Stock screeners are tools used by investors to filter stocks and ETFs based on their personal criteria. They are typically free but some have paid options. They assist in finding investment options that align with specific trading strategies.
Utilizing a stock screener
Prior to using a stock screener, determine your investment goals and preferred instruments. Then familiarize yourself with the features of the screener.
Short-term traders can use technical tools such as charts, alerts, and various studies provided by the screener. Alerts for price levels or signals can be set for specific stocks or ETFs.
Long-term investors can find fundamental data like EPS, volume, and market cap useful for creating a portfolio with a long-term perspective.