InvestingPro Vs Carnivore Trading: Which Is Best For You? (2024)

Our ranking approach prioritizes transparency and fairness to provide investors with reliable like-for-like insights into stock market tools. We evaluated InvestingPro and Carnivore Trading using consistent criteria to ensure an unbiased comparison.

While investors still interpret data using their own systems and priorities, access to reliable, up-to-date information reduces the risk of making incorrect or outdated decisions and enhances a tool’s transparency. A strong track record indicates the tool’s ability to make successful stock predictions across various market conditions.

A user-friendly interface simplifies the research process and reduces the need for a sharp learning curve, especially for investors with limited time. Mobile-friendly interfaces or dedicated apps allow investors to stay informed and make decisions on the go.

Investors have diverse needs, and no two investment strategies are exactly alike, and a versatile tool should cater to various strategies, whether long-term investing or day trading. Robust analysis and customization options allow users to tailor their research, providing comprehensive insights for more nuanced investment decisions and ensuring the tool remains relevant as market conditions and investor strategies evolve.

A tool that offers a reasonable subscription cost while consistently delivering accurate data and valuable features ensures its ongoing relevance. This consideration ensures that investors get the most ROI over the longer term.

Company History: InvestingPro is part of Investing.com, a well-established financial platform founded in 2007. Over the years, Investing.com has grown to become one of the top financial websites globally, providing comprehensive market data, news, and analysis. InvestingPro is a premium extension of the platform, offering advanced, data-driven tools and cutting-edge AI insights for a wide range of investors.

Target Audience: InvestingPro caters to active investors and traders who require detailed financial data, real-time updates, and sophisticated analytical tools. It is ideal for users who need a professional-grade platform to support their investment decisions and strategies. The ‘ProPicks’ part of the tool is more geared towards investors who prefer a personalized, done-for-you service enhanced by a hybrid AI/Analyst approach to stock-picking and portfolio development.

• Data Accuracy and Timeliness: Provides real-time market data and news, covering up to the last 25+ years.
• Ease of Use: Features an intuitive interface and customizable dashboards.
• Analysis Tools: Offers advanced charting, financial analysis, and company profiles for more than 135,000 worldwide instruments (stocks).
• Cost: Various subscription plans to suit different investment needs.

Company History: Carnivore Trading was created sometime in the 2010s by three ex-Wall Street traders with a combined experience of 100+ years of trading. This includes at firms such as J.P Morgan, Merrill Lynch and AIG.

Target Audience: Carnivore Trading targets investors who want to be told what and how to trade. This service is mostly for active investors who are able to read multiple ‘alerts’ each day and have access to their own broker in order to complete trades.

• User Friendly: Keeps jargon to a minimum while offering plenty of educational content to increase overall trading and financial markets knowledge.
• Premium Content: Members have access to otherwise ‘locked’ content and weekly calls with the founders
• Real-Time: Offers trade analysis (including buy and sell prices) via real-time alerts.

Both InvestingPro and Carnivore Trading offer unique features tailored to distinct audiences. InvestingPro excels at providing a comprehensive suite of advanced analytical tools, real-time data, and AI-driven insights, making it an ideal choice for active investors and traders who value data accuracy and sophisticated market analysis.

On the other hand, while Carnivore Trading offers a practical, straightforward approach designed for investors who prefer explicit trade instructions and access to educational content, it may fall short for those seeking more depth and flexibility in terms of actual data customizable to individual portfolios. Its reliance on real-time alerts and direct communication with seasoned Wall Street veterans may suit a niche audience but could feel limiting to others.

Let’s focus further on the differences (or similarities) in features of these two platforms. We’ve broken them down into three sections so it’s easier to find the features that are most important for your day-to-day needs.

Data

• 25+ years of historical data for solid backtesting
• Picks chosen from a pool of over 135,000 securities
• Rapid suggestion adjustment based on moment-to-moment market conditions
• Fully transparent selection criteria

Usability & Interface

• Intuitive UI for both new and seasoned investors
• Save individual stock data or customized, filtered security groupings into watchlists
• Strong transparency of stock pick methodology
• Done-for-you options filterable for robust customization
• Customizable company charts to align visible data with investment priorities

Tools

• Advanced AI leverage for trends, inputs and patterns for the stock picks
• S&P 500 and Dow Jones Outperformance portfolios
• Fully formed complete portfolio recommendations to provide immediate balance
• More than 12,000 usable metrics for filtering and on-page visual cues
• Sector peer comparison charts & tables
• Stock outperformance probabilities are based on fundamental, technical and sentiment indicators

Data

• Technical, Fundamental, and Sentiment Indicators apparently used for the picks, using a proprietary system created by one of the founders using their Wall Street experience.

Usability & Interface

• User-friendly for newer and time-poor investors
• Straightforward communication via email and text alerts

Tools

• App (both Android and iOS) to get trade alerts on the go.

Please remember that backtested and historical performance do not indicate or guarantee future outcomes. With that said, let’s take a look at an example from each tool based on their past performance.

Both InvestingPro and Carnivore Trading offer valuable insights for investors, each with its own strengths.

Carnivore Trading’s investor community is a good resource for investors who are just starting out and learning about how to trade. Further, its dedicated help center is easier to access than InvestingPro’s similar section, which requires a user to query using the live chat feature on the platform before being directed to a relevant article. Carnivore Trading also offers daily emails that are particularly beneficial for day traders, offering timely stock market insights which include buy/sell limits. However, their picks are largely ‘black box’ and are very much ‘copy-paste’ – which may improve trustworthiness (as the founders also trade with their own money), but which also can lack nuance and will not be customizable to fit into many investor’s individual strategies. The platform is also a lot more expensive, serving to ‘price out’ many starter investors (who may then also need additional tools at extra cost).

InvestingPro has a significant edge over the other platform thanks to its transparent, robust data sets, extensive list of global equities (rather than just an EU/US focus), and high level of customization for investors. And for those who want a more ‘done-for-you’ service, InvestingPro also offers its monthly ‘ProPicks’ section. This makes InvestingPro a much better choice for those seeking a comprehensive and adaptable investment tool that continues to be robust enough as investors learn more and want to evolve in their level of activity.

InvestingPro is designed to be user-friendly with an intuitive interface, making it accessible for beginners. It offers a range of tools and features that are easy to navigate, providing valuable insights even for those new to investing.

InvestingPro is known for its accuracy in providing real-time data and comprehensive analysis. The platform’s reliability comes from its extensive market data from industry-renowned sources (such as MorningStar and Bloomberg), and advanced analytical tools, helping users make informed investment decisions without a massive price tag for data terminals which often cost upwards of $10,000 /month.

Carnivore Trading’s stock picks are the result of combined expertise from its team of veteran Wall Street traders. The process involves identifying short-term trading opportunities based on real-time market conditions, technical analysis, and the application of proprietary trading strategies created by the founders. Once a promising trade is identified, members receive real-time alerts detailing recommended buy and sell prices along with the rationale behind each pick. This approach allows investors to make decisions quickly, leveraging the expertise and insights of seasoned traders to capitalize on immediate market opportunities.

The main benefits of using platforms such as InvestingPro include AI-driven stock predictions, tailored recommendations, and the ability to optimize portfolios. Carnivore Trading has the benefit of a robust investment community and daily alerts which may be more suitable for short-term-focussed, active investors.

Yes, this platform is designed to help improve investment returns by using AI to identify high-potential stocks which may also be currently undervalued relative to their financial fundamentals.

Carnivore Trading is best suited for active investors who thrive on rapid decision-making and frequent market engagement. It is ideal for those who appreciate explicit trade instructions and real-time alerts, as well as investors who have a brokerage account ready to execute trades based on frequent recommendations. Additionally, the platform offers valuable educational content, keeping jargon to a minimum, and facilitates direct communication with experienced Wall Street veterans through weekly calls and premium content. 

Yes, InvestingPro offers a mobile app, ensuring users can access real-time data, analysis tools, and market news on the go. The app provides the same robust features as the desktop version.

InvestingPro offers various support channels, including email, live chat, and comprehensive online resources such as tutorials and FAQs. This support ensures users can get help when needed and maximize the platform’s benefits.

The stock picks on Carnivore Trading are frequently updated, with members receiving multiple alerts each day. These real-time alerts include trade analysis, buy and sell prices, and other critical information designed to support active investors in making timely trading decisions.

Carnivore Trading is primarily designed for active investors who are interested in short-term trading based on frequent alerts and real-time updates. The platform’s focus is on providing explicit trade instructions and immediate market opportunities, which may not align well with long-term investment strategies.

If your primary objective is to build a long-term portfolio, you might find more value in platforms that offer comprehensive financial analysis, diversified investment options, and strategic planning tools tailored for long-term growth. It’s important to choose a service that aligns with your investment goals and strategy, and in this case, InvestingPro or a similar platform might be a more suitable option for long-term investing.