TipRanks Alternative: Ranking 7 Alternatives to TipRanks For Stock Analysis

TipRanks is a great way to get a sense of which analysts have been right most of the time, and it has a really cool system of scoring stocks. But there’s a reason you’re looking for a TipRanks alternative, and we’ve handpicked the 7 top contenders on the market right now.

Whether you want something more affordable or a system that incorporates market timing, you’ll find the best alternatives to TipRanks below. Start putting better data behind your trading decisions and watch your returns soar!

Overview of the Top Alternatives to TipRanks

What Does TipRanks Actually Do?

It’s worth getting a better understanding of how TipRanks works before deciding if you really do need something else or not. There’s a chance it could be exactly what you’re looking for in a stock analysis solution.

Understanding Smart Scores

TipRanks keeps an eye on over 96,000 financial experts, distilling all their activity alongside other factors to create what is known as the Smart Score for a stock. It takes into account things such as:

• Wall Street analyst ratings
• Corporate insider transactions
• Hedge fund activity
• Financial blogger opinions
• News sentiment
• Technical indicators
• Investor sentiment
• Fundamental analysis

Stocks are rated on a scale of 0-10 based on all of this. You can quickly get a sense of how the market as a whole feels about a stock just by taking a look at its Smart Score, instead of filtering through individual reports or doing your own technical analysis.

Pricing and Plans

There are a few different tiers to choose from. You’ll get basic analyst ratings and limited Smart Score data on the free tier. Or, you can upgrade to Premium for $359/year for access to full scores and price targets. The Ultimate plan is $600/year and gets you AI risk analysis with performance tracking across multiple timeframes.

Why You May Want an Alternative to TipRanks

We’ve seen the Trustpilot reviews. Overall, the rating of 4.2/5 isn’t bad. But it’s the negative reviews that you really need to pay attention to. The common theme is complaints about customer service. The platform’s auto-renewal charges can be really frustrating to deal with.

But our biggest issue with TipRanks – and why many people end up looking for a TipRanks alternative in the first place – is that you don’t get told what to DO with the information you’re presented. A stock can be rated an 8/10 on the Smart Score scale. What does that mean, though?

There are tools that don’t just hand you raw data and leave you to figure out the important stuff on your own (when to buy it, when to sell it, etc.). For example, the VectorVest stock forecasting software gives you a clear buy, sell, or hold recommendation for any given stock at any given time. Let’s dive into ALL the top alternatives to TipRanks below.

What is the Best TipRanks Alternative?

We know that investing is not one-size-fits-all. Your ideal TipRanks alternative depends on what your goals are and the strategy you implement. Whether you’re planning for retirement or swing trading, though, there’s something on this list for you.

1. VectorVest

$49.99/mo (Market Launchpad) | Best for: Clear Buy, Sell, or Hold recommendations

VectorVest is the best alternative to TipRanks overall. The proprietary stock rating system has outperformed the S&P 500 index by 10x over the past 20 years and counting, empowering investors to win more trades with less time and stress all along the way.

The VST system is composed of three ratings: relative value (RV), relative safety (RS), and relative timing (RT). Each sits on a scale of 0.00-2.00 with 1.00 being the average. Earn higher returns by picking safe, undervalued stocks rising in price. It’s that easy.

The overall VST rating for a stock is accompanied by a clear buy, sell, or hold recommendation. VectorVest is also one of the only tools in its class that shows you historical performance for every call. That level of transparency just doesn’t exist in this market.

You can get started with Market Launchpad ($49.99/month) for 9,500+ US stocks with a 10-minute daily process or upgrade to the Premium desktop plan ($149/month) to unlock all 16,000 stocks with real-time data powered by the Nasdaq last sale feed.

There are so many other sophisticated features you can unlock, such as ProfitLockerPro that sets dynamic trading stops for all your positions – capturing profits and cutting losses on your behalf. You can integrate with a handful of brokerages. There are options tools. There are tons of pre-curated stock screeners surfacing opportunities on autopilot.

It’s the best alternative to TipRanks for the vast majority of investors, and you can see for yourself what the hype is all about with a free stock analysis.

2. Zacks

$249/yr (Premium) | Best for: Earnings-driven stock ranking

Zacks is one of the longest-standing stock analysis platforms online. The entire system is built around earnings estimate revisions, as Zacks has the belief that these updates drive price changes.

The Zacks Rank puts stocks on a simple scale of 1-5 based on how analysts are revising their earnings forecasts. #1 is a Strong Buy and suggests analysts are aggressively increasing their estimates. #5 is a Strong Sell and means analysts have strong bearish stances.

The model recalculates every night with a distribution curve, so only the top 5% of stocks can have a #1 rank at any given time. Zacks says those #1 ranks have returned 25% annualized over the past 35+ years.

We have a more detailed review of TipRanks vs Zacks if you want to see how they stack up side-by-side.

3. Motley Fool

$199/yr | Best for: Long-term stock picks with a buy-and-hold philosophy

The Motley Fool Stock Advisor delivers 2 carefully curated stock recommendations every single month, under the assumption that you’ll hold them for the next five years (or longer). The other assumption is you have a portfolio of at least $25,000.

It’s one of the simplest alternatives to TipRanks in the sense that you can literally just buy the stocks you get sent without doing any additional research. Motley Fool says its recommendations have achieved +993% cumulative returns since 2002!

There’s a higher tier called Epic ($499/year) if you want more recommendations every month, including a handful of “Rule Breakers” picks that are selected through a very different philosophy from the Stock Advisor picks. Learn more about TipRanks vs Motley Fool in our blog.

4. TradingView

$14.95/mo (Essential) | Best for: Technical charting with a massive community

TradingView may not necessarily be a stock advisory platform, but it’s worth considering if you are interested in handling all your own technical analysis with sophisticated charting capabilities.

You can build custom indicators using Pine Script, or you can pull pre-curated scripts from the community if you don’t have any coding experience but want to try more advanced strategies.

You’ll likely outgrow the free plan fairly quickly. Paid plans range from $14.95/mo (Essential) to $59.95/mo (Ultimate). These bring you more simultaneous chart layouts along with extra slots for indicators.

5. Seeking Alpha

$299/yr (Premium) | Best for: Crowdsourced stock analysis and quantitative ratings

Seeking Alpha is interesting. There are two sides to it – the informational side and the Quant Ratings side. On one hand, you can review stock reports from analysts to get a sense of how the market feels. But these can be biased and prone to human error.

That’s why the real TipRanks alternative from Seeking Alpha is its Quant Rating system. This scores stocks using over 100 metrics. Factor Grades get assigned based on five different dimensions.

According to Seeking Alpha, “Strong Buy” stocks have outperformed the S&P 500 index by 7x since 2010. The Alpha Picks (a subset of the top Quant-rated stocks) has done even better – 370% since it was launched.

It’s a relatively affordable alternative to TipRanks, too, starting at just under $300 per year. You can take a closer look at TipRanks vs Seeking Alpha side by side in our blog if you’d like.

6. TrendSpider

$89/mo (Standard) | Best for: Automated technical analysis and backtesting

The whole point of TrendSpider is automating manual technical analysis and charting. It’s a more complicated system than pretty much anything else on this list, so you won’t find it to be a good alternative to TipRanks unless you have some experience with charting.

But if you do want to conduct manual technical analysis, it’s hard to beat TrendSpider. It automatically detects trendlines. You can overlay multiple timeframes on one chart. There’s a code-free backtesting tool, and the AI assistant can help you build your own indicators from scratch.

You can choose a plan based on how up-to-date you want the information to be – 2-hour delays on the Standard or 1-minute candles on the Premium.

7. Morningstar

$249/yr (Morningstar Investor) | Best for: Fundamental value analysis and fund research

Maybe you’re looking for a TipRanks alternative that brings you more fundamental insights – look no further than Morningstar. The platform is home to nearly 650 analysts that conduct institutional-grade analysis on around 1,500 stocks every day.

Every stock is given a Fair Value estimate based on discounted cash flow models. There are Economic Moat ratings to clue you into where a company has a sustainable competitive advantage. The star rating system then scores stocks 1-5 based on how far the current price is from its fair value rating.

You can check out our detailed TipRanks vs Morningstar comparison in our blog if you’d like to see a better picture of how the two compare.

Bottom Line on the Best TipRanks Alternative

There you have it, all the best alternatives to TipRanks right now. Each of these platforms was hand-selected for a reason, so you really can’t go wrong with any of these. It just comes down to which aligns with your trading strategy and goals.

But the one tool that any investor could benefit from is VectorVest. It gives you a clear buy, sell, or hold recommendation for any given stock at any given time. That’s valuable whether you’re preparing for retirement or trying to swing trade. Learn more about the stock advisory!

Frequently asked questions

Is there a free version of TipRanks?

Yes, but whether it’s actually useful or not is a separate question. The features you really need are gated behind the Premium plan that comes in at $359/year.

Is paying for TipRanks worth it?

Depends on how much stock you put in analyst insights. They do tend to move the market, but at the end of the day, you’d probably be better off paying for a platform that gives you more concrete steps for any given stock at any given time – such as VectorVest.

What is better than TipRanks?

Every TipRanks alternative above is worth considering, but VectorVest is the #1 choice if you just want something to tell you what to buy, when to buy it, and when to sell it.

Related Resources

Seeking Alpha vs Morningstar | TrendSpider vs TradingView