The Motley Fool has created a system for rating stocks that is unique to any other website. The Motley Fool CAPS (http://caps.fool.com) bases its ratings on the analysis of thousands of people. Instead of relying on only a couple of stock analysts, the system uses the input of thousands of users. Anyone can sign up for free and make stock recommendations.
You may be wondering, “Why should I listen to the advice of everyday people? They may not know any more than me!” Although it is true that anyone can rate stocks, the CAPS system takes into account the fact that not everybody knows how to pick stocks. To account for this, the system looks at each users accuracy in picking stocks. For example, if a user is right on his or her calls most of the time, his or her stock recommendations will affect a stock’s rating in the CAPS system more than those of someone who is rarely right.
You can also make stock recommendations. You will receive a score for each recommendation you make based on how well your pick does. In addition, you will be able to see how you stack up against other CAPS users, as well as Wall Street analysts! The Motley Fool also hosts a number of contests throughout the year based on the CAPS system.
If you are looking for a great stock recommendation website, look no further than The Motley Fool CAPS system.