I was recently given access to the Beta version of a new investment website called Vuru. Vuru takes a very complex concept and makes it easy enough for any investor to understand.
In my MBA program, we learned a method for fundamental analysis to find the intrinsic value of a stock. The methodology is very complex and uses data from the company's financial statements. Based on that, we were able to find the value of a stock to come up with a buy, hold, or sell recommendation. Updating these models is time consuming and tedious, which is why people pay investment analysts a lot of money.
Vuru does it all for you automatically. It aggregates important ratios and financial data to give a company a “Vuru Score.” The score, one a 1-100 scale, gives you a buy, sell, or hold recommendation with more accuracy. Here is what I pulled for Google (GOOG):
As you can see, the company has a score of 53.37 (a hold) given its current price, price targets, and ratios. I have found that Vuru is incredibly conservative on its scoring system, which is often good for the average investor. Something that helps Vuru stand out even more is its qualitative look at the company's financial health.
Even better, Vuru's founder and CEO has been kind enough to give out ten Vuru Beta access codes for Narrow Bridge readers! To enter to be one of the lucky ten, leave a comment on this post telling me about your favorite stock today and why you like it. For a bonus entry, follow me (@DenverEric) on Twitter and Tweet the following phrase: @DenverEric is giving away invites to @Vurudotco at http://www.NarrowBridge.net. Visit Narrow Bridge to enter!
For those of you who do not win this time around, just visit www.Vuru.co and you can sign up for a Beta list invite as more become available.
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