A Few Thoughts About Tipranks

Investment Analysis Clubs Saul’s Investing Discussions
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In the past few weeks, I’ve seen a number of board posters mention Tipranks because an analyst/writer had a high or low rating on it. I checked it out and found it amusing that I was ranked because I write articles on the public side of Motley Fool.

FWIW, from what I can see they have me ranked #1,756 out of 6,420 bloggers and #3,749 out of 11,208 overall experts with an 83% success rate. Nothing that follows is a complaint with how I’m ranked. In fact, I have no idea if what I’m going to point out would give me a higher or lower ranking on the site.

My main concern with the site is that it is ranking me on the basis of 24 picks when I’ve written at least ten times that number of articles, many with more than one pick in the article! Furthermore, one of the 24 rankings was the opposite of what I actually wrote - It had me down for a “sell” on Corning when I actually wrote this: https://www.fool.com/investing/2018/02/14/why-its-a-big-mist… “Why It’s a Big Mistake to Sell Corning Shares Right Now”.

This just just seems like a sloppy, slapdash ranking system and I wouldn’t want people putting too much stock in such a ranking system. I saw someone upboard was asking if they should pay for the premium version of Tipranks too. It would seem to me that there is better money to be spent but, of course, feel free to disagree.

Again, for all I know, if the system ranked me more throughly/accurately, I could easily be ranked lower. Primarily, I just want to point out that it seems to be a fairly incomplete way of ranking writers/analysts.

Matt
MasterCard (MA), PayPal (PYPL), Skechers (SKX) and Square (SQ) Ticker Guide
See all my holdings at http://my.fool.com/profile/TMFCochrane/info.aspx

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Matt,

“Why It’s a Big Mistake to Sell Corning Shares Right Now”

I suspect if the word was Buy, it would have rated the article as a buy rather than a sell.

This leads me to suspect Bots, not people.

Probably just more sloppy trash to avoid.

Gene
All holdings and some statistics on my profile page
http://my.fool.com/profile/gdett2/info.aspx

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This just just seems like a sloppy, slapdash ranking system and I wouldn’t want people putting too much stock in such a ranking system… It would seem to me that there is better money to be spent but, of course, feel free to disagree.

I have never followed Tipranks at all, and didn’t even know it existed until someone recently linked to their ranking of Bert, but I think the value would be if, for instance, someone wrote a attack article on one of your stocks and you could look up the author and discovered he was ranked at #10,500 out of 11,200 and had very few successful calls. Or conversely, if you saw a write-up by Bert Hochfeld from Ticker Targets and saw he was ranked #5 out of 6,378 Bloggers on TipRanks, and #23 out of 11,140 overall experts. That certainly would indicate, to me at least, that Ticker Targets might be a worthwhile subscription, and Bert might be worth listening to. Not always right, but worth listening to.

Saul

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