Morningstar is a leading investment research website and stock tracking app that provides in-depth data, analysis, and insights to help investors make better decisions. At its core, Morningstar offers tools to track your investment portfolios, evaluate stocks and funds, and stay on top of the markets.

Founded in 1984, Morningstar has become the go-to resource for investors of all levels. Their website and mobile app provide real-time data on over 500,000 investments, including stocks, mutual funds, ETFs, and bonds.

With its robust set of tools and resources, Morningstar can benefit experienced investors looking to take a hands-on or hands-off approach. But is it the best stock portfolio tracking app pack? Here is a detailed Morningstar review to determine this.

Learn More About Morningstar

Key Features of the MorningStar App

Morningstar is one of the top stock portfolio tracker apps for a reason. It offers a robust set of advanced tools and resources to help you analyze your investments and make the best decisions.

• Security Analysis: Morningstar’s security analysis reports provide an in-depth assessment of a company’s financials, growth prospects, risks, and valuation. Their analysts scrutinize income statements, balance sheets, cash flow statements, and key metrics to determine a stock’s fair value and whether it’s poised to outperform.
• Portfolio Management: The Portfolio Manager tool lets you track all of your investments in one place. You can view performance summaries, customize benchmarks, analyze asset allocation, and get an at-a-glance overview of how your portfolio is doing. For each holding, you’ll see details like cost basis, shares owned, current price, and total gain or loss.
• Stock and Fund Screeners: With thousands of stocks and funds to choose from, the screening tools in Morningstar help narrow down the options based on your criteria. You can filter by sector, market cap, investment style, risk level, fees, and more.
• Mobile App: Morningstar’s mobile app, available for both iOS and Android, gives you access to your portfolio and key research tools on the go. You can check individual stock prices and stock market newsletters, see how your investments are performing, read analyst reports, and use the screening tools. The app syncs with your Morningstar investment account, so you have a consistent experience across devices.
• Educational Resources: For advanced investors looking to strengthen their financial knowledge, Morningstar provides a wealth of free educational content. Their “Investing Classroom” covers fundamentals like how to build a portfolio, choose individual stocks, and save for retirement.

What is the Morningstar’s Star Rating System

Morningstar’s star rating system is designed to give investors a quick way to evaluate and analyze mutual funds and ETFs (exchange-traded funds). It assigns between one to five stars based on a fund’s past performance and risk. The more stars, the better.

Morningstar calculates a “risk-adjusted return” for funds, which financial accounts for both the returns earned and risks taken. The top 10% of funds in a category earn five stars, the next 22.5% get four stars, the middle 35% receive three stars, the next 22.5% get two stars, and the bottom 10% receive one star.

So, if a fund has four or five stars, it means Morningstar considers its risk-adjusted returns above average compared to similar funds. Three stars is average, while one or two stars means below average. This system makes Morningstar a better choice compared to other platforms like Seeking Alpha.

Morningstar Investor Pricing & Plans

Morningstar Investor offers three main pricing plans to choose from: monthly, annually, or a free 7-day trial. Let’s break down the details of each so you can determine what works best for your needs.

Monthly Subscription

For $34.95 per month (or $420 per year), the monthly plan provides access to Morningstar Investor’s full suite of tools. This includes stock research and ratings on over 1,700 companies, access to 20+ expert analyst reports each week, investment newsletters, model portfolios, and investment ideas.

Annual Subscription

Pay $249 upfront for an annual subscription, and you’ll lock in the lowest price, just $20.75 per month. The annual plan includes all the same features as the monthly plan. If you know you’ll use Morningstar Investor for the long haul, the annual subscription can help you save over 40% compared to paying month-to-month.

7-Day Free Trial

Want to test drive the platform before committing to a paid plan? Morningstar Investor offers a 7-day free trial with no credit card required. You’ll get full access to analyze stocks, explore expert recommendations, and build a mock portfolio.

Is MorningStar the Best Stock Portfolio Tracking App?

Morningstar provides access to independent, in-depth research and analysis on thousands of stocks, mutual funds, ETFs, and other investments. The platform is ideal for investors and active traders. Their team of analysts are constantly evaluating investments to determine fair value estimates and star ratings.

As an investor, this can help give you confidence in your investment decisions and portfolio selections. For new investors, Morningstar Investor provides educational resources to help build your investing knowledge. They offer courses on stocks, ETFs, mutual funds, portfolio management, and retirement planning.

Morningstar also provides model portfolios and investment strategies targeted to your financial goals. This type of guidance can be invaluable, especially when you’re just getting started. Click here to sign up for Morningstar today. Be sure to watch out for coupon codes to save money on sign-up.

Get Started With Morningstar