Cool Site: Stockpickr.com
A good friend of mine who’s really into investing recommended Stockpickr.com to me as a means to find obscure stocks and to see what stocks are being recommended in the great world of “groupthink.” I’m not sure whether I’ll use this site in finding new investment opportunities, but I’m sure to spend countless hours clicking through the site to see why people like/dislike certain companies. Here’s their own description of their site:
StockPickr is a free stock recommendation site that allows you to receive automated stock recommendations from thousands of portfolios, both professional and amateur, with a similar make-up to yours. Just enter your favorite stocks and within seconds you will receive new recommendations based on our internal algorithm matching your portfolio with the thousands of hedge funds, mutual funds and other peer portfolios (DIY portfolios) that have a similar composition. It also allows you to network, research and discover new great ideas in the financial market arena.
Stockpickr Website [Stockpickr.com]
Tags: favorite stocks, free stock, hedge funds, mutual funds, stock recommendation, stock recommendations