MarketGrader

The series of posts that I completed over the summer where I filtered all of the stocks found in my favorite screens against a number of 3rd party filters proved quite popular. Since then, I've been asked to do more posts like that.

In fact, several members have asked for my opinion on MarketGrader. Like many of you, I didn't know about this website until Barron's launched an index based on their research. In fact, MarketGrader has also launched several ETFs this year.

After signing up for a free 2-week trial over the weekend and after a couple of hours of looking around, I am impressed with what they've put together. For $180 per year, the provide fundamental rankings and buy/hold/sell opinions for every stock with some relatively impressive performance stats to indicate that their research can prove useful. They also provide some "ideal generators" which are essentially stock screens based on their fundamental filtering.

There are a lot of websites and tools that offer the same thing and some of them are free like StockScouter. The biggest complaint that I have about MarketGrader is that they don't provide a batch import function that allows you to submit hundreds of ticker symbols and then filter them easily by their system. That's a deal breaker for me. Any service like this that requires you to submit one ticker at a time is one that I'm not likely to use.

Perhaps I'll change my mind depending on the signals they provide. Like in previous filtering posts, I took all of the stocks from my favorite screens and filtered them through MarketGrader. Here's how they rank.....[READ]