Financial research tools - public markets

Based on the most helpful WSO content, here are some tools and resources for researching and monitoring public companies, along with their pros, cons, and costs:

Tools for Financial Research on Public Markets

1. BamSEC

   • Pros:
     • Excellent for browsing SEC filings.
     • Efficient for sourcing specific figures or quotes in Excel.
     • The "Similar Tables" feature is highly useful (e.g., selecting a table that lists out ARR and seeing similar tables across different filings).
   • Cons:
     • Can be expensive at $70 per month.
   • Cost: $70 per month.

2. Google Finance

   • Pros:
     • Great for quick charting.
     • Clean summary of the markets on the homepage.
     • Shows trending companies and news articles.
   • Cons:
     • Limited resources beyond quick snapshots.
   • Cost: Free.

3. Yahoo Finance

   • Pros:
     • Comprehensive tools on the front end.
     • Decent API for financial headlines and stock prices, which can be integrated into Excel macros.
   • Cons:
     • None mentioned specifically.
   • Cost: Free.

4. YCharts

   • Pros:
     • Offers a summary of financial ratios and comparable companies.
   • Cons:
     • Not specified.
   • Cost: Varies (not specified).

5. Finviz

   • Pros:
     • Good for charting tools and financial summaries.
   • Cons:
     • Not specified.
   • Cost: Free and premium versions available.

6. Seeking Alpha

   • Pros:
     • Provides detailed financial analysis and summaries.
   • Cons:
     • Not specified.
   • Cost: Free and premium versions available.

Additional Tips

• Company Websites: Always a key resource for the latest reports and filings.
• SEC Website: Essential for accessing official company filings and reports.

Summary

For those looking for near-free options, Google Finance and Yahoo Finance are excellent starting points. They offer quick snapshots and comprehensive tools without any cost. BamSEC is highly recommended for its efficiency and features, but it comes with a higher price tag. If cost is a major concern, exploring free alternatives like Gheko, which mimics BamSEC, could be beneficial, though its longevity is uncertain.

For more detailed financial analysis and summaries, Finviz and Seeking Alpha offer both free and premium versions, providing flexibility based on your budget.

Feel free to explore these tools and see which ones best fit your needs and budget constraints.

Sources: How To Follow The Markets Like A Pro – For Free!, How To Follow The Markets Like A Pro – For Free!, https://www.wallstreetoasis.com/forum/consulting/any-advice-on-tools-for-researching-info-collection-distilling-reports-managing?customgpt=1, Tools of the Trade: Pro Tips, https://www.wallstreetoasis.com/forum/investment-banking/comprehensive-list-of-resources-tools-on-the-job?customgpt=1