In a previous post, I mentioned The Motley Fool as the main website that I use to get tips about what stocks I should buy or keep on my watchlist. While this is still my go-to-website, another website that I use to get ideas is Investor Place.
Investor Place is relatively similar to The Motley Fool because both sites have articles about certain stocks to buy in certain industries. Also, both sites do solid research and have reputable information to back up their claims. I would say one way they are slightly different is that Investor Place typically has more stock recommendations, whereas The Motley Fool articles tend to do a deeper dive on a smaller number of stocks.
I think that using Investor Place and The Motley Fool in tandem is a good strategy; personally, I like reading all of their articles to see which stocks they have in common, as if both of them are recommending it there must be a reason it seems like a good buy. However, it is also useful to check both sites because sometimes they have differing opinions on certain picks, with one being bullish and one being more bearish; this contrast is useful because you can see the advantages/disadvantages people see in investing in a specific stock.
As I mentioned in my Motley Fool post, these types of websites will never be perfect in the stocks they recommend. It is your job as an investor to pick what stocks you will ultimately invest in; however, sites like Investor Place do a great job of doing background research on companies and giving stock ideas that investors can investigate more deeply.
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