Use the comparison tool below to compare the top Stock Screeners on the market. You can filter results by user reviews, pricing, features, platform, region, support options, integrations, and more.
A stock screener is an online tool that allows investors to quickly search through large amounts of stocks and narrow down their list of potential investments. It is a valuable tool used by traders and investors to identify stocks that meet certain criteria, such as price/earnings ratio, market capitalization, dividend yield and sector. With a stock screener, it's possible to quickly filter out stocks with potentially low returns while also discovering new ones with promising potential.
Stock screeners are used to analyze different financial data points such as share price, earnings per share (EPS), the number of outstanding shares, debt-to-equity ratio, return on equity (ROE) and book value. Investors can also use the screener for technical analysis such as trend lines or moving averages. The data within the screener can be customized according to the user’s preferences in order to produce more tailored results.
Using various indicators combined with financial data from public companies, stock screeners help identify companies fitting certain criteria. For example, a beginner investor may want to look for companies with high ROE values or those paying dividends regularly; an advanced investor may want to examine growth rates over time or patterns in insider trading activity.
Stock screeners are available both independently online and through brokerages’ websites where users pay either a one-time fee or purchase subscriptions for access. Most commission-free brokerages offer free screening tools linked directly into their sites but these are often limited compared to independent sites which have much larger databases covering greater numbers of stocks from around the world – including global exchanges – and can provide more detailed information about each company listed in their database. In some cases, these independent services come with additional features such as alerts so users can receive notifications when specific conditions attached to an investment portfolio have been met; news feeds related to specific stocks; charts for visualizing performance over time; and analyst ratings on select companies.
Stock screeners are extremely important tools for investors and traders alike. They allow users to quickly scan through thousands of stocks in order to find those that meet their specific criteria, such as particular financial metrics or desired performance trends. By utilizing these powerful tools, investors can rapidly identify potential stocks that may provide exceptional returns on their investments.
Screeners are especially useful for long-term investors who may be looking for stocks that fit certain parameters over a lengthy period of time. For example, a stock screener can be used to filter out all stocks that have achieved double-digit growth over the last five years or any combination of data points relating to sustainability, liquidity, revenue growth and more. This makes it easy to quickly evaluate companies and narrow down the selection when attempting to build a diversified portfolio with an appropriate balance between risk and reward.
Moreover, stock screeners can also facilitate day trading by helping locate quick profits from intraday price movements in volatile securities or momentum plays where a rapid jump in share value has been identified. In this case, the screener would assist by filtering out only those stocks with certain characteristics such as high volume tendencies and/or common technical indicators like moving averages or MACD crossovers signaling a possible break-out opportunity. Such flexibility allows traders and individual investors alike the ability to customize according to their own goals and approach allowing for greater precision and increased odds of success in selecting potential trades.
Overall, stock screening is an invaluable tool available today that allows users great flexibility when making investment decisions regardless if they’re intending on taking short-term gains or stabilizing long-term portfolios. From analyzing complex financials at scale to pinpointing explosive market opportunities, screeners will undoubtedly continue being an essential part of modern investing strategies well into the future.
The cost of stock screeners can vary widely depending on the features you're looking for and the level of service you require. Basic stock screeners are often offered as part of a broker's research suite, while more advanced offerings usually carry a fee ranging from $9.99 per month to upwards of $100 per month. Other factors, such as the reputation and experience of the provider, may also contribute to the cost of a stock screener subscription.
For those with little or no trading experience, services like Finviz offer free access to their basic tools via browser-based platforms equipped with upto-date metrics and data driven analytics which can help narrow down potential stock investments. For more seasoned traders, premium offerings from providers like Trade Ideas have specialized algorithms that focus on real time market trends at a higher resolution in order to uncover hidden opportunities that would normally be missed by conventional analysis methods.
Ultimately, there is no single answer when it comes to selecting an appropriate stock screener that meets your financial goals and objectives. However, whatever service you choose should provide comprehensive data insights into individual stocks as well as broader economic movements so that informed decisions can be made with confidence along every step of your investment journey.
Software developers have created a variety of software types that integrate with stock screeners. These include desktop applications, web-based applications, and mobile applications. Desktop applications are programs that can be installed on computers and typically provide additional features such as trading capabilities or charting features. Web-based applications, also known as cloud-based software, run in web browsers and are accessible from any device with an internet connection. Mobile applications are designed to work on smartphones and tablets and offer similar features to desktop and web versions. All forms of software offer the ability to integrate with stock screeners by interfacing with brokerages or data providers, allowing users to automate their screening criteria for stocks in order to identify potential investments.