TipRanks

know how good is the analyst who is posting his opinion online and holding them accountable for their recommendations. Our product is totally transparent where the user can see each of the analysts rating history and how well he performed historically. Our hope is that by making analyst performance data easily available and highly visible to the investing public, TipRanks will not just help save others from our investing mistakes, but will also bring back accountability, objectivity, and transparency to the business of stock picking and analyst reports. TipRanks is proudly unaffiliated with any investment firm.

recommendations of financial experts that I picked online. The unfortunate thing was, many of the recommendations I followed were bad. Plain and simple. I wondered if it was just me. But how do you figure out if an analyst knows his stuff? They don’t publish a weekly poll of the top 25 financial analysts, like they do for college sports.Out of curiosity, I decided to check out one of the analysts that I came across in Yahoo Finance (someone who had just rated a stock as a "strong buy"). I began calculating his performance by following all his historical recommendations, only to come to a conclusion that the analyst successful predictions were few and far between. After more research I noticed that every time the analyst posted an opinion, the stock's trading volume went up, meaning many people took his opinion very seriously. Clearly there was a problem.So, along with Gilad Gat, the CTO of TipRanks, I teamed up with Cornell University Finance Professor Roni Michaely. Together we set out to develop the very first mechanism that protects “individual investors” from underperforming financial experts.TipRanks developed its Financial Accountability Engine™ and sophisticated algorithms to scan and interpret relevant financial text from the entire Internet. Basically it does the research for you. You are no longer watching the game in the dark - you know the players' stats.You wake up in the morning and check out what’s new in the market today. You see what’s the word on the street. But who do you listen to?With TipRanks installed, you can see the measured performance of anyone who provides financial advice by simply clicking on his or her name. You’ll be able to search for any particular stock and see what top performing analysts say about it. You’ll also be able to get real time recommendations on a particular stock made by the top ranked analysts.TipRanks is now "virtually following” more than 5000 (and growing) individual analysts. Then, without any bias, it reports results based on performance, so you can know who to trust. What have we learned so far? Based on the tens of thousands of publicly posted stock recommendations tracked since Jan-2009, the majority of them under-perform the market. Installing TipRanks ensures you know who consistently outperformed the market. And that’s not all- there’s even more to come. TipRanks alpha version currently covers professional sell-side analysts. But soon, it will cover financial bloggers and technical analysts as well. Invest wisely.