TheStreet.com, Inc., provider of financial commentary, analysis, research, news and financial ratings, announced that portfolios on Stockpickr.com, the company’s wholly owned subsidiary, will be assigned an independent letter-grade rating based on an average of the ratings of the individual stocks within the portfolio.
Ratings are assigned to more than 800 professional portfolios and more than 95,000 user- generated portfolios currently housed on Stockpickr.com, allowing individuals to make a direct comparison between the rating of their own portfolio to those of professionals.
Linked to TheStreet.com Ratings, portfolios within Stockpickr.com are rated with TheStreet.com’s proprietary statistical models that use key financial metrics and indicators to rate stocks for an overall quality score.
Stockpickr Ratings joins StockBlogr, the first blog search engine devoted to accessing the top financial blogs on the Internet today, and “Street Answers†– a free question-and-answer search platform for stock and investment ideas, as the third module launched from Stockpickr.com since it was acquired by TheStreet.com in April.
Originally posted on July 26, 2007 @ 3:00 pm