Zacks Investment Research Reviews 144

Avoid them however you can please. Total waste of money

Their top ranked stocks are not in line with the actual market trends: war in Ukraine, their top ranked stocks are retail stocks!!! Also in an email I received it is written that you can unsubscribe from the free trial from the dashboard: this is not true. I was forced to write them to ask to stop this useless free trial, I'm still waiting for their reply. Avoid strictly

Their Research Wizard is an absolute joke and certainly not developed by a PhD mathematician.

I can get 1.2 billion % return over a 3 years period, in their backtesting function in their Research Wizard. When I look into a periods data, it´s an absolute mess and not related to the periods portfolio return.

If that´s the measuring stick they are using, no wonder that they can beat the SP500.
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Oh, just beat my own record, 1.834.804.633.600% return over three years, against 74.9% on the S&P 500. What a joke.
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Ok, Zacks reached out to me and the communication has been very constructive. So two stars for that.

The screen I set up caught a lot of errors in the underlying data, errors that they say they warn people about. I didn´t see that warning anywhere, neither in the first four chapters that I got access too, but maybe they do at a later point.

I did check various predefined screeners too, but I only had a three year timeframe to check them as it was a trial and they all performed mediocre relative to SP500.

I saw that they highlighted the crash in 2001 in some of their material, but largely ignored 2008.

When all that is said, I think the tool is a waste of time, it´s treasure hunting in the past and you´ll have no clue if they´ll work in the future.

On Monday February 7th, Zacks upgraded the ranking of Sunoco (SUN) from a 2-Buy to a 1-Strong Buy. The Stock sunk 5% that day. The very next day Zacks downgraded the stock, after a mere one-day stint, back to a 2-Buy. Two weeks later and the stock continues to decline. Bad advice Zacks, bad advice!

The firm posts incorrect financial information and descriptions of companies online. Further, when confronted with glaring errors, the company is very rude, defensive and not helpful.

I would not recommend this company to anyone.

Scums. Bought the stock with 1 rating and AAAA mark and in 1 month it dropped 26% in price. Also they are spamming their "top" picks on email very often.

They are salesmen first, researchers second. I’ve asked them multiple times how that 26% per year return was accomplished. Crickets. Use their stock screener as a first step in doing your own research.

They said a particular company is a bad choice, and will go bankrupt. This same company has significantly lesser debts than most companies they push. The same company the constantly advice to sell is developing a revolutionary platform that experts say is the future. Zacks never mention the project the company is working on, or what's creating, they're just pushing for people.to sell it.

It's either they are poor in judgement or fundamental analysis, or they have ulterior motives. I have stopped listening to them by the way.

This so called investment firm is reliable. I would even say very reliable. Realiably wrong.

Just always do the opposite of what zacks "advises" and then you should be fine

I subscribed for Zack's 30 day trial - bought 2 stocks in their stocks under $10 recommendations. NEXA and BRY - down 29% and 14% respectively in a month. Fortunately only lost $450 to date - will be closing these positions out and investing in a good mutual fund. They are happy to charge you to recommend stocks that have an equal chance of losing and / or gaining. Better off to get a financial page and your dart set out.

Recommended COF as #1 Zacks strong buy with a strong likelihood of earnings surprise, and stock price dropped like a rock after analysts downgrade. Lost so much money on my call option.

Since I invested with Zacks recommendation utilizing their Zacks rank; I'm down over 20% average across the board. I started my own investment strategy and have tripled my payback which has me breaking even with where I started over a year ago! I don't know where they get their success rates from but I don't believe it as I have felt the pain. Now I look at some of the leftover stocks I hold on to hoping they gain 27% just to break even on them.
Don't waste your time or money on Zacks! My opinion is they're a scam. They also email you many useless emails of some of their past glories in lucky buys and state their unrealistic success rate. Run from them!

I fell for Zack’s top picks and did 10 of their stock picks, I invested a large amount in each of their picks and it’s been about 2 months they are down WAY MORE than the market
I am retired and it’s hurts but thank god I am ok and ever optimistic.
For some others this could be crushing including me if I invested anymore than I did
Stay away from Zacks unless you want to feel good about your own picks Of course this is my personal opinion and a lot of the other people reviews I have now seen which I wish I read before I invested Good luck to all. When the market falls buy and sell on the rise Good luck with your investments and for God’s sake get vaccinated it may save the life of someone you love and/or maybe your own

Have to say at first I didn't like Zacks because they seemed to emulate the motley fool model of opinion-driven stock picking, but then I found their financial screening sections which enable me to draw my own conclusions quickly and I became hooked on using that. I use it as the initial way to screen stocks before following them in the news and waiting for a good buying opportunity. in particular I think their VGM ranking is really good, though it's very prone to events so be careful and do your due diligence. Some of the more expensive offerings cost up to 5,000 a year, but I've found the most value just using their stock screeners early and often. If you wait too long to check, there will be older stocks there that have already peaked. If they had a better way to just send me new stocks on the screens I follow that would be good. If they'd cut down on the upsells that would be better. But it's data driven which I like better then the stock picking services that engage in pump and dumps constantly.

Zacks has lousy analysis software or analysts if there are actually human beings writing the baloney they write. As an example, I hold Jinko Solar which since 2 years and 5 months ago, has gone from around $14 to $56 (reaching a peak of $90 last fall), but Zacks continously bashes on this company, even releasing "Bear of the day" press releases days in a row maybe hoping by repeating it enough, there'll be enough people (short)selling to make their terrible predictions come true.

Not a fan of the constant harassment and bait n switch tactics zacks continually uses.

I receive more emails from zacks then my other investment companies combined.

The emails are typically oriented towards last chance to get in on this once in a life , game changing opportunity (which is the same email they’ve been sending for years so apparently it’s a once in a life time opportunity that exists for years???). The other email they send is giving you something FREE (and don’t worry they’ll even cover shipping), but it’s not really free… it’s only something you’ll get if you sign up for their $1,000+ membership.

Regardless of their ability to pick stocks, they act scammy, unprofessional and borderline harassment

I had 417 spce stocks which I bought price of $37. And then yesterday on 24th Jun on yahoo finance zacks released one article which said it ranks number 4 to sell it. So most of investors including me beloved this one as a mistake and sold at $40. Today in the market on 25th June, Spce is up to 40% higher and I lost more than $6000 profit. I never read any article which is really good and not market manipulated by Zacks. They manipulated young investors like me and then buy at deep. Don't be foolish and don't use this service. Actually, it should be banned from yahoo finance.

Originally I signed up for a 1 year subscription that was somehow converted to a 30 day trial. My mistake or not, when I learned I was being charged every month I called and the guy I talked with almost rude when I cancelled. I left a review accordingly. A week later I was contacted by the company -they said my fee should have been an annual fee - not a monthly and promptly refunded me the monthly charges. Now I have to say I am impressed. I found the tools to be very useful - the tips not so much but I was learning their system. I will renew my annual subscription now.
Very impressed that the level of customer service far exceeded what I find as usual now days.

10emails a day and when you opt out they send you even more!!!

Unable to stop them spamming despite emailing them, hitting unsubscribe links etc.