> > WallStreetZen Review 2024: Features, Pros and Cons

WallStreetZen Review 2024: Features, Pros and Cons

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Being an active investor is a tricky pursuit because it can be difficult to filter through market data to find stocks with high growth potential. That’s where stock screener platforms like WallStreetZen come into the picture.

WallStreetZen is a market research website that provides investors with easy access to technical and fundamental analysis information about leading stocks. It also offers insight into analyst stock recommendations and provides a set of proprietary metrics to help you make more knowledgeable investing decisions.

In this WallStreetZen review, we’ll take a closer look at how the platform works, what it offers, and what makes it different from other similar websites. We’ll also discuss WallStreetZen’s pricing, features, pros, and cons so you can decide if it’s right for you. 

WallStreetZen

3.5

on WallStreetZen’s website

Quick Summary: WallStreetZen is a stock research and analysis website for part-time investors. WallStreetZen offers an array of tools from stock screeners to stock ideas, there is something for everyone.

Promotion: 14-day trial for $1 (*New accounts)

Pros:

  • Sleek and user-friendly platform
  • Easy to use stock screener tools with customizable filters
  • Provides ratings from more than 3,000 analysts
  • Detailed stock information pages
  • Information on insider buys for top stocks

Cons:

  • Doesn’t have a mobile app
  • Lacks customizable charting tools
  • Limited options for platform customization

What Is WallStreetZen?

WallStreetZen is a market research website that’s based primarily out of Hong Kong. It was founded by Nate Tsang, an entrepreneur, and avid investor, as a way to help others gain access to the data they need to make informed investing decisions.

Although the company is relatively small, it’s known for its user-friendly interface and proprietary stock metrics. WallStreetZen places a large emphasis on making it easy for investors to get access to important data, and it offers a number of unique features that are hard to find elsewhere.

WallStreetZen Homepage
Source: WallStreetZen

How Does WallStreetZen Work?

WallStreetZen is much like any other market research platform in that you need to make an account to get full access to the website’s features.

Making a WallStreetZen account is fairly straightforward. To make an account, you’ll do the following:

  • Go to the company’s website
  • Click the button to sign up
  • Provide your email address and create a password
  • Enter your credit card details to purchase a premium subscription

You can actually use some of WallStreetZen’s free features without entering your credit card details, but you will need to pay for a premium subscription for access to all the platform’s tools.

WallStreetZen Zen Score
Source: WallStreetZen

WallStreetZen Features

WallStreetZen provides investors with access to a treasure trove of data and tools to help them make more informed trading decisions. Here’s a look at some of the main features of the platform.

ServiceStock Screener, Stock Ideas, Stock Analysis Tools and more
PricingFree (Basic) and $150 per year paid annually (Premium)
PlansFree and Premium
Mobile AppNone
Promotions$14 day trial for $1 (**new users)
Best ForPrimarily designed for intermediate investors with a medium- to long-term time horizon
SupportEmail ([email protected]) and Chat
SupportEmail, Phone and Live Chat

Zen Score

The Zen Score is a proprietary metric from WallStreetZen that’s designed to distill a plethora of different fundamental metrics for a stock into a single number.

WallStreetZen doesn’t tell us exactly how this score is calculated. But the firm states that they run 385 due diligence checks on a company’s valuation, financials, forecast, performance, and dividend yield to produce each stock’s Zen Score. 

The idea here is that, the higher the Zen Score, the better the stock is expected to perform. However, it’s important to keep in mind that a Zen Score is just a prediction, so there’s no guarantee of future returns, regardless of what a stock’s score might be.

Top Analysts

With WallStreetZen, investors get access to market insight and opinions from leading financial analysts. The platform automatically tracks the historical recommendations from over 3,000 analysts based on their average return, win rate, and number of ratings.

WallStreetZen subscribers can look at each of these analysts’ recommendations to find stock ideas. Premium users get access to additional filtering tools, too, to make it easier for them to find analysts who are talking about stocks that are relevant to their portfolios.

Again, keep in mind that these analyst ratings are just ideas—not financial advice. They’re crafted to provide you with inspiration for your trades, but investors always need to do their own research before buying or selling any securities.

WallStreetZen Top Analysts
Source: WallStreetZen

Advanced Stock Screener & Screener Export

WallStreetZen currently offers two stock screeners: basic and advanced.

The firm’s basic stock screener lets you quickly filter through stocks to find securities that meet your personalized criteria. For example, you can filter stocks based on their Zen Score, market cap, price, performance, and P/E ratio, among other metrics.

WallStreetZen’s advanced stock screener gives you access to even more tools, like the ability to compare stocks side-by-side. Premium subscribers can even export screener data to a spreadsheet.

It’s worth noting that, while WallStreetZen’s stock screener is sleek and user-friendly, it’s arguably not as advanced as what you can get at some other platforms. 

In particular, it lacks some potentially beneficial features, like the ability to save custom filters or to set up price alerts from within the stock screener. In fact, there’s currently no way to set up customizable alerts on the platform, which may be a drawback for some investors.

Stock Ideas

Stock Ideas is a feature from WallStreetZen that’s designed to provide investors with some inspiration for their market research. 

WallStreetZen curates lists of stocks that meet certain pre-set criteria (e.g., undervalued growth and small-cap growth) and then presents these lists to users as “Stock Ideas.” Note that some of these ideas are only available to premium subscribers.

Remember that these Stock Ideas are curated automatically based on fundamental and technical metrics and that they’re designed as inspiration rather than as recommendations to buy or sell a security. As a result, you’ll still want to do further research on any stock in one of these lists so that you know what you’re purchasing before you make a trade.

WallStreetZen Stock Ideas
Source: WallStreetZen

Due Diligence Checks

When you navigate to a stock’s overview page on WallStreetZen, you’ll be greeted with a plethora of data. Among all of this data is a set of due diligence checks, which are statements about a company’s valuation, financials, forecast, performance, and dividends that are worth taking note of.

These due diligence checks are designed to alert investors to important information that may not be apparent if you’re just looking at a stock’s price chart or financials. This could include information about forecasted earnings or about the company itself that could affect its performance over time.

The idea is that these due diligence checks can help you identify things that you might want to investigate further before you place a trade so that you can make your research process as efficient as possible.

Stock Forecast Score

WallStreetZen offers something called a “Forecast Score” for stocks in its screeners. This Forecast Score is calculated using proprietary equations that are designed to express information about analyst estimates into a single number.

These Forecast Scores are calculated off of nine due diligence checks using analyst recommendations. If a stock passes a due diligence check, it receives a score of 1, and if it fails, it receives a 0. So if a stock fails three due diligence checks, it will have a Forecast Score of 66 (6/9 x 100). 

Ideally, the higher a stock’s Forecast Score, the better analysts think it will perform. This doesn’t guarantee any future returns, but it’s designed to quickly show how well analysts think a given stock will perform in the coming months.

WallStreetZen Score
Source: WallStreetZe

Analyst Performance Pages

WallStreetZen tracks the recommendations of more than 3,000 analysts. Each of these analysts has a dedicated page that shows you information about their past performance.

Account holders with WallStreetZen can look at these analyst pages to get an idea of a given analyst’s performance. This can help provide investors with background information about an analyst to help them decide how much weight to give to that analyst’s recommendations.

Bullish Insider Buys

Bullish Insider Buys are lists of stocks that have recently seen major activity from executives or board members for that company. 

For example, if an executive at a company buys their own stock, WallStreetZen’s Bullish Insider Buys publishes this information (when available) and tries to offer insight into why an insider bought the stock in the first place. 

Of course, stocks with insider buys aren’t always good investments and you still need to do your own research before placing trades. But this feature is designed to help investors get an understanding of what’s happening with a stock using information that’s not otherwise expressed in technical or fundamental metrics.

Why Price Moved

One of the most frustrating aspects of being an investor is seeing a stock’s price change without any idea why the price move happened in the first place.

WallStreetZen’s Why Price Moved feature makes it easier for investors to understand these market events. This feature provides one-sentence explanations of why a stock may have seen a price change (for example, due to recent earnings calls) so that you can have a better understanding of what’s happening in the market.

WallStreetZen Why Price Moved
Source: WallStreetZen

WallStreetZen Pricing

WallStreetZen currently offers two pricing plans: Basic and Premium.

The company’s free basic plan comes with the following features:

  • Basic stock screener
  • Zen Score on 10 stocks
  • Due Diligence Checks on 10 stocks
  • Strong Buy” picks on one stock
  • Analyst performance pages from 10 analysts
  • Bullish Insider Buys on one stock
  • Why Price Moved information on three stocks

Meanwhile, WallStreetZen Premium includes unlimited access to all of the platform’s features and tools. Some of the main benefits of a Premium plan include unlimited access to:

  • Zen Scores
  • Due Diligence Checks
  • Strong Buy” picks
  • Analyst performance pages
  • Bullish Insider Buys
  • Why Price Moved information

WallStreetZen Premium also includes the firm’s basic and advanced stock screeners and lets you filter forecasts by top performing analysts. You can also export screener data with a premium plan and browse the platform ad-free.

A WallStreetZen Premium plan currently costs $19 a month ($228 annually) when paid monthly or $150 a year ($12.50) when paid annually.


WallStreetZen Promotions

As of the time of writing, WallStreetZen offers a 14-day trial of its premium plan for just $1. The firm also offers a 30-day money-back guarantee.

WallStreetZen can discontinue or change its promotions at any time, so always double-check what you’ll be charged before making an account.


WallStreetZen Customer Support

If you ever have a problem with your WallStreetZen account, you can find answers to most common questions in the company’s detailed help guides.

Alternatively, you can get support directly from the company’s customer service team by sending them an email. However, WallStreetZen doesn’t currently have phone-based support for account holders.


WallStreetZen Premium Pros

  • Sleek and user-friendly platform
  • Easy to use stock screener tools with customizable filters
  • Competitive pricing structure compared to other similar platforms
  • Proprietary Zen Score helps you identify potential investments
  • Opportunity to open a free account with access to limited features
  • Provides ratings from more than 3,000 analysts
  • Detailed stock information pages that highlight important metrics and information
  • Gives you information on insider buys for top stocks
  • Offers one-sentence explanations as to why a stock’s price changed

WallSteetZen Premium Cons

  • Stock screener tool is limited when compared to other leading research platforms
  • No ability to create customizable price alerts for stocks
  • Doesn’t have a mobile app
  • Customer support is email-based only
  • Lacks customizable charting tools and other technical analysis features
  • Limited options for platform customization beyond basic watchlists

WallSteetZen Alternatives

Not convinced that WallStreetZen is right for you? Here are some WallStreetZen alternatives to check out instead.

The Motley Fool

The Motley Fool is a well-known stock picking site that offers analyst-recommended investment picks and market research tools for its account holders.

Like WallStreetZen, The Motley Fool operates as a subscription-based service. The company offers multiple subscriptions for investors, though its Stock Advisor plan, which costs $199 a year, is arguably its most popular. With Stock Advisor, investors get access to two new stock picks each month, a list of best buy and starter stocks, and many other educational resources.

Since The Motley Fool makes specific stock pick recommendations, it’s better for people who want more concrete guidance for their investments. That being said, the platform doesn’t offer much by way of stock scanners and other market research tools, so it’s not as ideal as WallStreetZen for more hands-on investors. Read our full Motley Fool review to learn more.

Seeking Alpha

Seeking Alpha is another popular market research tool and online investing community. The platform is known for its quality stock screener and proprietary stock ranking metrics as well as for its huge collection of opinion articles from independent analysts.

When compared to WallStreetZen, Seeking Alpha’s main advantage is that it offers more features and tools, like podcasts, online chat rooms, charts, and personalized stock alerts. Seeking Alpha also has both a mobile and desktop app while WallStreetZen doesn’t.

But Seeking Alpha is more expensive than WallStreetZen (a premium account currently costs $239 when you pay annually), and its interface isn’t as sleek. Nevertheless, if you’re primarily interested in analyst opinion articles and want more customizability in your stock screener, Seeking Alpha is worth considering. Read our full Seeking Alpha review to learn more.

WallStreetZenMotley FoolSeeking Alpha
Our Rating

3.5

3.7

4.0

PricingFree (Basic) and $150 per year paid annually (Premium)$199/year to $1,999/year$0/month (Basic), $19.99/month (Premium) and $199.99/month (PRO)
Stock PickingYesYesYes
Promotion14 day trial for $1 (*new users)Get 60% Off 1st Year (Motley Fool Stock Advisor)Free to join (Basic) and 7 day free trial & 50% off (Premium)
HighlightProprietary Zen Score helps you identify potential investmentsPremium stock-picking newslettersOne of the largest investing communities in the world
Best ForLong term part-time investorsNew investors looking for stock ideasIntermediate to advanced investors

Who Is WallSteetZen For?

WallStreetZen is an interesting platform because it caters primarily to intermediate investors rather than to first-time or experienced traders. What makes WallStreetZen unique is that it offers a user-friendly platform that’s packed full of easily digestible information from the company’s research team and more than 3,000 analysts. 

Of course, WallStreetZen doesn’t tell you what stocks to buy, but it gives you a lot of information so you can make your own investing decisions. However, WallStreetZen lacks some of the features that more experienced traders might expect, like the ability to create customizable stock screens and customizable alerts as well as access to advanced charting tools.

As a result, WallStreetZen is primarily designed for intermediate investors with a medium- to long-term time horizon who want convenient access to a lot of data without the need to pay high subscription charges.


WallSteetZen FAQ

Here are our answers to some of your most commonly asked questions about WallSteetZen.

Is WallStreetZen Free?

There is a free version of WallStreetZen that provides users with limited access to the firm’s features. But if you want to use WallStreetZen’s most powerful tools, you need a paid premium account.

Is WallStreetZen Worth the Price?

WallStreetZen’s subscription packages are competitively priced when compared to other similar stock screening services. The platform is sleek and user-friendly, and it provides a lot of data for investors. That being said, whether or not WallStreetZen is worth the price depends on your unique needs and investing style. 

Does WallStreetZen Offer a Free Trial?

WallStreetZen currently offers a 14-day trial to new premium account holders for just $1. As of the time of writing, the company also has a 30-day money-back guarantee for premium subscribers.

Does WallStreetZen Have an App?

There is currently no WallStreetZen mobile app. However, WallStreetZen has a mobile version of its website that is optimized for smartphones and other portable devices.

In A Nutshell

  • Built-in due diligence check feature
  • Advanced stock screener
  • Zen Score feature
  • 14-day trial for $1 (*new accounts)
WallStreetZen

on WallStreetZen’s website


Final Thoughts

WallStreetZen is an interesting addition to a rapidly growing field of market research platforms. What sets WallStreetZen apart from the pack is its clean and easy-to-navigate interface, its great selection of proprietary metrics, and its relatively affordable price point.

However, there are some downsides to WallStreetZen, especially for more advanced traders. In particular, the platform doesn’t offer customizable charts or price alerts, so it may not be powerful enough for experienced investors.

But at the end of the day, there’s a lot to appreciate about WallStreetZen, especially for cost-conscious intermediate investors with medium- to long-term time horizons.

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