BMO InvestorLine adds resources for DIY investors

The recent surge in online investing has created “significant demand” for features that inform investors, BMO says

man using mobile phone

Toronto-based BMO InvestorLine launched a new feature on Tuesday to help online investors choose investments.

AdviceDirect Preview allows investors to build a watchlist of their favourite stocks and other securities, get a health check on their current portfolio and access a variety of articles, videos and reports on investing.

AdviceDirect also features a “trading ideas centre” that considers five key areas — growth compounders, improving fundamentals, income stocks, new 52-week highs and recent ratings upgrades — to generate trading ideas for investors.

“The rapid growth of online investing is driving significant demand for advice and digital features which empower investors to make more informed decisions,” said Silvio Stroescu, head of InvestorLine with BMO Financial Group, in a statement.