Stock Unlock Review: Stock Research And Analysis

What Is Stock Unlock?

Stock Unlock was founded by Daniel Pronk and Jake Ruth. With backing from Y Combinator (W22), they launched in late 2021 and landed 300-400 subscribers within the first couple of weeks. Today, the company serves investors in over 100 countries. 

What Does It Offer?

Stock Unlock offers a range of tools that allow you to track your existing holdings, research new stock ideas, and screen the market to identify new opportunities. Here's a closer look at its key features: 

Portfolio Tracker

With Stock Unlock's Portfolio Tracker allows you to see all of your investment holdings in one place. It does this by connecting supported brokerages (over 30 worldwide), but you can also add positions manually. You can track your performance, dividends, and asset allocation across multiple accounts, and even forecast future income based on expected dividend payments. 

Stock Scores

Stock Unlock assigns its own Stock Scores to help you analyze companies across different variables, such as Management, Growth, Profitability, Financial Health, Dividends, and more. These scores make it easy to assess a company's financials at a glance (see image below). 

Stock Research

Stock Unlock's Stock Research tool allows you to get in-depth data, including up to 35 years of financial data for thousands of stocks. You can view historical financials, dividend history, price targets, market news, price targets, analyst recommendations, etc. Please note that to access the full 35 years of financial data, you must be on the unlimited plan at $20/month. The free plan provides limited financial data, and the Pro plan ($7.50/month) gives you 10 years of financial data. 

Stock Screeners

Stock Unlock has a built-in stock screener that lets you filter over 100,000 stocks. It's more than enough to satisfy most investors. Below is a list of just some of the more than 40 filters you can use to narrow your search: 

• Exchange
• Market Cap
• Home Country
• Industry
• Financial Health Score
• Analyst Score
• Earnings
• Revenue
• EPS Growth
• Dividend Growth 
• Revenue Growth
• Dividend Yield
• Payout Ratio
• P/E
• Current Ratio
• Debt to EBITDA
• Gross Margin
• Operating Margin
• Net Margin
• EBITDA Margin 

Being able to access so many filters in a single tool means that you don't have to spend time juggling multiple platforms for research. 

Access to Global Brokerages

As mentioned, Stock Unlock can connect over 30 global brokerages to its platform, via a read-only integration that's powered by a third-party provider. Do you have accounts with multiple brokerages? No problem. Sync them with Stock Unlock and view them all in one place. If you have a brokerage that isn't supported, you can always manually add them to the Stock Unlock platform. 

DCF Calculator

If you want to understand the fair value of stocks, you can do that with Stock Unlock's Discounted Cash Flow (DCF) calculator. The tool uses historical financials and various projection assumptions to estimate a stock's fair value. 

Are There Any Fees?

Stock Unlock offers a "Freemium" version that allows anyone to explore the platform and get access to limited research capability. But it is very limited. For example, you can add only 2 manual portfolios (no automated brokerage or portfolio syncing). Additionally, you can conduct only 3 stock screener searches per month. 

The Pro Plan is $7.50/month and allows you to sync 1 brokerage with unlimited portfolios. It also unlocks access to more financial data, including unlimited screener searches and stock scores. 

The Unlimited plan, priced at $20/month, is designed for more sophisticated investors who want access to a large volume of financial data, extensive research capabilities, and the ability to sync multiple brokerages and accounts (there are no limits on this plan). 

How Does Stock Unlock Compare?

Stock Unlock offers a similar service to Seeking Alpha and The Motley Fool, both of which are well-known names in the investment research space. Stock Unlock performs well with fundamental research and portfolio consolidation (with the Unlimited plan). It offers a clean, modern user interface that makes it easy to quickly analyze companies. 

Seeking Alpha offers extensive news, analyst insights, and earnings forecasts, and is built for more experienced investors. The Motley Fool places a heavy focus on stock recommendations and generating long-term stock ideas. While both platforms go deeper than Stock Unlock, they are also more expensive, with annual plans that exceed $2,000.  

How Do I Open An Account?

You can get started quickly with Stock Unlock by visiting its website and selecting the blue "Get Started for Free" button in the top right corner of the homepage. I was able to enter my email and a password, and I received instant access to the free features without having to enter my credit card information.

As soon as you're registered, you can begin searching stock tickers, add stocks to watchlists, or manually add a portfolio to start tracking. If you want access to more features, you can choose one of the paid plans from the pricing page. 

Is It Safe And Secure?

As with any financial tool, security is of the utmost priority. As should be expected, Stock Unlock offers industry-standard encryption. I should also note that it's not a brokerage, so you're not placing any trades through Stock Unlock, which reduces risk. And when you sync your brokerage accounts and portfolios, it's done through a third-party provider that doesn't have access to your login credentials or any trading authority. 

How Do I Contact Stock Unlock?

Unfortunately, Stock Unlock does not offer live agent support via telephone or online chat, but it's unlikely you would need that dedicated support very often, if ever. You can access its FAQ page for general questions, and there is a Help and Support Centre on its site. If you can't find the answer you're looking for, you can reach out via email at [email protected]. You can also subscribe to Stock Unlock's free newsletter, which provides weekly updates.  

Is It Worth It?

If you're looking for a single platform to perform stock research, scoring, and portfolio tracking without having to spend several hundred or thousands of dollars per year, then Stock Unlock is worth considering. Their platform is visually appealing and easy to navigate, and puts the various tools right at your disposal. You don't have to dig through long, cluttered menus to find what you need.

Before signing up for a paid plan, I would check to make sure my brokerage(s) is supported for automatic syncing. If you're looking for more in-depth market news and analyst insights, than you may be better off paying a premium for an alternative like Seeking Alpha, which will have more to offer in that regard. 

Check out Stock Unlock here >>