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Is Yahoo Finance the best stock research platform?

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10 months ago

22 June, 2024

Is Yahoo Finance the best stock research platform?

We recently prepared a list of 15 best sites to research stocks. Yahoo Finance is one of them.

When it comes to building a strong portfolio, retail investors do a lot of research to learn about the macroeconomic climate, read about the latest stock market trends, familiarize themselves with investment strategies, and watch the most notable stocks in smart investors and elite hedge funds. A sizable portion of the investing community consists of retail investors, and they have access to a wealth of information online that can help them navigate the volatile stock market. According to GallupAccording to the company’s research, 162 million Americans, or 62% of adults in the United States, own shares in public companies. This represents a 1% increase from 2023 and the highest percentage observed by Gallup since 2008. During the Great Recession, ownership declined and remained low for more than a decade, reaching lows of 52% in 2013 and 2016. Before 2008, most Gallup polls found that at least 60% of American adults owned stocks.

Today, the stock market is very different from what it was at the time of the millennium. The Internet has democratized information, resulting in greater involvement in the stock market, which accelerated during the pandemic. Wall Street welcomed retail investors for the first time as a result of the pandemic, although the global outbreak is mostly remembered for the deadly virus and lockdowns. On a survey, 15% of participants in the American stock market stated that they started investing in 2020. The study also shows that these new investors tend to be more optimistic about their prospects for success in the stock market. A to study revealed that 19.5% of all stock exchange shares traded in the first half of 2020 were held by individual investors. This represents about twice as many trades from ordinary investors as there were in 2010 and represents a 4.5% increase from 2019. This occurred during the meme stock craze of 2021, which saw prominent companies soar on the stock market as retail investors rallied together on social media and bought the shares in bulk.

Despite the lure of potential profits, new research into eToro indicates that many retail investors in the United States appear to be more afraid of losing money than of missing the next big opportunity. Rethinking risk, research by eToro, finds that while 31% of US retail investors are driven by the fear of missing out on the next big thing, 61% of investors indicate that their investment strategy is shaped by the fear of losing money through excessive risk. Their behaviors, however, reveal a different story, as many retail investors continue to invest in risky assets, with 70% holding individual stocks and 41% holding crypto assets in their portfolios. Additionally, this research shows that 62% of people who started investing in the markets now feel better about it.

The story continues

In the midst of this evolution, the demand for reliable and easily available information to help small investors in their decision-making is increasing. According to a survey carried out by BNY Mellon and the World Economic Forum When it comes to global retail investing, three-quarters of current retail investors said they would trade more actively if they had more opportunities to learn about investing, along with personalized, goal-oriented stock guidance. This is where reliable stock research sites would come in very handy.