Professional investor here. Yes, Stockopedia is brilliant. Probably the best out there. Here’s why: When picking the best stocks, either for a swing trade or for a long-term investment, truth is that it’s going to consume a lot of time. Imagine spending 3-4 hours doing the research, only to find that this stock is rubbish. And then, you find a great stock, but then you realise you missed your chance after wasting 3-4 hours on the rubbish one. This is exactly when Stockopedia comes into play. The way they filter out the best-play stocks from the worst-play stocks is something that I’ve never seen before. By the way, I’ve got access to the Bloomberg Terminal and to be fair, even the Terminal doesn’t offer what this offers. I’ve only had them since December last year (2020) and god, it’s a life-changer. Only thing missing is more information on analyst ratings, which Bloomberg offers in detail -which is key to understand sentiment. But Stockopedia’s analysis really does work and as far as I’m concerned, all the stocks I found with them have nicely appreciated until now since December. Of course, we were in a strong bull market until now, so it also depends on how these stocks perform in a bear market.
Of course, you shouldn’t take their research as full on advice. The whole point is to see which stocks are best. So that when you’re expecting a technical breakout, the best stocks with the best fundamentals will breakout in the best way. On the other hand, I wouldn’t trust Simply Wall St. I tried a trial with them, I didn’t really like what I saw and the interface feels unprofessional. Same applies to Zacks.
At the end of the day, paying a high monthly cost for Stockopedia is definitely worth it. By picking the best stocks in a bull market, you’re bound to offset the monthly costs with the profits you make. I’d highly recommend them. Of course, I’m not giving you financial advice. Stockopedia isn’t financial advice as well, it’s simply there to stop you from wasting time on stocks which are considered poor/rubbish. That’s all there is. Then you take your analysis to the next step, such as technical analysis.