TipRanks has announced a partnership with Bad Trader, a new app aimed at providing an engaging and data-driven introduction to financial markets for investors.
The Bad Trader app will feature access to two of TipRanks’ stock research tools: the Analyst Forecast tool and Analyst Ratings. These tools are designed to offer investors comprehensive insights to support their trading decisions.
Building Investor Community with Stock Analysis Tools
Bad Trader is developed by the same team behind the options trading platform tastytrade and the streaming network tastylive. The app aims to create a community among individual investors through daily livestreams and chats, encouraging speculation and experiential learning in the financial markets.
With the new partnership, Bad Trader users will have access to TipRanks’ Analyst Forecast tool, which includes an analyst consensus, price forecast, and projected upside or downside for various stocks.
Uri Gruenbaum, CEO of TipRanks, said: “I am pleased to partner with Bad Trader on this app. Bad Trader aims to help people better understand how and when to take calculated risks. TipRanks’ unique datasets will doubtless provide investors with the top-line research needed to boost the likelihood of their investment success. This partnership furthers TipRanks’ mission of leveling the playing field for the retail investor.”
Integration Enriches Investment Research
Additionally, users will benefit from the Analyst Ratings feature, which aggregates analyst ratings to indicate buy/sell sentiment. The integration of TipRanks’ data is expected to enhance the investment research experience for Bad Trader users, enabling more informed, data-driven trading decisions.
Julia Spina, CEO of Bad Trader, added: “We’re excited to partner with TipRanks and bring accessible analytical tools to Bad Trader. Their statistics will be a great addition to our platform and will help us in our goal to teach market awareness and quantitative savviness to investors.”