The Best Stock Screeners

Best Stock Screener

There are thousands and thousands of companies in the world, but only a few of them actually make for good investments. It can be hard to determine which stocks are the right ones. Stock screeners, however, can significantly help us narrow down the list. The quality of stock screeners varies greatly – that is why we have searched for the best stock screener out there.

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What is a stock screener good for?

A stock screener allows you to filter between stocks in order to find the most interesting stock opportunities. You can set specific criteria which the stock has to fulfill in order to be displayed on the result page. Do you want to look for the stocks that have changed today the most? Or perhaps for the stocks that will publish their earnings reports this month? Or stocks with P/E multiples under 10? With a stock screener, you can do all of that and much more…

The following selection of stock screeners is not random. When selecting the best stock screeners, we focused primarily on their usability, functionality, and cost. They also had to offer extensive criteria to filter for both fundamental and technical analysis.

The Best Stock Screener - Winner: Finviz.com – Simple, but very effective – FREE

As the #1 best stock screener out there, I chose Finviz. Their stock screener is very simple, clean and yet it offers almost every important feature we need from a stock screener. Using this tool, we can filter out stocks by market cap., dividend yield, average volume, or by over 50 other aspects. Given the fact it’s completely free to use, this is the real deal.

When you visit the Finviz website, head for the “screener” tab to test out the stock screener. Once you find the list of your desired stocks, you can click on the name of any stock and a separate page will open. Here you can find all information about the selected company along with charts and news. The news is from high authority pages such as thestreet.com, marketwatch.com and they update whenever a new article about the stock is published. It’s also a great source of news basically about any stock. If you are not certain how to use it, you can check this Finviz guide, which will help you to identify the best stock opportunities. 

Best Stock Screener

Runner-Up #1: StockRover – Stocks and other assets – FREE

The second spot for the best screener belongs to Stockrover. To find the stock screener, click the “markets“ tab in the top menu. It has lots of functions and features from which any stock investor can benefit. You can track, for example, which stocks are bought by which hedge funds or you can create your own custom screens. Similarly to Finviz, with StockRover you can also look for stocks either via your fundamental or technical setting. Apart from stocks, investors can also filter in other trading instruments, including: bonds, commodities, and ETFs. Most features are free, but after a while you are required to at least register a free account. This account will allow you to use most of the stock screener’s functions.

Best Stock Screener

Runner-Up #2: Paststat.com – Extensive setup options – but not for free

This stock screener offers so many options that you probably won’t know what to choose first. Do you want to search for every stock that has bearish MACD crossover? Or for stocks that crossed ADX indicator in a downtrend and above 50? With Paststat you can.

Decide which setting is important for you and set up the stock screener exactly how you want it. You can also let yourself be inspired by the left menu, where the performances of stocks are sorted out by a certain time period. Choose, for example, 1 month performance % and see how many and which stocks have changed by +10%, +20%, +30%, +40%, +50% or by -10%, -20%, -30%, -40%, -50%. StockRover is one of the best stock screeners out there, but unfortunately it is paid, so it comes as the third best option when choosing a stock screener. Taking advantage of this stock screener is possible every day for 5 searches without any charge; if you want to use it regularly you have to create an account and pay every $99/month.

Article by Vintage Value Investing

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About the Author

VintageValueinvesting
Ben Graham, the father of value investing, wasn’t born in this century. Nor was he born in the last century. Benjamin Graham – born Benjamin Grossbaum – was born in London, England in 1894. He published the value investing bible Security Analysis in 1934, which was followed by the value investing New Testament The Intelligent Investor in 1949. Warren Buffett, the value investing messiah and Graham’s most famous and successful disciple, was born in 1930 and attended Graham’s classes at Columbia in 1950-51. And the not-so-prodigal son Charlie Munger even has Warren beat by six years – he was born in 1924. I’m not trying to give a history lesson here, but I find these dates very interesting. Value investing is an old strategy. It’s been around for a long time, long before the Capital Asset Pricing Model, long before the Black-Scholes Model, long before CLO’s, long before the founders of today’s hottest high-tech IPOs were even born. And yet people have very short term memories. Once a bull market gets some legs in it, the quest to get “the most money as quickly as possible” causes prices to get bid up. Human nature kicks in and dollar signs start appearing in people’s eyes. New methodologies are touted and fundamental principles are left in the rear view mirror. “Today is always the dawning of a new age. Things are different than they were yesterday. The world is changing and we must adapt.” Yes, all very true statements but the new and “fool-proof” methods and strategies and overleveraging and excess risk-taking only work when the economic environmental conditions allow them to work. Using the latest “fool-proof” investment strategy is like running around a thunderstorm with a lightning rod in your hand: if you’re unharmed after a while then it might seem like you’ve developed a method to avoid getting struck by lightning – but sooner or later you will get hit. And yet value investors are for the most part immune to the thunder and lightning. This isn’t at all to say that value investors never lose money, go bust, or suffer during recessions. However, by sticking to fundamentals and avoiding excessive risk-taking (i.e. dumb decisions), the collective value investor class seems to have much fewer examples of the spectacular crash-and-burn cases that often are found with investors’ who employ different strategies. As a result, value investors have historically outperformed other types of investors over the long term. And there is plenty of empirical evidence to back this up. Check this and this and this and this out. In fact, since 1926 value stocks have outperformed growth stocks by an average of four percentage points annually, according to the authoritative index compiled by finance professors Eugene Fama of the University of Chicago and Kenneth French of Dartmouth College. So, the value investing philosophy has endured for over 80 years and is the most consistently successful strategy that can be applied. And while hot stocks, over-leveraged portfolios, and the newest complicated financial strategies will come and go, making many wishful investors rich very quick and poor even quicker, value investing will quietly continue to help its adherents fatten their wallets. It will always endure and will always remain classically in fashion. In other words, value investing is vintage. Which explains half of this website’s name. As for the value part? The intention of this site is to explain, discuss, ask, learn, teach, and debate those topics and questions that I’ve always been most interested in, and hopefully that you’re most curious about, too. This includes: What is value investing? Value investing strategies Stock picks Company reviews Basic financial concepts Investor profiles Investment ideas Current events Economics Behavioral finance And, ultimately, ways to become a better investor I want to note the importance of the way I use value here. It’s not the simplistic definition of “low P/E” stocks that some financial services lazily use to classify investors, which the word “value” has recently morphed into meaning. To me, value investing equates to the term “Intelligent Investing,” as described by Ben Graham. Intelligent investing involves analyzing a company’s fundamentals and can be characterized by an intense focus on a stock’s price, it’s intrinsic value, and the very important ratio between the two. This is value investing as the term was originally meant to be used decades ago, and is the only way it should be used today. So without much further ado, it’s my very good honor to meet you and you may call me…

1 Comment on "The Best Stock Screeners"

  1. Thanks for the review! I haven’t heard of Paststat before. I use stock screener from Wallmine. It has great filters and it is relatively easy to use. It is new and I expect new features so I decided to transfer my Yahoo portfolio to Wallmine

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