A new premium financial service for retail investors has hit the market, launched by Investing.com, which even within its standard free version has been a great tool and resource for data and information on financial markets. Called InvestingPro, Investing.com explains that its product "empowers retail investors to more effectively compete with institutional investors."
And in the words of its CEO Omer Shvili: "By launching our premium service, Investing.com has taken its latest step to arm the retail investor with the indispensable resources to be as competitive as possible in the financial markets, serving to level the playing field in this sector. Whether it be free access through Investing.com or affordable access through InvestingPro, we hope our users continue to increasingly take advantage of these game-changing tools."
Investing.com introduces InvestingPro following its acquisition of Finbox earlier this year, a platform that provides accurate, up-to-date information on publicly traded companies around the world, including the largest repository of valuation models and risk metrics available online. As the predecessor of InvestingPro, Finbox partnered with S&P Market Intelligence to cover over 60,000 companies globally and will now utilize the Investing.com platform to empower retail investors across the globe with access to the same data relied upon by the world's biggest investment banks and money managers.
It offers a host of premium investor tools such "Fair Value Estimates" which use sophisticated financial modeling technology to put a stock’s fair value at investors’ fingertips, allowing them to find undervalued stocks to buy at low prices and sell high. "Health Checks" allow users to consider over 100 different factors to help understand any stock’s strengths and weaknesses; each stock is graded relative to its sector and economic region on valuation, growth, profitability, cash flow, and momentum, to find healthy companies and avoid value traps. Additionally, a "Peer Compare" feature allows investors to understand how a company’s financial performance stacks up against its peers and find companies that could be getting overlooked by the market.
The new InvestingPro service starts at $19.99 per month with a two-year plan so is cheaper than alternatives from the likes of Yahoo Finance, SeekingAlpha and Benzinga.
Investing.com already offers real-time data, quotes, charts, financial tools, breaking news, and analysis across 250 exchanges around the world. And in addition to the global stock markets, covers commodities, cryptocurrencies, world indices, bonds, funds, ETFs, and world currencies, with access to financial tools, covering over 200,000 financial instruments. Their new premium service is definitely an upgraded platform with some pretty nifty features and for the price, well worth trying out.