There’s a clear shortage of fundamental data services for private investors who want reliable information on global markets at a reasonable price. So I’m glad to see that Stockopedia has now added US stocks to its UK and European coverage.
For those who haven’t yet come across Stockopedia, the site provides a huge range of valuation measures and screening tools, including screens based on popular strategies and the styles of notable investing. The underlying fundamental information comes from Thomson Reuters, but all valuation metrics are calculated in-house.
This may not sound like a big deal, but ensuring that financial statistics are calculated in a consistent, accurate and meaningful way across an entire dataset is more difficult than it sounds. Stockopedia’s data quality is superior to any other website that I’ve seen and in some respects seems better than the high-end professional services from Reuters and Bloomberg.