Stock screeners can make your trading process more efficient. With thousands of stocks listed on world-renowned exchanges, the screener can help you eliminate the clutter from your stock portfolio. You can filter stocks based on performance, financials, and ratings. Stock screeners can also help you find dividend-paying stocks.
Free stock screeners come with ads
The free stock screener is not without its drawbacks. You may not be able to access individual stock data. For example, if you click on the symbol of a company, you’ll see a pop-up for the premium version. In the premium version, however, you’ll be able to get fundamental data, news, analysis, and stock charting. You can even export your results to a spreadsheet to analyze the results further.
Another free stock screener is TradingView. It is a great platform for technical analysis and charting. Unlike most other stock screeners, it has access to over 70 exchanges worldwide. This is particularly useful for international investors who need access to stock exchange data from different countries.
Paid stock screeners come with better benefits
Compared to free stock screeners, paid screeners offer more benefits. You can save time, and they can narrow down your options to a manageable group. Some screeners can also be incredibly useful if you’re trying to make money in the stock market. They can even backtest your investing strategy for you without putting your money at risk. This can help you feel more confident about your investment decisions.
Paid stock screeners usually include a bigger database. These databases can include hundreds or thousands of stocks. It’s almost impossible to research all of them manually. You’ll need to look at financial statements, multiples, ratios, and historical growth prospects.
Find dividend-paying stocks
A stock screener can help you find dividend-paying stocks based on a variety of factors. For example, you can use the current ratio of a company to determine whether or not it is likely to increase its dividends in the future. The current ratio measures the current assets of the company and the current liabilities. When the ratio is lower than 1, the company is more likely to grow its dividend in the future. Companies with a high dividend payout ratio tend to outperform their peers. Another important metric is the debt-to-equity ratio (DTE). If the ratio is high, a company is highly levered and has a greater amount of debt than equity. It is best to select companies with a low debt-to-equity ratio.
Using a stock screener to find dividend-paid stocks is a simple and quick way to find a variety of dividend-paying stocks. Dividends are simply a percentage of a company’s profits that it pays to its shareholders. Dividend screeners can help you find companies with high dividend yields and solid balance sheets.
Save screens
Using a Stock Screener is a good way to find stocks to invest in without having to spend a ton of time. There are many different options available for stock screeners, but you should always choose one that is tailored for your investment needs. The database size, functionality, and cost of a Screener are all important considerations. Some of the best options are free online screeners, such as Finviz and Zacks Investment Research. Other options include more sophisticated programs like Morningstar’s Premium Screener and GuruFocus. Downloadable programs such as Stock Investor Pro and Equities Lab are also available.
Summary:
Stock Screener has a built-in feature to save screens. You can access your saved screens from the Saved Screens tab. Once there, you can edit them and apply filters. You can also delete them. However, if you delete them, you will not be able to get them back. Another useful feature is the Share command, which adds your saved screen to the public domain. This means that it can be viewed by any user. Shared screens will be highlighted in teal/green.