*** NOW UPDATED AS OF December 31, 2023***
Stock newsletters make getting stock market analysis and stock recommendations easy.
There are, however, so many stock newsletters to choose from that many investors become overwhelmed having so many choices. Some stock newsletters are free, some are relatively cheap at less than a few hundred dollars per year, and some are priced in the thousands of dollars per year.
With so many choices, how do you know which ones you can trust and which ones are worth your money and are the best stock newsletters? How do you know which newsletters CONSISTENTLY provide the best stock recommendations?
My job here at WallStreetSurvivor is to purchase these newsletters, track their performance, and then share my reviews of these services. When I do this, I stick to the facts and share my data. Just so you know, over the last 30 years I have personally subscribed to 100+ investment and stock newsletters, various software screeners, and tested a variety of charting tools. I am currently subscribed to about 20 stock and investment newsletters. I will share my experiences with the most popular and affordable services.
As 2023 has now come to a close, we are ready to declare our “Best Stock Newsletter of 2023″ Award. Keep reading and you will see who the winner is.
To test all of these newsletters, I set up virtual trading accounts here at WallStreetSurvivor for each of these stock newsletters and my team and I have diligently bought and sold all the recommended stocks in these virtual trading accounts.
A lot of services advertise how they have done over the last 10, 20 or 30 years. And some advertise how they have done over the last year. So which is more important? Keep in mind you already missed out on all of the returns from all of these stock picks. And who knows if it is the same analyst team now as it was back then. And if you focus on how the picks have done for the last year, you might be misled as the sample size is smaller and the time period is shorting. So it is important to review both: how the most recent stock picks AND their historical picks from these stock newsletters are performing.
Here is a little peek at my most current analysis of the performance of the most popular and best stock newsletters based on their 2023 stock recommnendations:
Our Best-of-the-Best Awards for 2023
Ranking of Top Stock Newsletters Based on 2023 Picks, Dec. 31, 2023
We are paid subscribers to dozens of stock and option newsletters. We actively track every recommendation from all of these services, calculate performance, and share our results of the top performing stock newsletters for under $500 below. The main metric to look for is EXCESS RETURN–that means they are beating the market!
|Summary: 2 picks/month offering long-term potential; Lifetime average return of 590% vs S&P500’s 143% since 2002; Retail Price: $199/yr.
Read our Stock Advisor Review.
|Current Promotion: Save 60% with Code SALE60
|Summary: Only sold as part of Epic Bundle (includes Everlasting Stocks, Stock Advisor, Rule Breakers); 2 picks/month; Tom Gardner’s service with the same team that has beaten the market by 3x; Retail Price: $299/yr.
Read our Epic Bundle Review.
|Epic Bundle ($1000+ Value), : Now Just $198
|Summary: 2 picks/month based on Seeking Alpha’s Quant Rating; Launched in July, 2022; 2022 picks are beating the market by 47.6%; Lifetime average return of 37% vs S&P500’s 15% since 2022; Retail Price: $199/yr.
Read our Alpha Picks Review.
Try it for $99/yr
|Summary: 10-25 stock picks per year based on Zacks’ Quant Rating; Retail Price: $495/yr. Read our Zacks Review.
|Current Promotion:$1, then $495/yr
|Summary: 2 picks/month focusing on disruptive technology and business models; Lifetime average return of 266% vs S&P500’s 118% since 2005; Retail Price: $299/yr. Read our Rule Breakers Review.
|Current Promotion: Try it for $99/yr
|Real Estate Investors
|Cramer’s Action Alerts Plus
|Zacks Top 10
|Top Under $10
|Home Run Investor
|Dogs of the Dow
|IBD Top 50 Leaderboard
|Top Ranking Stock Newsletters based on their 2023 stock picks’ performance as compared to S&P500. S&P500’s return is based on average return of SP from date each stock pick is released. NOTE: To get these results you must buy equal dollar amounts of each pick on the date the stock pick is released. Investor Business Daily Top 50 based on performance of FFTY ETF.
In this chart, I am looking at the performance of the most popular stock newsletters for their calendar year 2023 stock picks to show you who had the most success.
As you can see from that chart, no service is perfect, yet some have some very encouraging performance.
The winner is the Motley Fool’s Stock Advisor with an average return of 19.9% of their 24 picks, 20 of which were profitable and they beat the S&P500 by 6.7%. This means that if you had $1,000 to invest in the stock market each month, that $12,000 would be worth $14,388 at December 31, 2023 which is $804 more than had you just bought the S&P500 index. So YES, it is worth it. Keep in mind that they release 2 picks a month so this average beat of 6.7% is essentially an annualized beat of 13.4%.
Some important notes to understand my analysis:
- I am calculating Average Returns, returns of the S&P500 for the same time periods, and EXCESS RETURNS to see who is really beating the S&P500. When we look at the Excess Return versus the SP500, we start seeing some negative performers and we see the cream starts rising to the top.
- The S&P500 varies because it is based on when the picks came out and how long the positions were held. Some services just make their picks on January 1st and expect you to hold them for the full year so that S&P return is the annual S&P return. Others release picks each month so you would expect the S&P for those services to be about 1/2 of what the S&P did for the year (if the SP rose evenly month after month).
- To get these returns, you need to buy equal dollar amounts of EVERY stock pick and buy the stock as soon as the recommendation comes out.
The Motley Fool Stock Advisor Newsletter, the Motley Fool’s Rule Breakers, and the Motley Fool’s Everlasting Stocks are the consistent performers for the last few years and have absolutely mind boggling 5 year and all time results–easily beating the S&P500. These 3 services also have a high percentage of winning picks which provides for less volatility overall.
Seeking Alpha’s Alpha Picks is a new service launched in July, 2022 so it seems to be off to a good start and it just might be too early to tell. Their 2022 picks are phenomenal with a 47.6% Excess Return and 81% accuracy and their 2023 picks are inching ahead of the market so far.
Jim Cramer’s Action Alerts Plus did OK and almost beat the market; the IBD Top 50 Leaderboard, based on the IBD Leaderbord “FFTY” ETF made money but did not come close to beating the market.
So, given the amount of data I have to share with you, I will tell show you what my analysis reveals and you can decide which stock newsletter you works for you.
These newsletters give us lots of advice and many stock picks each month. But which ones consistently outperformed the market and are worth the money?
Notice I keep saying “consistently outperform” the market? That’s because one newsletter might be a high flyer one year and then crash and burn the next. That won’t help me. So I am looking for newsletters that consistently beat the market year after year–and that is exactly what you should be looking for too!
Below I rank the Best Stock and Investment Newsletters based on the following criteria:
- Percentage return (including dividends) of all of their picks for each calendar year.
- Percentage of their stock picks that are winners.
- All time returns since inception of the newsletters.
- Cost of the newsletter.
- Refund policy–Can you get your money back when you cancel?
- Customer service–Can you get hold of anyone that will answer a question?
Based on the above criteria…
The Best Performing Stock Newsletters are…
The Stock Advisor ranks as our #1 Best Stock Newsletter for the 6 of the last 7 years.
Their 2023 stock recommendations are beating all of the other newsletters we monitor, they had a high profitability percentage, they lead in all time performance, and they are priced very reasonably. They had a tough 2022 but seem to have recovered their winning ways.
Their 24 stock picks from 2023 are up an average of 19.9% versus the S&P500’s average return of 13.1%. So they are beating the market an average of 6.7% for 2023. Impressively, 83% of their picks are up, the biggest winner is up 107% and their biggest loser is down only 28%.
NOTE: For all S&P500 comparisons, I am comparing from the date of the pick to the date of this article. So though the SP might be up 26% for the year, by releasing 2 picks a month throughout the year means that average return of the S&P happens to be only 13.1%.
So, even though this stock picking service won our Best of 2023 award, also look at its historical performance.
You may have seen the Motley Fool’s advertisements like the one below that since inception their stock ideas from the last 22 years are up nearly 4 times the S&P500:
And then they have this chart which shows how their portfolio has grown over time:
Notice their curve has consistently been above the S&P500 and really spiked in 2019 and then corrected like most stocks did in 2020. But now the last few months the curve is moving sharply higher again. This is mostly likely to do the overselling of some of their picks like NVDA, SHOP, TSLA and more. Also, the surge in demand for AI stocks is benefitting the Fool’s picks.
Is The Motley Fool’s Stock Advisor really as good as they claim? Yes if you pay attention to 1 very important detail about their recommendations. They pick stocks that they plan on holding for at least 5 years. If you are reading any negative news from subscribers to the Motley Fool, you are reading from people that tried it for a short period of time and have not stayed with it for 5 years or more like I have.
Over the years we have become so confident in the Motley Fool Stock Advisor stock picks that in December 2015 we opened up a dedicated ETrade account and actually started buying all of their stock picks. Starting in January 2016 we have purchased $1,000- $2,000 of every single one of their stock recommendations for over 6 years now.
How do they do it? They are really good at picking a few stocks that double or triple each year.
Even with all of the Trump presidency, pre-election, first half of Biden presidency, COVID volatility, inflation and threat of a recession, rising interest rates, Ukraine war, etc you can see from the graph above their stock picks have really started accelerating up again:
- Since 2016, 76% of their stocks that are at least 5 years old are up
- One of their biggest winners lately was their January 2020 pick that I bought as a result of the Stock Advisor recommendation. See my Tesla trade below from my ETrade Account showing it up 884%:
- From 2019, the average return is 51%, 9 have at least doubled and 4 have more than tripled. See my HUBS trade from December 2019 that is up 414% for me.
- The average of their 2018 picks is 131%, 11 have at least doubled, 7 have more than tripled, 6 have more than quadrupled, max is up 602%
- 22 of their 24 picks from 2017 are up, the average is 262%, 12 have at least doubled and 10 have more than tripled
- The average return of their 2016 picks is 214%, 17 have at least doubled, 10 have more than tripled and the max is up 2,277% (that was SHOPIFY).
What You Get When You Subscribe
When you subscribe, you will get two new stock recommendations each month and several BEST OF lists of stocks each year. Each recommendation comes with an in-depth (but easily understood) analysis that tells you why they recommend each stock. Note that our analysis only considers the 2 unique stock picks per month as the BEST OF lists are usually re-emphasizing previous stock picks that they still recommend strongly.
You will also get unlimited access to…
- All of their historical stock recommendations
- The Motley Fool’s list of “Best Stocks to Buy Now.” Best ideas chosen from all of the picks since the service started.
- The Motley Fool’s list of “Starter Stocks that should be in Everyone’s Portfolio.” Stocks that give you an excellent foundation for your portfolio.
- Their Knowledge Base and Community. Educational materials that will help you become an expert investor, and message boards to chat with other investors.
And in case you are wondering, yes, they do tell you when to sell a stock. They issue sell orders sometimes to lock in profits and sometimes to cut losses.
Motley Fool Stock Advisor Recap
So why is it our #1 pick for the Best Investment Newsletter?
- The Motley Fool Stock Advisor, according to the Fool themselves, is intended only for people that plan on holding stocks for at least 5 years.
- Its performance over the last 8 full years has crushed the competition.
- Lots of their stock picks double, triple, quadruple, and more.
- Older stock picks from 2016 and 2017 and 2018 continue to outperform.
- The Motley Fool has an EXCELLENT success rate of profitable picks.
- The Motley Fool stock picks are still coming from the 2 brothers (David and Tom Gardner) that started the company in the early 1990s. So when you order the Fool service, you know that you can expect similar results because the stock picks are coming from the same 2 guys.
- The price is extremely reasonable AND they offer a MONEY BACK GUARANTEE and they have a toll-free number for support. They are so confident in their service that they encourage you to try it and get their next 2 stock picks–then you can cancel if you aren’t happy and get your money back. Normally it is $199 a year, but if you are a new customer you can get the next 12 months of their picks for just $79. Here is the link to their new customer discount page.
There is one thing you need to know about their service, however…. Because they have so many subscribers (500,000+), their picks tend to go up a few dollars they day their recommendations come out. So to get the best returns, you need to buy their stock picks as soon as you receive their alerts.
How Much Does Stock Advisor Cost?
For the last year 5 years we paid $199 a year for the service. But they just launched a new price promotion. Currently, new customers can subscribe for $79 per year on THIS New Customer Discount Page. Also you can cancel within 30 days and get your money back.
Stock Advisor Current Promotional Offer:
Subscribing is easy. They require your name, email and billing address–and, fortunately, they do NOT require a phone number so they won’t harass you with telemarketing campaigns like other services do. It was the best investment newsletters of 2023.
PRICE DROP! MOTLEY FOOL STOCK ADVISOR NEW SUBSCRIBERS ONLY:
USE THIS LINK to save 60% when you use code SALE60
2. Everlasting Stocks
This is relatively new service of the Motley Fool featuring Tom Gardner’s analyst team that has done so well over the last 20 years. What is unique about this service is not only do they show you what stocks to buy, but with this stock newsletter they also tell you how they are weighting each stock in their recommended portfolio.
Of their 24 picks for 2023, 19 of them were up and the average return was 18.8% vs the S&P500’s 12.7% for their picks; so they are beating the market by 6.0%. Their biggest winner is up 73% and their biggest loser is down 41%.
The Motley Fool sells this only as part of what they call “The Epic Bundle.” Their Epic Bundle package gives you 4 services in 1: Stock Advisor, Rule Breakers, Everlasting Stocks, and Real Estate Winners (a $1,000+ value) ALL for $189. So this is truly the BEST VALUE.
Here is our full review of Epic Bundle.
3. Seeking Alpha’s Alpha Picks
This is a new service that Seeking Alpha launched in July 2022 that tells you which are their 2 stop rated stocks based on their “quant model” each month.
Even though it is relatively new it is showing so much promise that we had to include it this year because their 2023 picks are beating the market by 5.0% (which, if annualized, is over 10%) and their 2022 picks are already beating the market by 47% making it the best newsletter of 2022 based on 2023 performance. They are also in the 80+% range in terms of their accuracy.
Seeking Alpha is known for it proprietary quantitative analysis and ranking system. Their data shows that stocks with a strong score significantly outperform the market and stocks that have a weak score significantly underperform the market.
Their “proof” of their Strong Buy based on their quant rating is this:
This chart shows that their Strong Buy rated stocks portfolio has outperformed the market by $188k vs 38k since 2010.
Since this stock newsletter is so new it doesn’t have much track record, but it has picked a few BIG winners since it’s launch. One of their picks is already up 261% and they are beating the S&P for the last 12 months, but their 2023 picks have struggled as you can see from my chart above.
Still, it is a very promising service and it is reasonably priced at $199 but it is often on sale for $99. Read our full Alpha Picks review.
4. Zacks Value Investor Stock Newsletter
Zacks Investment Research has a few research tools that have also withstood the test of time. But Zacks has historically been for a different type of investor. Zacks is more for the investor that has their own stock ideas but wants to get another opinion of a stock before they buy it.
Zacks has launched a few services in recent years that are starting to get our attention.
Their Zacks Value Investor service recommends their stop ranked stocks and constantly updates you throughout the year so you will end up making 20-40 trades per year. based on the changes in their proprietary ranking system.
How doe they claim their system works?
They do a fantastic job at analyzing about 10,000 U.S. stocks and ranking them on a “Zacks Rank” score of 1 to 5. Stocks that are ranked “1-Strong Buy” have consistently outperformed the SP. The average stock ranked “1-Strong Buy” has an average ANNUAL return of 24.2% compared tot he SP 10.7%. On the other end, stocks that are ranked “5-Strong Sell” have consistently done the worst as you can see below. The nice smooth chart is exactly what you would expect if their ranking works.
So, if you are doing your own stock research and you want to see how Zacks ranks them, or if you want to know what Zacks thinks of stocks in your currently portfolio, it is a great tool. But Zacks will not tell you what stocks to buy today.
They also have a few free investment newsletters that you can subscribe to for free. This newsletter is e-mailed each weekday morning and summarizes the market, what the market means for investors, and what you should do next.
Zacks offers the following account options:
- Free Registration. Resources that will help you profit with no obligation to purchase.
- Zacks Investor Collection. Bundle of top subscription services for long-term investors.
- Zacks Ultimate. All private buys and sells from all exclusive recommendation portfolios.
You should review each account options to determine which one will help you achieve your financial goals.
Zacks Current Promotional Offer:
You can get that their list of 5 Stocks Set to Double FREE by following this link to Zacks.
The Motley Fool’s “other” newsletter is a close #2 on our list as it’s still one of the best financial newsletters out there.
Their 2023 stock picks are beating the market with the same accuracy of Stock Advisor, their 2022 picks are still beating the market too; but the overall performance since inception is significantly less than Stock Advisor’s and their overall profitability rate is slightly less than Stock Advisors.
The Motley Fool Ruler Breakers is a high-growth investing service and it has certainly lived up to those expectations. Rule Breakers is similar to Stock Advisor, with a few twists…
With Rule Breakers, you still get two new stock recommendations each month. These recommendations are based on stocks that will become tomorrow’s market leaders.
Here are the six rules that differentiate “Rule Breaker” stocks:
- Emerging Industry. Innovative companies in emerging industries that are poised to change the world.
- Sustainable Advantage. Companies must show potential for long-term advantage over competitors.
- Past Price Appreciation. Rule Breakers have performed well in the past.
- Good Management. You want to invest in companies with vision and competent management.
- Consumer Appeal. Customers have to love the product or service.
- Grossly Undervalued. Wall Street may be underestimating the companies’ transformative value.
Each rule is considered when stocks are being chosen and recommended to users.
As I did for the Motley Fool’s Stock Advisor, in January 2016 I also subscribed to Rule Breakers and started buying about $2k of each of these stock picks.
Notice from the chart above some stellar results especially for the stock picks from 2018-2016. Those stocks that I bought that are at least 5 years old have beat the S&P500 by over 150% on average. One stock (ticker: TTD) from 2017 is up over 3,000% and one stock (ticker: SHOP) is up 11,000%. They actually picked SHOP in Rule Breakers BEFORE the picked it in Stock Advisor so that is why the return is higher here.
Over the period 2016-2018, the stock picks from the Motley Fool Rule Breakers service have actually outperformed their Stock Advisor service, but their returns are more volatile so for that reason we marked it down a bit. This means that if you had missed just a few stocks over those years, your returns would not have been a strong. Also their Rule Breaker picks are a lot more volatile and they seem to take longer to go up in value. So I find this service to be more hit or miss since they are really trying to pick high growth stocks in newer industries. If you do subscribe to this service, you definitely need to buy EVERY pick that comes out so that you don’t miss on the few that skyrocket.
Here are some of their recent top performing stocks. For example, their October 2023 pick of CAVA is up 24%; their June 2023 pick of IOT is up 32%; their April pick of DUOL is up 70%. In February 2023 they picked CRWD and it is up 123%; in December 2022 they picked BRZE which is up 103%.
How Much Does Rule Breakers Cost?
So, do you want to add high growth stocks to your portfolio and do you have at least a few years to let them gain in value? Do you have the cash to buy EVERY one of their 24 recommendations per year, then you should subscribe to Rule Breakers while it is still on sale for $99 a year . I paid $299 a year for it in 2022 . As with all of the Fool products, you can cancel anytime (read our full Rule Breakers review).
Current Promotional Offer:
Subscribing is easy. They require your name, email and billing address–and, fortunately, they do NOT require a phone number so they won’t harass you with telemarketing campaigns like other services do.
MOTLEY FOOL RULE BREAKERS NEW SUBSCRIBERS ONLY:
USE THIS LINK to get their next 12 months of stock picks for just $99 a year.
6-10 The Others
Rounding out our ranking of 6th through 10th place is another Motley Fool service called Real Estate Investors, Jim Cramers Action Alerts Plus, Zacks Top 10 and Zacks Home Run Investor.
Interesting to note is the Dogs of the Dow strategy, though up, underperformed the market by 11.7%.
And the IBD Leaderboard, which is really hard to track, saw its IBD Top 50 ETF underperform the market by 12.7%
7. Jim Cramer Action Alerts
Finding the top stocks requires focus, discipline, and most importantly, homework.
Luckily, Jim Cramer’s Action Alerts take those steps out of the equation for you!
Jim Cramer offers his alerts as a subscription service available through TheStreet.com.
The service will send you an e-mail when Cramer has recommended a buy or sell for any stock.
You will also receive additional analysis such as…
- Detailed information on the stock
- The action being taken
- Why that action is being taken
At the end of each week, Cramer will do a weekly roundup of all the shares that he currently owns.
We like this service because it allows everyday traders to get inside the head of an industry expert.
With this, you will have the tools necessary to make well-informed decisions for your own investment portfolio.
There is even a 14-day trial of Action Alerts so that you can see if the service is right for you.
n/r. Tim Sykes Penny Stock Alerts (Best for Penny Stocks)
Tim Sykes is the most popular, and probably the most successful penny stock trader. On his web site he claims to have turned $12k into $7 million.
He even shows you a chart of his portfolio over the years and lists his trades (if you become a paid member.)
He has turned that success into a series of books, newsletters and even TV appearances.
When you register you can get access to his trades in real-time and follow him.
You will also get updates throughout the day on trades that Tim Sykes makes.
But who is Tim Sykes, anyway?
He is a trader that turns thousands into millions and has set out to teach others how to do the same!
Tim Sykes Current Promotional Offer:
n/r. Kiplinger’s Personal Finance
Kiplinger’s is a monthly magazine that aims to satisfy all of your money management and investing needs.
This publication covers things like homeownership, vehicle purchasing, and retirement saving.
Additionally, Kiplinger advocates for long-term investing and low-cost investing which is perfect for young investors.
Each month several columnists cover a variety of topics, which include:
- Latest financial trends
- Individual stocks
- Mutual funds and ETFs
- Bond investing
- Retirement planning
- Real estate
- Bank accounts, credit cards, automobiles, and technology
Kiplinger is definitely one of the most broad and comprehensive financial newsletters.
And, the best part is…
…this magazine covers all areas of finance, and you can sign up for just $12 a year!
n/r. Stansberry Research
Stansberry Research specializes in providing actionable investment recommendations and research for individuals self-managing their portfolios.
Stansberry promises to bring “the safest, most profitable investment ideas in the world, no matter what’s happening in the markets.”
You can check out any of the following entry-level newsletters:
- Stansberry’s Investment Advisory
- True Wealth
- Retirement Millionaire
Each stock trade newsletter uses a different investment strategy, so it will be up to you to determine which is best.
But you can often find discounted subscription prices with a little research of your own.
n/r. The Speculative Investor
The Speculative Investor combines technical analysis with macroeconomic analysis.
This analysis covers equities, gold and gold stocks, currency exchange rates, commodities, and bonds.
Subscribers receive two commentaries per week covering the financial markets mentioned above.
Additionally, you will receive stock picks and other trading ideas to boost your portfolio.
You can sign-up for $25 per month or $240 per year.
n/r. Other Niche Investing Newsletters
- Discovery: Everlasting Portfolio
- Motley Fool Options
- Extreme Opportunities: Augmented Reality and Beyond
Best Investment Newsletter Conclusion
There are hundreds of services out there claiming they can help you find good stocks and beat the market. We subscribe to a few dozen and update this list quarterly so you can see which ones are performing the best.
Over the last 8 years, the stock picks from the Motley Fool Stock Advisor have consistently outperformed the overall market by double digits per year. That is far and above all of the other newsletters we track. If you are still not convinced, then read our full Motley Fool Stock Advisor review.
While every stock pick of theirs does not go up, they always pick a few stocks that double and triple each year–that is how they get their amazing returns.
We don’t guarantee future results, we are only sharing our historical results. If you want to get a year of their next stock picks, for just $79, CLICK HERE.
If you have cash available every month to invest, the Rule Breakers newsletter is another recurring top best performer, but came in 5th this year. On average their 24 picks for each of the last 8 years have outperformed Stock Advisor’s , but their variance is much more. The Stock Advisor has fewer losing stock recommendations, but Rule Breakers has more super-returns on a few stocks.
The best VALUE right now is the Motley Fool’s Epic Bundle where you get Stock Advisor, Everlasting Stocks, and Rule Breakers for only $198.