A Quick Overview of a Stock Screener to Know About
Quickly sort for your next potential investment opportunities
A stock screener is a set of tools that allow investors to quickly sort through thousands of stocks and exchange-traded funds (ETFs) according to the criteria that they select. In becoming more understanding of the stock market and investing, you decide that it is time for you to elevate into utilizing your specific criteria to select your next potential long-term investment. When it comes to stock screeners, my favorite is FINVIZ.
FINVIZ, short for Financial Visualizations, is a free stock market data website that provides financial analysis, research, and data visualization. One of the key features of the website is its Screener. In navigating to its Screener, you will be showcased a page where you can select different filtration options across the tabs of Descriptive, Fundamental, and Technical.
Under the Descriptive tab, you can select descriptive filters to narrow down on the stocks and ETFs such as exchange, market cap, sector, and current volume. Under the Fundamental tab, you can select fundamental indicators to narrow down your selection, such as P/E, Return on Equity, EPS growth quarter over quarter, and Net Profit Margin. Finally, under the Technical tab, you can select technical indicators to further narrow down your selection, such as where a stock’s price is relative to its 200-Day Moving Average, its RSI value, its current Chart Pattern, and its current Candlestick.
The great thing about the FINVIZ Screener is that you can create a free account and save your specific screening criteria for free. FINVIZ does offer a premium subscription called FINVIZ*Elite, where you get additional features such as Backtesting, Correlations, and Advanced Screener features like statistics and data exports. Let me know what you think about FINVIZ or if you have a different stock screener that you enjoy using!