Stock picking services are services designed to help investors choose the best stocks for their portfolio. They come in a variety of forms, each with its pros and cons. Some stock picking services are curated and quite expensive. Others are more automated and come in at a lower cost. Some are even free.
It is easy to find expensive, paid stock picking services. Some popular paid programs include Dow Theory, Jason Bond Picks, and Jim Cramer’s Action Alerts Plus from The Street. These services all employ human investment professionals who analyze and report to members which stocks they recommend. These services are a great way to learn about the stock market. But not everyone wants to pay for investment advice.
Free stock picking services are generally not as high quality as paid ones. (Sometimes you get what you pay for.) But they can still help you screen through the noisy markets to choose the right investments for your portfolio.