The founders of Dividend.com, which covers news of stocks providing dividends to investors, have launched a new website called StockNews.com.
“The premise of the site is to save investors and traders time and give them the easiest platform to get all their stock news needs, along with data and research,” said CEO Paul Rubillo in an email to Talking Biz News. “Influenced by sites such as IMDB.com and Baseball-Reference.com. Want to be that sort of archival suite for all things stock news.”
Theresa W. Carey of Barron’s writes, “They have brought their knowledge of income generation to the site with lists of high-yield dividend stocks and ETFs, found under the Best Stocks and Best ETFs headers at the top of the page. This list can be sorted by yield, market valuation, or the firm’s proprietary rating, which is called Performance Optimized Weighted Rating, or POWR.The system has four components that measure technical performance, long-term price stability, peer comparisons, and category performance. The POWR calculation is automated and based on data rather than an analyst’s opinion.
“The screener offers a different way to look at stocks. Rather than reviewing standard criteria such as price change or dividend yield, the StockNews screener lets you identify news trends, and so whether they have been bullish or bearish for the stocks. You can also screen based on the four POWR ratings. I found the results fascinating because the metrics are so different.
“The site’s news stream color-codes events such as upgrades or new price targets to indicate whether they are bullish, bearish, or neutral. StockNews’ analysts identify news events that might affect a stock’s price, and generate their own snippets that appear in the stream. Rubillo says the analysts scan a wide variety of news sites, including Twitter.
“At launch, the news feed will be free, says Rubillo. The ratings system will most likely be a premium feature, but not right away.”
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