Looking for stock trading ideas? Join 6000+ traders in the #1 community for stock traders/investors. Click Here to See if you Qualify.
Thousands of companies are publicly traded on the stock market at any given moment. It is challenging for investors to pick and trade stocks independently, thanks to the number of listed companies. As a result, many people resort to costly stock brokers and professionals who are well equipped with the best technical resources and a deep bench of analysts to help them with investment ideas. But you can avoid this if you have access to a quality stock screener that can do the same work.
Stock screeners are a powerful tool that can sift through thousands of stocks in seconds. These stock equities could be listed in the US or anywhere else in the world. A stock screener can identify the best stocks that meet the specific criteria and investment strategy that you want to deploy. They can be used to filter for undervalued value stocks, tech stocks, growth stocks, high dividend stocks, and can even be used by day traders. When you use a good stock screener, you can narrow your investment choices and invest in stocks that can provide you with market-beating returns.
5 Best Stock Screeners For Stock Traders & Investors In 2022
Best Stock Screeners
If you are into stock investing and looking for good stock screeners, then you can check these out:
If you are a day trader for whom market timing is critical and require a screener that can provide you with superfast information, then go for Trade Ideas Pro. This scanner is equipped with powerful high-end technology with data centers near the stock exchange and can provide accurate real-time stock market data. Its AI (artificial intelligence) channel algorithm automatically scans the market, showing the potentially most profitable stocks in real time. Notably, the market’s benchmarks have been shattered previously by its AI-backed trading software many times.
By opting for the TI Pro stock, traders can scan through all the premarket movers and identify gaps, low float stocks, high relative volume, and other trade alerts. Besides, its advanced features like the integrated backtesting interface, the brokerage API for brokers like E-Trade and Interactive Brokers, and automated trading capabilities will help them improve their day trading experience to a large extent. Further, traders can visit their free trading education classes and stock chat room to enhance their knowledge.
The Nasdaq stock screener powered by Zacks is one of the best online stock screeners. It houses a massive set of free stock screening tools that enables stock traders to analyze financial data. The Zacks screener comes with multiple filters and screening criteria for stock ratings, upgrades, downgrades, or specific rating changes. Besides, it lets the traders enter a custom value or range of values for its screening filters rather than simply providing a drop-down list of present ranges. As a result, stock traders can expect far more precision in their stock screening results.
The most popular criteria Zacks offers is the earnings-per-share (EPS) search criteria. Traders might delve into EPS surprise percentages that include the last EPS surprise, previous EPS surprises, and the average EPS surprise from the previous four quarters. This helps them to analyze the actual earnings growth accurately. Moreover, it also enables saving the search settings and exporting the results to spreadsheets for further technical or fundamental analysis. The entire trading process becomes much more convenient.
3. Benzinga Pro
Investors looking for a one-stop destination for all the stock market-related information may go for Benzinga Pro. It is a comprehensive, all-in-one trading platform where traders can find a range of trading tools, such as real-time charting and a massive range of technical indicators, screening criteria, and alert options.
Its impressive features, like the full calendar suite, include information about upcoming earnings reports, revenue announcements, and other events and are of immense importance for active traders. The news updates are delivered seconds apart so that the trader never misses the market movements that can affect his bottom line. Moreover, another unique feature called Audio Squawk even goes down to the extent of reading the day’s key highlights for the investor to save time.
All this makes Benzinga one of the top analysis platforms for serious traders who want to read between the lines while framing their trading strategies.
If you are a new investor confused about which asset to trade at what time, Black Box stocks is ideal for you. The platform screams excellence. Its stock screener uses a proprietary algorithm for displaying the ten hottest gainers and decliners of the day. Besides, there is also a premarket scanner and a post-market scanner using which stock traders can scan for any US-listed stocks, whether they are large-cap, mid-cap, or small-cap. Moreover, Black Box stocks has a trading chat room for stock traders. It also hosts free education events in which real traders educate the community in diverse trading and investment styles.
5. Trend Spider
TrendSpider is an excellent trading software renowned for its automated technical analysis. Notably, this ideal platform can search in any timeframe from 1-minute to 1 month. Based on the technical criteria, this market scanner generates dynamic watchlists for the investors while letting them discover their trade setup based on flexible scans or the 20 built-in scans already provided.
There are other essential tools as well. Trend Spider comes with a powerful charting and stock analysis package and a dynamic alert system. Moreover, multiple timeframes on this scanner can be combined for multi-timeframe analysis. Investors can also use this platform to perform backtests or pattern recognition analyses.
The stock screeners mentioned above are the most popular ones in the market, and many investors rely on them. They all have individual qualities and can offer exceptional service depending on your requirements. So, if you are a trader looking for a tool to make your trading journey easier, you can go for any of them.
This Options Discord Chat is The Real Deal
While the internet is scoured with trading chat rooms, many of which even charge upwards of thousands of dollars to join, this smaller options trading discord chatroom is the real deal and actually providing valuable trade setups, education, and community without the noise and spam of the larger more expensive rooms. With a incredibly low-cost monthly fee, Options Trading Club (click here to see their reviews) requires an application to join ensuring that every member is dedicated and serious about taking their trading to the next level. If you are looking for a change in your trading strategies, then click here to apply for a membership.