Questrade Adds TipRanks – Comprehensive Research Tool to Arsenal Providing Canadians with Access to Valuable Information to Inform Investment Decisions
Powerful new tool allows investors and traders to view stock analysis and analyst performance for free on Questrade platform
TORONTO, June 21, 2021 (GLOBE NEWSWIRE) – In its mission to help Canadians on their journey to financial independence, Questrade (www.questrade.com) – Canada’s fastest growing and top ranked * online brokerage firm – is pleased to announce that it has added TipRanks to its market-leading platforms – a Comprehensive stock finder tool that allows retail investors and traders to view ratings, recommendations, and measured performance of anyone providing financial analysis and recommendations. Using this tool, Questrade clients will be able to assess individual stocks and make informed investment decisions.
TipRanks’ data-driven tool has been integrated into the Questrade and IQ Edge web platforms at no cost to Questrade users. TipRanks data will cover both US and Canadian companies, significantly expanding the research offering available to all Questrade clients.
The inside scoop: information, information and informed opinions
TipRanks assesses public equity recommendations made by financial analysts and financial bloggers, then ranks analysts based on their accuracy and performance. Questrade clients receive buy and / or sell recommendations and price targets from high performing analysts, to help them invest and trade with more confidence. This tool offers the most comprehensive data set of analysts, hedge fund managers, financial bloggers, and corporate insiders.
“Our mission is to empower and educate Canadians on their journey to financial independence by investing in informative and interactive tools like TipRanks,” said Edward Kholodenko, President and CEO of Questrade. “Through this partnership, we provide powerful research capabilities to investors and will also be the first brokerage in Canada to offer the TipRanks Smart Score, an award-winning rating system that helps identify high potential stocks, directly to our clients. Helping them invest with confidence and be successful is our ultimate goal.
Research and investment tools: how it works
TipRanks provides real-time analyst ratings, consensus, and price targets:
Offers an aggregated view of the ratings given by analysts to determine consensus, ranging from a strong buy to a strong sell. The analysts’ 12-month average price target is displayed, so clients can easily assess their investment opportunities.
Provides access to news on stocks of interest and sorts between bullish and bearish news, so clients know which side is in control of the narrative.
The TipRanks Smart Score rating system makes it easy for investors of all skill levels to find stocks with higher potential to outperform the markets. Questrade is the first and only online brokerage to offer this in Canada.
Business Idea Tools – Filters
Starting this summer, Questrade clients will be able to view a daily live feed of analyst ratings on any platform.
Displays stocks that have trended among analysts and sorts options by highest rated, lowest rated, or highest rated in the past three days, weeks, or months.
“We are delighted to partner with Questrade in their mission of empowering investors,” added Uri Gruenbaum, CEO of TipRanks. “Our ability to simplify research tools at the institutional level is a game-changer. We’re leveling the playing field by giving retail investors access to visualized and intuitive research tools that help them make better, data-driven decisions.
Questrade (www.questrade.com) is the fastest growing online brokerage firm in Canada. It is transforming the Canadian financial services industry by leveraging technology to reduce fees while providing a viable alternative to traditional financial investment options, enabling Canadians to Keep more of their money. As a leader and innovator in financial services, Questrade is a trusted ally who advocates for consumers, focused on improving value. With 21 years of challenging the status quo as Canada’s leading non-bank online brokerage, over $ 25 billion in assets under administration and over 200,000 accounts opened each year, Questrade and its companies provide financial products and services: securities and investments in foreign currencies.
Questrade has been named one of Canada’s Best Managed Companies for the tenth consecutive year, achieving Platinum status. For more information visit www.questrade.com or on Facebook and Twitter @Questrade. Questrade, Inc. is a registered securities dealer, member of the Investment Industry Regulatory Organization of Canada (IIROC) and member of the Canadian Investor Protection Fund (CIPF).
* MoneySens 2021
TipRanks is a leading fintech company founded in 2012 with the aim of bringing transparency to the markets. TipRanks has developed the world’s first financial accountability engine that tracks and measures events, including analyst ratings, social media activity, corporate records, and news analysis. TipRanks owns and operates www.TipRanks.com Serving over 2 million investors and providing proprietary data sets to top tier banks and online brokers.
TipRanks is backed by top VCs and industry leaders including former NY AG and Governor Eliot Spitzer, finance professor Roni Michaely, Poalim Capital Markets, PryTek and others. TipRanks has been named one of the 50 “Emerging Stars” of Fintech in the world by KPMG and H2 Ventures.
For more information, visuals or to arrange an interview or broadcast segment with Questrade President and CEO Edward Kholodenko or COO Stephen Graham contact Susan Willemsen of The Siren Group Inc . Phone. : 416-461-1567 or M: 416-402 -4880. E-mail: [email protected], www.thesirengroup.com and @thesirengroup. For more information on TipRanks, contact [email protected].