers provides an ideal platform if you’re looking for growth stocks. This stock-picking tool is fixated on the next big stock and, if used appropriately, can be a resource for viable long-term investments. If your goal is to invest on short-term basis you should probably avoid this platform.
This platform delivers meaningful insights into stocks and financial news. It essentially serves as a one-stop-shop for your investing needs. A critical advantage of this tool is that it is very affordable. Once you successfully register with this platform you are given unlimited access to forecasts on earnings and dividends of individual stock options, a decade worth of financial statements and stock comparison tools.