Zacks Research Wizard Review (2022 Update): Everything You Wanted To Know!

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Updated: October 18

By: Scam Risk - Expert Reviewer

Zacks Research Wizard

Zacks Research Wizard is a stock screening and backtesting program that you may have come across. The program has several features, including screener analysis and comparing charts. Virtually any investment criteria can be easily accessed over the internet. Create your own screens, establish your own trading strategies, then backtest to see whether they work.

This Zacks Research Wizard review will discuss their pricing and features.

DISCLAIMER:
This Zacks Research Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Stock screener with 600 basic parameters
  • Easy backtesting using indices
  • 2-week free trial
The Good

Cons: What I Didn't Like

  • Expensive annual subscription
  • Old and cumbersome user interface
  • Charting options are limited
The Bad

You probably discovered Zacks Research Wizard for the same reason you might have come across any other financial newsletter, stock trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI). This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions. Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers. But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty. But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)? An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about Zacks Research Wizard, keep reading.

What Is Zacks Research Wizard?

What Is Zacks Research Wizard

The Zacks Research Wizard is a full-featured stock screener. The program, which is from Zacks Investment Research, offers sophisticated stock screening and backtesting of trading strategies. Zacks Investment Research is one of the leading sources for independent stock, ETF, and mutual fund research.

Independent assessors of equity research frequently place Zacks Research Wizard’s stock research recommendations among the best in the United States of America. This study is the foundation for the company’s active trading services, screening, and backtesting software, long-term investor services, and strong resources and tools to increase portfolio returns.

For Zacks Research Wizard, independent research and sharing its results with investors is at the heart of all they do. Since its founding in 1978, the company’s CEO and Founder has dedicated his life to assisting investors in achieving their financial goals.

Earnings estimate revisions are among the most important factor in determining the value of a company. This discovery led to the development of their successful Zacks Rank stock-rating system, which utilizes the power of earnings estimates.

However, there seems to be a problem with their own portfolio managers. Some reviews mentioned that these portfolio managers were not following the site’s recommendations.

Zacks Research Wizard Features

Backtesting

Backtesting

A key feature of the Zacks Research Wizard stock screener is the ability to do backtests utilizing data from December 1999, in addition to a simple backtest over one, two, four, twelve, or twenty-four weeks.

Using sophisticated backtesting, it is possible to do your own research and compare different screen criteria and procedures to determine the overall strength of a portfolio.

The online database does not allow for advanced backtesting, and using a remote database is not an option. See at the holding periods in which you were successful, the maximum loss you suffered, and how your investing plan coped in both the rising and falling stock market.

Screener Analysis

Screener Analysis

An easy-to-read list provides the values for all parameters in your query, making it easy to see how your search is doing. However, you may also use heatmaps and scatter plots for further analysis of your screener data.

Zacks ratings for the stocks in your screen results are used to color heatmaps rather than your screen settings. As a result, these visuals will not be as helpful to you concerning your own trading strategy.

Choosing which parameters to display on the X and Y axes is possible with scatter plots. You may find it challenging to utilize these graphs if you have a large number of stocks in your screener findings. Excel or other applications may be used to make your own charts based on this data.

Stock Screener

Stock Screener

With the help of Zacks Research Wizard, fundamental investors can uncover promising stocks. A powerful stock screener lies at the heart of the platform. From EPS growth estimates and dividends to income statement components and book value, the screener tool has more than 600 essential parameters to choose from

The screener extends beyond simple greater-than, less-than, or equal-to-logical operators, even if it is not feasible to build a custom parameter inside the program. By benchmarking against the stock market or industry, you can, for example, demand that a company’s earnings per share (EPS) be in the top 10% of its market segment.

Alternatively, you may use mathematical expressions to integrate many factors into a single rule for screening purposes. The Zacks Research Wizard screener has a lot of capability for traders with well-defined investment strategies.

Comparative Charts

Comparative Charts

Using the platform’s charting tools, you can see whatever basic data you want. Your stock’s net margin, ROE, Cash Flow, EPS, and P/E are just a few examples of the data you may track.

Charting one thing at a time is great, but you can also lay many objects on top of each other.

You can have access to historical data going back more than two decades. In this way, you can observe how the item you’re interested in has been moving over time and how it has affected the stock prices. When you have all of your fundamental data laid out in a visual format, you’ll be able to make more informed choices quickly along with your own research.

Zacks Research Wizard Pricing

Zacks Research Wizard Pricing

An annual membership to Zacks Research Wizard costs $1,800. A two-week free program trial is required before signing up for a subscription.

Is Zacks Research Wizard A Scam?

Is Zacks Research Wizard A Scam

So, is Zacks Research Wizard a scam? Not technically. You can make money with it, but it’s definitely not as easy as the company makes it sound. Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% people that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700. Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week? And what if you could double it next week?

Well, that’s the power of Digital Real EstateIt’s a true lifestyle business. Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:
  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

Saying goodbye to our job

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off. If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Zacks Research Wizard?

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation For Making Money In 2022?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs. While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. This is only possible if you have an income stream that’s not tied to your time.

Jump All In

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.

Feeling Blessed

3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Scott Lead Gen

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Lance Lead Gen

4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

ANNA DONE DEAL

5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others. But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Boss of My Own Future

Now, the choice is yours. You could continue browsing, looking at opportunities like Zacks Research Wizard which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.
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