The Best Excel Stock Add-In [Stock Fundamentals & Live Data]

excel stock add-in

Are you looking for the best Excel stock add-in to get stock fundamental and real-time data? Look no further than the Wisesheets! This powerful add-in makes it easy to get the data you need right in your Excel spreadsheet. In this tutorial, we will show you how to use Wisesheets to get real-time stock quotes and analyze stock fundamentals. Let's get started!

Introducing the best Excel stock add-in for getting stock fundamental and real-time data: Wisesheets!

Wisesheets is a powerful Excel add-in that makes it easy to get all the stock data you need right into your Excel spreadsheet. With Wisesheets, you can get real-time and historical stock data, including price, financials, dividends, key metrics, and more.

From getting all stock financials and key metrics for a particular company in one click to being able to analyze companies any way you'd like via the Wisesheets custom Excel functions, the add-in makes your investment process a breeze.

Rather than only being able to analyze a few stocks at a time, you can analyze hundreds of stocks at once, allowing you to find more stock investment opportunities faster.

Below you will learn how to use the add-in depending on your investment analysis needs.

The different features of the Excel stock add-in and how they can help you make better investment decisions

Statement dump

This function allows you to analyze stocks at a deeper level faster. By simply entering the company's ticker or name, you can select annual or quarterly data and get the stock's income statement, balance sheet, cash flow statement, key metrics, and growth metrics in different tabs of your spreadsheet instantly.

Excel stock add-in

This allows you to identify trends and create reports and visualizations that allow you to generate high-level insights about a stock.

WISE function

Instead of getting a lot of stock data at once, you can get only the data you want and build any type of stock model, such as a DCF or screener, right on your spreadsheet. This works by entering the company ticker, parameter, and period into the function, and Wisesheets handles the rest.

Stock valuation Excel

This allows you to compare hundreds of companies across fundamentals and key metrics in one view.

WISEPRICE function

The WISEPIRCE function provides you with key stock data such as dividend payments, historical price data, and real-time price data. By entering the ticker and parameter, you can get started getting real-time stock data for 50,000+ stocks and ETFs worldwide. Then, whenever you'd like, you can press the refresh button, and the data will automatically refresh for you.

Excel real-time stock data

With this function, you can track thousands of stocks simultaneously and find investment-worthy opportunities leveraging dividend data, historical price data, and real-time stock information.

Wise Templates

Knowing how to make the most of the WISE and WISEPRICE functions and applying them in Excel can take some time. Using Wise templates, you can find pre-made stock templates that you can use immediately. So whether you are looking to compare companies across key metrics, perform a DCF, track many stocks in real-time, analyze historical dividend payments or visualize company fundamentals, you can do it in one click by firing up a template.

Excel stock templates

Once you select the template of your choice, you simply change something like the company ticker and automatically see the template update with all the data you need.

Examples of how to use the stock data to improve your portfolio's performance

Compare hundreds of companies across key metrics

Using the WISE and WISEPRICE functions, you can compare hundreds of companies across the key numbers that matter to you in one view.

Wisesheets screener

From here, you can quickly identify companies worth looking into at a deeper level and make better stock investments faster.

Visualize key historical fundamentals

Using services like Hyperchats is no longer necessary with Wisesheets; you can get all the stock data you need and visualize it using the power of Excel graphs. The best part is that you can customize the graphs and the data to suit your specific needs and investment style.

excel stock charts

Better yet, you can use the hypercharts template available on Wise templates, so all you need to do is change the ticker or make a few modifications to get started.

Value companies faster than ever

Apply your favorite valuation method, such as a DCF, earnings power value model, etc., to any company you'd like. Once you have your model set up, all you have to do is change the assumptions and the ticker, and you will get the model results instantly.

Earnings power value spreadsheet

Furthermore, you can use the DCF and earnings power value model templates, so you don't have to build your own from scratch.

How to get started with the add-in and begin analyzing your favorite stocks?

  1. Create a free Wisesheet trial account here.
  2. Download the Wisesheets add-in on Excel or Google Sheets
  3. Use statement dump, the WISE and WISEPRICE functions, or Wise Templates to perform any type of stock analysis you wish
  4. Enjoy the benefits of being able to analyze more companies faster

The pros and cons of using an Excel stock add-in compared to other investment tools

There are many investment tools available on the market today. Some people prefer to use Excel stock add-ins, and others prefer to use web or desktop applications. Each has its own set of pros and cons that should be considered before making a decision.

An Excel stock add-in has the following pros:

  • You can get started quickly and easily
  • It is very affordable
  • You can customize it to suit your specific needs
  • You can use it for a variety of different tasks

The cons of using an Excel stock add-in are:

  • It can be difficult to find the right one for you
  • There is a learning curve involved in using them effectively
  • They often don't include other information such as news etc.

At the end of the day, it is up to you to decide which investment tool is right for you. If you are looking for a quick and easy way to get started with stock analysis, then an Excel stock add-in may be a good option for you. However, if you are looking for a tool that provides you with other information beyond numbers, you may consider using both. Whichever tool/s you choose, ensure that it meets your specific needs and that you are comfortable using it.

Conclusion

In conclusion, the best Excel stock add-in is Wisesheets. It is very affordable, customizable, and easy to use. It also includes a variety of different templates that you can use for different tasks. So, if you are looking for an Excel stock add-in, I would highly recommend giving Wisesheets a try.

I hope you found this blog post helpful. If you have any questions or comments, please feel free to leave them below. I would love to hear from you!

Happy investing!

Hello! I'm a finance enthusiast who fell in love with the world of finance at 15, devouring Warren Buffet's books and streaming Berkshire Hathaway meetings like a true fan.

I started my career in the industry at one of Canada's largest REITs, where I honed my skills analyzing and facilitating over a billion dollars in commercial real estate deals.

My passion led me to the stock market, but I quickly found myself spending more time gathering data than analyzing companies.

That's when my team and I created Wisesheets, a tool designed to automate the stock data gathering process, with the ultimate goal of helping anyone quickly find good investment opportunities.

Today, I juggle improving Wisesheets and tending to my stock portfolio, which I like to think of as a garden of assets and dividends. My journey from a finance-loving teenager to a tech entrepreneur has been a thrilling ride, full of surprises and lessons.

I'm excited for what's next and look forward to sharing my passion for finance and investing with others!

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