Seeking Alpha Premium vs Alpha Picks
Seeking Alpha Premium or Alpha Picks—which will better suit your investing style? Read on to find out.
Seeking Alpha's subscription plans, Premium and Alpha Picks, both provide stock recommendations for you to invest in. But which plan is better for you?
Read to find out the cost, returns, and the pros and cons of each. Also, see which plan will better suit your investing style.
Who Each is Best For
- Seeking Alpha Premium ($299/yr) is best for those who like to do their own research. If you're someone who likes to dive deep into the analytics, this plan is for you. Find Out More
- Alpha Picks ($499/yr) is best for those who don't have time to do their own research. You just want to be told which stocks to invest in. Find Out More
Key Differences
- Seeking Alpha Premium gives you advanced stock analysis tools to help you make your own investment decisions.
- Alpha Picks recommends two stocks per month based on their ratings, no research or analysis is needed.
What is Seeking Alpha Premium?
Seeking Alpha is an online investment research platform that offers crowdsourced investment analysis. Seeking Alpha Premium is one of Seeking Alpha's three subscription plans.
The Premium plan ($299/yr) provides unlimited access to Seeking Alpha's content, ratings, screeners, and financial data. It also offers access to investing groups where you get to interact with other investors.
Seeking Alpha has a community of 7,000 contributors publishing thousands of investment ideas each month. It also has a team of editors who curate its crowdsourced content to ensure that every article is high quality.
It is now the largest investing community with over 20 million monthly users.[1]
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Seeking Alpha is founded and owned by David Jackson. He was once an investment researcher who worked at Morgan Stanley. He graduated from Oxford University and the London School of Economics. Jackson started Seeking Alpha in 2004.
What is Alpha Picks?
Alpha Picks ($499/yr) is Seeking Alpha's newest subscription plan. It was launched in July 2022.
This plan provides you with two top stocks each month. These are stocks selected through Seeking Alpha's Quant rating system.
The Premium plan provides thousands of recommended stocks that all have a Quant rating. It can be time-consuming to filter these stocks and just pick one or two. Alpha Picks saves you time by doing the research for you.
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Alpha Picks is not included in Seeking Alpha Premium. They are separate subscriptions. If you're already subscribed to the Premium plan, you'll have to pay separately for the Alpha Picks subscription in order to get the 2 stock picks per month.
Direct Comparison
Now, let's compare the two subscription plans to see which one will best fit your investment style.
Rate of Returns
The Premium plan's top stocks have a higher rate of return compared to Alpha Picks' stock recommendations.
- The Premium plan's top-rated stocks have a total cumulative return of 1,734% compared to the S&P 500's 369% over a 12-year period (2009-2021).
- Alpha Picks' stock choices have a total return of 470% compared to the S&P 500's 290% over a 12-year period (2010-2022).
That means, if you had invested in Seeking Alpha Premium's top-rated stocks instead of in the S&P 500, your investment would have grown by over 4 times.
While if you had invested in Alpha Picks' stocks instead of in the S&P 500, your investment would have only grown by 1.6 times.
Subscription Cost
Alpha Picks is more expensive than Seeking Alpha Premium.
Alpha Picks costs $499/yr[3] while the Premium plan costs $299/yr.[4] Seeking Alpha frequently offers promotions and discounts to new members. Keep an eye out for these promotions and check if you qualify for any discounts.
Key Features
Seeking Alpha Premium provides a lot more features than Alpha Picks.
With Seeking Alpha Premium, you have unlimited access to its market news and investment analysis. You also have research and analysis tools like:
- Stock Ratings
You get 3 types of stock ratings: Seeking Alpha authors' ratings, Wall Street analysts' ratings, and Quant ratings. Each rating tells you a quick assessment of each stock.
- Stock Recommendations
This comes as a list of top-rated stocks. These stocks have the highest rating from Seeking Alpha authors, Wall Street analysts, and Seeking Alpha's objective quant model. You can choose from this list if you're not sure about which stocks to buy.
- Stocks Screeners
You get prebuilt screeners as well as screeners that can be customized. This allows you to filter stocks according to various categories. This helps you find stocks that match your investing strategy.
- Factor Grades
Factor grades tell you the status of each stock according to its profitability, value, growth, momentum, and earnings per share revisions.
- Financial Data
The Premium plan provides you charts, graphs, and trends that help you understand each stock's historical performance. You get access to each stock's 10-year financial data.
- Personalized Content
You get a quick view of market news and analysis that may affect your portfolio.
The only feature offered by Alpha Picks is 2 recommended stocks each month. These are chosen from Seeking Alpha's analysis of thousands of stocks on the platform.
Essentially, these 2 picks are stocks that have the most likelihood of price appreciation. Here's how Seeking Alpha makes their recommendations:[6]
- Alpha Picks selects stocks that have a Strong Buy Quant rating for at least 75 days.
- The stock must have a market cap of above $500 million and a price of over $10.
- With the previous two criteria in mind, Alpha Picks then chooses the highest-rated stock for that month which hasn't been recommended within the past year.
Bottom Line
Seeking Alpha Premium and Alpha Picks are both excellent subscription plans. Knowing the right plan is a matter of knowing what kind of investor you are.
The Premium plan is best if you like doing your own research. At $299/yr, you'll have all the tools you need to make your own investment decisions.
However, if you like investing purely based on stock recommendations, Alpha Picks may be a better fit. At $499/yr, Alpha Picks will do all the heavy research work for you.
Luckily, since both plans' stock recommendations have a higher rate of return than the S&P 500, whichever plan you choose will be worth the money.
References
- ^ Seeking Alpha. About Us, Retrieved 11/11/2023
- ^ Seeking Alpha. Quant Ratings and Factor Grades FAQ, Retrieved 11/12/2023
- ^ Seeking Alpha. Alpha Picks, Retrieved 2/13/2024
- ^ Seeking Alpha. Subscription Plan Pricing, Retrieved 09/16/2024
- ^ Seeking Alpha. Investing Groups, Retrieved 11/12/2023
- ^ Seeking Alpha. About Alpha Picks: Portfolio Process, Retrieved 11/12/2023
Stock Advisor - $99/year for New Members
*$99 is an introductory price for new members only. 50% discount based on current list price of Stock Advisor of $199/year. Membership will renew annually at the then-current list price.
$20 Investment Bonus
- Open an Acorns account (new users only)
- Set up the Recurring Investments feature
- Have your first investment be made successfully via the Recurring Investments feature
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