Seeking Alpha
From Wikipedia, the free encyclopedia
Seeking Alpha is a free provider of stock market opinion and analysis from blogs, money managers and investment newsletters, and a provider of its own financial content. Alpha is a financial term referring to a stock's performance relative to the market; it is used by fund managers to describe beating their index, so stock pickers "seek alpha".
Seeking Alpha has its own editorial staff, as well as being a traditional blog. Seeking Alpha claims to be the only company that provides full earnings call transcripts on its website.[1] . It offers these free, as well as summaries of Jim Cramer's comments.[2] The company has also developed a free stock widget designed for the financial bloggers. It features stock quotes from the NYSE, NASDAQ, AMEX, Pink Sheets and OTC Bulletin Boards.[3]
Started in 2004 by David Jackson,[4] Seeking Alpha has 50 employees on two continents and has formed partnerships with companies including Yahoo! Finance,[5] Dow Jones MarketWatch, E-Trade,[6] and CNET.[7] The company is backed by Benchmark Capital, a firm that funded eBay.[8]
In the financial news field, Seeking Alpha is currently the largest stock market blog, running about 100 articles a day, according to 247wallst.com.[9] Articles are available on the Seeking Alpha website as well as via Blackberry or RSS feed.[10] Seeking Alpha's stock research content is more extensive that Yahoo! Finance or Google Finance, according to Sramana Mitra.[11] Seeking Alpha focuses on opinion and analysis rather than news, however, and is primarily written by investors who describe their personal approach to stock picking and portfolio management rather than by journalists. Seeking Alpha's primary readership is among money managers, research analysts, investment bankers, and serious individual investors.[citation needed]
Seeking Alpha was the recipient of Kiplinger's 2007 Award for Most Informative Website[12] and was ranked by Fox News as the top financial blog in a 2007 telecast.[13]
An alternate view is that Seeking Alpha is typically basically retarded and, like the Motley Fool, writes as much crap as it can just so it can get linked to by financial news aggregation sites (e.g. Yahoo Finance).[14]
[edit] References
- ^ "Seeking Alpha Announces Comprehensive Resources for Investors in Chinese Stocks", Squawkbox.asia, press release by Seeking Alpha.
- ^ "The Twenty Best Financial Blogs", 247wallst.blogspot.com. September 5, 2006.
- ^ ""Seeking Alpha Launches Free Financial Content Powered Stock Quote Widget for Financial Bloggers", Marketwire, press release by Seeking Alpha. April 17, 2007.
- ^ "David Jackson", Future of Business Media.
- ^ "Blogs from Seeking Alpha", Yahoo! Finance.
- ^ "E*trade Financial Enhances Research Tools, Increases Efficiencies For Retail Investors, press release by E*trade, February 20, 2008.
- ^ "About Us", Seeking Alpha.
- ^ "Benchmark invests in Seeking Alpha; deal struck with Yahoo", Venturebeat.com, September 11, 2006.
- ^ "TechCrunch And Huffington: Who Will Buy The Big Blogs?", 247wallst.com, October 3, 2007.
- ^ "Time's 50 Best Websites of 2007", Time, November 2007.
- ^ "Web 3.0 and Seeking Alpha Review", sramanamitra.com. March 29, 2007.
- ^ "The 2007 Best List", Kiplinger's Personal Finance Magazine, November 2007.
- ^ Seeking Alpha, Fox News, October 22, 2007.
- ^ [1], Seeking Stupid, December 3, 2008.
