There are a lot of options out there when trying to pick stocks to invest in. One way the Plynk app makes the process easier is with expert ratings.
People often look at how investments perform over time. If a stock consistently goes up, chances are that trend will continue, right?
Maybe, but past success may not indicate future success.
Imagine a company that made DVDs. Its stock might’ve risen for years, but then fallen as the technology became obsolete. Or, consider a new company recently on the market. It may or may not be a smart investment, but there’s nothing historical to go on.
Expert ratings are a forward-thinking tool that can help you feel more confident when choosing your investments.
The expert ratings provided for stocks come from the Equity Summary Score by StarMine from Refinitiv. A stock is graded on a scale of 0.1 to 10 by professional independent financial researchers. Each rating is based on how well the analysts believe that stock will perform, and factors in their previous accuracy in predicting performance.
The Plynk app shows you expert ratings for funds too. Using data from Morningstar, they are given 1 to 5 stars based on their performance compared to other similar funds.
Open the Plynk app and explore expert ratings for stocks and funds you may be interested in.