Zacks Investment ResearchReviews 176

The research is great HOWEVER they make it extremely difficult to cancel a subscription. I signed up for a free trial and ended up paying $250 a year because they don't send notification/confirmation emails so I didn't even know I was paying for it. They don't have an option to cancel your subscription on their website and getting though to someone when you call is immensely difficult. Their hours are Monday-Friday 9 am to 6 pm EST yet I'm calling at 1:18 pm EST on a regular old Tuesday and I am going straight to a voicemail that gives me their business hours and forces me to leave a VM for them to call back. I would never subscribe again nor would I recommend anyone to do so. They only care about getting your money. I honestly feel ripped off and helpless because they have my card information and are just going to autocharge it and there's nothing I can do. Well my only recourse will be to call my credit card company and report it but this is just not right!

Yes they will start charging you immediately even though they said they don't do that. These guys are just a bunch of scammers. And they send a lot of junk mails too along the way so you wouldn't realize that they actually charging you for those sh"ts. I don't know how the regulators haven't shut them down. Worst bunch of pseudo-newsletter ever. Stay away from them. I still have an outstanding issue with them as they owe me a full refund for those unlawful, unauthorized subscriptions.

Zacks offers a 30 day trial without automatic renewal (I was
Careful to check that), but in fact they do start charging your
Credit card and while they will refund you for 3 months automatically
When you find out, if you miss seeing charges past 3 months, which I
Did, they will not refund you those charges. What is worse, is they
Do not provide real trade information, it is just "fantasy
Picks" by in-house guys and include low volume stocks so risky
In terms of getting out. Once I saw that I never used it again. For
Me they were running on the reputation of Zacks earnings estimates
Which are real and used by Nasdaq.com,
But are evidently made by a separate Zacks division. Total waste of
Time and money for me, but I bet they are making money off of this
Scheme.

White trying out their Zacks Ultimate package for a year, I realized most of the advice on Buys are extremely bad timing. Actually, once I started doing opposite their advice I started regaining my losses following their picks. The advice they give is desperate, most of their picks lose 10% to 35% or greater within the first month and then they call to sell the position. This cycle repeats over and over. If you want your portfolio cut in half or less, follow these guys. I have been able to recover my losses by doing opposite their picks.

Pure momentum based 'research' based on earnings growth. You can get some ideas from them: their star rankings can be useful if you read them not as recommendation to buy, but as what they are: the 'best' rated stocks are the ones that have experienced the best earnings growth over past few quarters. Prices are high on these stocks they can continue going up or come down even faster (typically), if the optimism is broken.
Don't go for their 'buy, buy, buy" mantras, do your research..

I tried zacks for a while... they had a couple of decent stock picks. Overall, too much information. Their outlook on their picks change too frequently... so be sure to do your research before diving into one of their picks. One week its a strong buy... next week its neutral.