Zacks Research Wizard is a premium stock screening and analysis tool developed by Zacks Investment Research. It provides investors with access to Zacks' proprietary data, including earnings estimates, recommendation changes, and other fundamental metrics.
The platform allows users to screen stocks based on various criteria, such as earnings estimate revisions, price-to-earnings ratios, and industry rankings. Users can also create custom screens tailored to their specific investment strategies. Once a list of potential investments is generated, the tool provides detailed analysis reports on each stock.
Zacks Research Wizard offers several key features:
Zacks Research Wizard is designed for individual investors, financial advisors, and institutional investors who want to make informed investment decisions. The tool is particularly useful for those who follow a value investing strategy or focus on earnings-driven stocks.
Some users mistakenly believe that Zacks Research Wizard is only suitable for experienced investors. However, the platform is user-friendly and provides educational resources to help beginners understand the various features and how to use them effectively.
Suppose an investor wants to find stocks with strong earnings momentum. They can use Zacks Research Wizard to screen for stocks with a Zacks Rank #1 (Strong Buy) and positive earnings estimate revisions. The tool will generate a list of potential investments, along with detailed analysis reports on each stock. The investor can then review the reports and make informed decisions about which stocks to buy.