The 6 Best Stock Screeners for Investors and Stock Analysts in 2023
Hey there, fellow market enthusiasts! Exciting times are ahead as we navigate through the hustle and bustle of the stock market and find our top picks for the best stock screeners in 2023. If you've been looking for that perfect tool to help you narrow down the ocean of stocks to the select few that align with your investing goals, this one's for you. Let's set the stage for the fabulous six screeners that are about to make your investing journey a lot smoother.
What is a Stock Screener and Why Do You Need One?
Here's the deal: a stock screener is your digital sidekick in the investing world. It's the superhero that swoops in and rescues you from the daunting task of sifting through thousands of stocks. You set your criteria - like industry, market cap, or P/E ratio - and it serves up a curated list of stocks that meet those requirements. It's like having a personalized shopping list for your investment grocery store!
Now, some of you may be wondering about stock scanners. Are they the same? Not quite, my friends. Stock scanners are more of a real-time radar that alerts you to stocks that meet certain conditions right at that moment. They're perfect for short-term traders looking to jump on a hot trend. In contrast, a stock screener is your strategic partner for longer-term investment planning. That's what we're focusing on today.
The Need-to-Know Basics Before Choosing a Stock Screener
Before we dive into our top picks, it's crucial to know what makes a great stock screener. Key factors to look out for are a wide range of searchable criteria, many stocks, long fundamental data history, user-friendly interface, backtesting and customizability, among others. Remember, your stock screener should match your investing style and make your life easier, not complicate it further.
In addition, your unique requirements will determine if a free stock screener or a paid stock screener is the most suitable for you.
Our Top Six Stock Screeners for 2023
Coming up next, we're going to explore the six best stock screeners of 2023 that have proven themselves to be standout performers. From impressive features to the ease of use, these screeners have won us over with their individual strengths. So get ready for a thrilling ride as we journey into the world of top-notch stock screening tools. Let the adventure begin!
Six popular stock screeners for stock investors
Now that we have explained how stock screeners work and what added value they offer stock investors, we would like to describe the screeners from leading providers on the market. In the following sections, we present six popular stock screeners in detail.
Diving right in, the first stop on our journey is TradingView, a titan in the stock screening landscape. TradingView has earned its reputation through its extensive range of investment opportunities - from stocks and ETFs to cryptos, and more. The platform is particularly cherished for its global reach, covering securities from over 130 exchanges worldwide. This makes TradingView an excellent choice for investors looking to spread their wings in international financial markets and build a diversified global portfolio.
TradingView provides a comprehensive arsenal of over 100 fundamental and technical data points, which you can fine-tune to your heart's content. Its impressive visualisation of company key figures and price development is noteworthy. The platform's analysis capabilities increase as you transition from the free access to the paid versions.
Moreover, TradingView houses an active community of millions of users, creating a vibrant space for exchanging insights, ideas, and experiences.
Starting with TradingView is as easy as pie. You can test the waters with their 30-day free trial before deciding on a subscription plan. After the trial, you have the option to either stick with the free "Basic" version or upgrade to a paid subscription.
There are three subscription tiers: "Pro", "Pro+", and "Premium", which come with both monthly and annual payment options. The annual plans offer a 16% discount. The Pro version, priced at $14.95 per month, includes five indicators per chart and allows for two charts in one layout - perfect for a quick investment overview.
The Pro+ version for $29.95 per month expands on the Pro features with intraday charts, making it a catch for day traders, and also allows for chart export to other programs. Meanwhile, the Premium version, at $59.95 per month, quadruples the number of usable indicators in a chart and permits an unlimited number of saved charts. For real-time stock or futures data, you can add it to your TradingView account starting from the Pro version for an additional fee.
Pros & Cons
A wide array of investment opportunities
Covers securities from over 130 exchanges worldwide
Over 100 customizable fundamental and technical data points
An active user community for exchanging insights
Real-time data access comes at an extra cost
Free version has limited features
Backtesting does not allow to test whole portfolios with multiple securities
TradingView's combination of extensive investment options, customization capabilities, and an active community makes it a standout choice for both novice and experienced investors. If you're looking for a comprehensive tool that delivers on both breadth and depth, TradingView might just be your perfect match.
Launched in February 2023, SimFin Analytics, a company previously recognized for supplying fundamental data via API or bulk download, unveiled a sophisticated new stock screener. This new entrant has quickly caught the attention of investors due to its comprehensive suite of features and impressive functionalities.
Users can start with the FREE version of SimFin. SimFin's stock screener stands out by allowing users to filter stocks based on over 70 metrics and indicators. Users can create unique investment strategies by defining conditions and assigning weightings to various criteria. It even includes a feature to create "custom indicators," broadening the range of metrics available.
The screener returns a list of stocks that meet the user's criteria, and each can be ranked based on an overall score. The scoring system helps to quickly identify top-performing stocks. You can view the historical trend or statistical position of each defined criterion directly in the screener as a line chart, scatter plot, or box chart.
SimFin offers a robust community feature, creating a space where users can actively engage with one another. This includes the ability to view, rate, comment on, and even duplicate the portfolios of other users. This interactive environment not only fosters the sharing of investment ideas but also enables expert analysts to build their reputation and establish their authority within the community. This synergy, coupled with insightful discourse, promotes a dynamic learning atmosphere and fosters an exchange of diverse investment perspectives.
The highlight of the SimFin stock screener is its backtesting capability, available even in the free version. Users can backtest an entire dynamic portfolio, even if your complex strategy includes dozens of stocks.
Even TradingView does not offer such a feature (you are restricted to single securities). With an easy to start backtest you can estimate the potential profit or loss of a hypothetical investment. You can test against a data history of the last 23 years, even including the financial crisis and the Covid-19 drawdown. It supports daily, weekly, and monthly rebalancing intervals for backtesting. Despite the backtest includes dozens of stocks, the backtest result is there in a few seconds.
In addition to a FREE version that already includes a robust suite of analytical tools, SimFin offers a range of paid options to accommodate varying investor needs. Therefore, we regard SimFin as the best free stock screener in 2023.
The START version is available at an affordable $15 per month (billed annually), providing users with an impressively swift data connection capable of executing even complex backtests within mere seconds. For monthly payment, the subscription fees are 40% higher.
For those looking to delve deeper into historical trends, the BASIC package, priced at $35 per month (billed annually), grants access to 15 years of historical data for more than 5,000 North American stocks. Investors seeking an even broader data horizon can opt for the PRO version, priced at $71 per month, which unlocks more than 20 years of financial history.
SimFin is on an ambitious expansion path and aims to broaden its database to encompass European exchanges by the end of 2023, which will increase its coverage to around 10,000 stocks, offering a comprehensive array of options for global investors.
Pros & Cons
More than 5,000 stock covered
Over 70 metrics and custom indicators for detailed stock screening
More than 20 years of fundamental data, ratios & metrics
Ability to backtest complex strategies (even with dozens of stocks), even in the free version
Plans to include European stock exchanges, broadening its coverage
Unparalleled transparency of data, with links to original annual reports
Currently limited to North American stock exchanges, although European exchanges are coming soon
SimFin's entry into the stock screener arena brings a compelling new tool to investors. Its strong focus on user-defined metrics and strategy backtesting, combined with its commitment to data transparency, makes it an appealing choice for professional investors who prioritize high-quality data. With planned expansions on the horizon, SimFin is poised to become a strong contender in the stock screener market.
Given its numerous features and proprietary data usage, we regard SimFin as the best stock screener for 2023 for both free and paid stock screeners.
3. Trade Ideas
As we continue to explore the best stock screeners in the market, our next stop is Trade Ideas - a solution revered by many investors and traders for its cutting-edge technology and advanced capabilities. Designed for the modern investor, Trade Ideas caters to individuals seeking more than just a basic stock screener.
Image Source: stockscreenertips.com
One of Trade Ideas' standout features is its artificial intelligence-based tool, HOLLY, which sifts through the market to find high-probability trading opportunities. Beyond basic screening, this platform boasts advanced tools like backtesting, automated trading, and real-time analytics, making it a comprehensive tool for serious traders.
Trade Ideas also prides itself on its extensive library of pre-built strategies, customizable scans, and real-time trade alerts. Furthermore, it offers a detailed charting system and comprehensive analytics to help you make informed decisions.
Although Trade Ideas does not offer a free version of its software, you can test the waters with a demo version before committing to a subscription. They offer two primary subscription options: Standard and Premium.
The Standard subscription, priced at $118 per month or $1,068 annually, provides access to their core features such as the AI assistant, simultaneous charts and windows, and built-in strategies.
The Premium subscription, costing $228 per month or $2,268 annually, includes everything in the Standard package plus backtesting capabilities, automated trading, and the ability to build, test, and implement your own strategies. The annual plans offer a 27% discount.
Pros & Cons
Advanced AI-based tool for identifying high-probability trading opportunities
Offers backtesting, automated trading, and real-time analytics
Detailed charting and comprehensive analytics
Extensive library of pre-built strategies and customizable scans
No free version available
Higher pricing compared to other stocks screeners
May be overwhelming for beginner investors due to its complexity
Backtesting does not allow to test whole portfolios with multiple securities
Trade Ideas is undeniably an advanced solution for traders who want to push the boundaries of their stock screening and analytics. With its AI-based tool, backtesting capabilities, and detailed analytics, it provides the edge required to stay a step ahead in the market. For those seeking a technologically advanced solution with a multitude of features, Trade Ideas is worth considering, despite its higher pricing.
4. Stock Rover
Diving further into our exploration of the best screeners for stocks, we arrive at Stock Rover, a comprehensive tool built with the modern investor in mind. Renowned for its extensive feature set and intuitive user experience, Stock Rover offers more than just your traditional stock screening functionalities.
Stock Rover shines when it comes to its robust screener, providing more than 650 metrics for you to filter stocks to fit your investing strategy. This includes key financials, dividends, ratings, and more. Furthermore, the platform enables you to create, save, and apply custom screeners - a functionality that's a boon for investors seeking to tailor their screening process.
In addition, Stock Rover features a charting module that stands out with its level of detail and customization. Here, you can compare stocks, ETFs, and indices on a multitude of factors, and even overlay key financials on price charts.
Stock Rover offers a free version that already provides a wealth of features, but to unlock its full potential, you can choose from three subscription tiers: Essentials, Premium, and Premium Plus.
The Essentials plan, priced at $7.99 per month, offers 5 years of historical data, advanced charting, and more than 260 financial metrics. Upgrading to the Premium plan for $17.99 per month gets you 10 years of historical data, full screening capabilities, and priority email support. For the most demanding investors, the Premium Plus plan at $27.99 per month provides all previous features plus the entire library of over 650 financial metrics and powerful stock ratings.
Pros & Cons
Over 650 metrics for highly detailed stock screening (Premium Plus Version)
Ability to create, save, and apply custom screeners
Advanced charting module
Only North American stocks.
Maximum 10 years of financial data history
May be overwhelming for beginners due to the sheer number of features
Real-time data requires an additional subscription
With its impressive suite of features and detailed stock screening, Stock Rover is an excellent choice for investors who require deep analysis and customizability in their stock screening. Its flexible pricing options make it accessible for both budget-conscious investors and those seeking a more advanced toolkit. This blend of power and affordability makes Stock Rover a noteworthy contender in our lineup of the best stocks screeners for 2023.
Taking our journey forward, we now come across Zacks - a household name in the field of stock screening, and for good reason. Zacks has made a significant mark in the investing world by offering one of the most resourceful free screening tools. With its capacity to allow users to define custom criteria, Zacks aligns itself perfectly to your needs, making it a powerfully adaptive tool in your investing toolbox.
One of the standout offerings of Zacks is its comprehensive suite of features, even in the free version. It boasts a robust screening tool that gives investors the power to perform detailed analyses based on a variety of criteria. From fundamental aspects such as P/E ratios, dividend yield, and market capitalization to more sophisticated parameters, Zacks provides you with a wealth of options.
But what truly sets Zacks apart is the Earnings ESP (Expected Surprise Prediction). This unique tool helps you identify companies that are expected to have earnings differing from the market's expectations, possibly indicating future price surprises.
When it comes to cost, Zacks gives you an opportunity to access a lot of its resources for free. However, to unlock the full potential of Zacks, you have two premium versions to choose from - Zacks Premium and Zacks Ultimate.
Zacks Premium offers more research tools, exclusive expert analysis, and premium screens at $249 per year, following a 30-day free trial. For more ambitious investors looking for exhaustive insights and strategies, Zacks Ultimate provides extensive reports, recommendations, and more for $299 a month or $2,995 annually, following a $1 trial for the first 30 days.
Pros & Cons
Comprehensive free version with robust screening features
Ability to define custom criteria for personalized results
Unique Earnings ESP feature
Premium versions offer exclusive insights and research tools
Lack of advanced charting features in the free version
The Ultimate version might be too expensive for some investors
Backtesting does not allow to test whole portfolios with multiple securities
With a reputation for providing one of the best free screeners, combined with the comprehensive nature of its premium offerings, Zacks stands as a solid choice for investors of all stripes. Whether you're a beginner or a seasoned investor, Zacks has something to suit your screening needs.
In our exploration of the best stock screeners on the market, we next turn our attention to TC2000. Renowned for its extensive charting capabilities and easy-to-use interface, TC2000 is a solid choice for both novice and experienced traders.
As the only solution presented here, TC2000 does not offer a real cloud application but primarily a desktop app for Windows and Apple. The "Web Platform", which can be selected on the homepage under Downloads, is actually just a web console in which the Windows desktop app is loaded in the background. In this respect, you notice that the user elements are ultimately those of a Windows application. That's why the application doesn't always react without delays. Especially when moving internal windows, like the screener (EasyScan®), the browser needs some time to render the changed content.
TC2000 stands out with its powerful charting features, offering a broad array of technical indicators and drawing tools. With its customizable and interactive charts, traders can identify trends, analyze price movements, and map their trading strategies with ease.
Apart from the impressive charting capabilities, the screener function of TC2000 is also noteworthy. It provides a comprehensive set of fundamental and technical screening criteria, giving traders the flexibility to create precise filters. TC2000 also boasts real-time scanning, watchlists, alerts, and a custom layout feature that provides a personalized trading experience.
TC2000 provides a tiered pricing structure to cater to different trading needs. The Silver plan, priced at $9.99 per month, includes the basic functionalities, such as charting, watchlists, and alerts.
The Gold plan, available for $29.99 per month, includes everything in the Silver plan plus additional features like options strategies, extended-hours data, and easy scans.
For the most demanding users, the Platinum plan at $89.98 per month offers further advantages, including sector & industry tracking, custom conditions, and personal notes.
For annual payment, there is a discount of 17% offered. A bi-annual plan is even 25% cheaper.
Pros & Cons
Extensive charting capabilities with a wide range of technical indicators
Comprehensive set of screening criteria
Real-time scanning and alerts
Does not provide comprehensive fundamental data
Only symbols of the USA and Canadian stock exchanges are listed
No backtesting of strategies
TC2000 is a reliable and feature-rich platform that stands out, especially for its charting capabilities. While it may lack some depth in terms of fundamental data, the comprehensive technical analysis tools and robust screening options make it a good choice for traders focusing on technical strategies. With its tiered pricing structure, TC2000 provides options that can cater to a broad range of trader requirements and budgets.
In the table below, we've summarized the features, pricing, and unique selling points (USPs) of the six stock screeners previously described in detail
How to Make the Most of Your Stock Screener?
Understanding the Tool
The first step in leveraging the power of a stock screener is to fully understand the capabilities of the tool at your disposal. Familiarize yourself with the available filters, features, and functionalities of your chosen screener. Knowing how to navigate the platform and effectively use its features will allow you to streamline your stock analysis and make more informed investment decisions.
Defining Your Investment Criteria
To get the most out of your stock screener, you should have a clear idea of your investment criteria. Are you interested in high-growth companies, value stocks, or dividend-paying stocks? Do you have a preference for certain sectors or industries? The clearer your investment goals and preferences are, the more effectively you can utilize the screener to find stocks that match your criteria.
Utilizing Fundamental and Technical Filters
Screeners for stocks typically offer a mix of fundamental and technical filters. Fundamental filters might include metrics like P/E ratio, earnings growth, or dividend yield. Technical filters could include indicators like moving averages or relative strength index (RSI). By effectively combining these filters, you can narrow down the vast universe of stocks to a manageable list of potential investments that meet your specific criteria.
Running Multiple Scenarios
Don't limit yourself to running just one scenario through your screener. Consider adjusting your parameters and running multiple scenarios to identify a broader range of potential investment opportunities. This will not only provide you with more options but also help you understand how sensitive your results are to the specific parameters you've chosen.
Keeping up with Market Trends
Stay updated with the latest market trends and adjust your screening criteria accordingly. The effectiveness of certain filters can vary with changing market conditions. What works in a bull market might not work in a bear market, and vice versa.
Backtesting and Analyzing
If your screener provides the functionality, backtesting can be a valuable tool to assess the effectiveness of your screening criteria. By applying your screening criteria to historical data, you can see how your chosen stocks would have performed in the past. While past performance doesn't guarantee future results, backtesting can still provide useful insights.
By following these strategies, you can maximize the benefits you derive from your chosen stock screener, ensuring that this powerful tool serves as a crucial ally in your investment journey.
In the fast-paced world of stock investing, having the right tools at your disposal can make all the difference between success and missed opportunities. Stock screeners like TradingView, Zacks, Trade Ideas, Stock Rover, SimFin and TC2000, each with their unique features, functionalities, and pricing models, help investors and analysts filter through the noise and pinpoint potential investment opportunities that align with their strategies and goals.
We've explored the ins and outs of these six leading stocks screeners, delving into their unique features, pros and cons, and pricing structures. Whether you're a seasoned analyst or a beginner investor, understanding the capabilities and offerings of these tools can help you select the best one to suit your specific needs.
In the final analysis, remember that the effectiveness of a stock screener lies not just in its inherent features but also in how you utilize it. Defining your investment criteria, using a mix of fundamental and technical filters, running multiple scenarios, staying in sync with market trends, and backtesting your strategies are all essential to extracting the maximum value from your stock screener.
In the end, a stock screener is an aid, a facilitator – it's your investment acumen and strategies that will ultimately guide your success in the stock market. So, harness the power of these sophisticated tools, but remember, they complement, not substitute, your decision-making process.
We hope this guide will serve as a valuable resource in your stock market journey, helping you choose the right tool and use it effectively. Here's to making informed and confident investment decisions!
Comments and Discussion
We've come a long way in our exploration of the top stock screeners available in 2023. It's your turn now. We'd love to hear your experiences and thoughts on this topic.
Have you used any of the screeners we've mentioned? How was your experience? Are there any screeners you've found particularly useful that we didn't include? We're keen to learn from your insights and experiences, and we're sure other readers are too.
Let's get a discussion going. Here are a few conversation starters, but feel free to take the conversation in any direction you think is valuable:
Which stock screener do you prefer, and why?
How do you integrate a stock screener into your investment strategy?
Have you had any successes or failures you'd attribute to your use of a stock screener?
What features do you find most useful in a stock screener?
What tips do you have for new investors learning to use a stock screener for the first time?
We look forward to an engaging and insightful conversation! Your thoughts and experiences not only contribute to our collective understanding but also help us create content that best serves your needs.
So, let's chat! Sen us your comments, questions, and thoughts via email@example.com, and let's turn this article into a dynamic exchange of ideas and experiences. Happy investing!
Fundamental Analysis: This is the process of evaluating a security to measure its intrinsic value, by examining related economic, financial and other qualitative and quantitative factors.
Technical Analysis: This is the forecasting of future financial price movements based on an examination of past price movements.
Frequently Asked Questions (FAQ)
What is a stock screener?
A stock screener is a tool that investors and traders use to filter stocks based on user-defined metrics. It allows users to select trading instruments that fit a particular profile or set of criteria. These criteria can be anything ranging from industry sector, market cap, price, dividend yield, earnings per share (EPS), and a multitude of other financial metrics.
Are stock screeners useful?
Yes, stock screeners are very useful because they allow investors to save time and increase efficiency. With thousands of stocks available on the market, finding the ones that fit your investment strategy can be a challenging task. A stock screener helps simplify this process by quickly scanning the markets and producing a list of stocks that meet your specified criteria.
Therefore, a stocks screener is a helpful tool for both active traders (day-trading and swing-trading) and stock investors (portfolio analysis, portfolio management).
Are stock screeners accurate?
Yes, most stock screeners are very accurate and pull data directly from exchanges and other reliable financial data sources. However, the accuracy can also depend on the stock screener software or service you are using.
Can a stock screener predict stock movements?
No, a stock screener is not a prediction tool. It simply filters stocks based on your selected criteria. Any buying decisions should be made based on further research and analysis.
Is there a free stock screener?
Yes there are free stock screeners available. SimFin stands out as one of the top-notch free stock screeners in the market. With its comprehensive array of tools for screening and analyzing stocks, it provides users access to a powerful stock screener, backtesting tools, and distinctive data visualization features.
Can stock screeners be used for global stocks?
Yes, many stock screeners allow you to screen stocks from multiple international markets.
Can stock screeners help in identifying trends?
Yes, some advanced stock screeners offer features that help identify market trends. However, they are primarily tools for filtering stocks based on defined criteria.
What are the best stock screeners?
Some of the most commonly used stock screeners include Tradingview Screener, Google Finance, Yahoo Finance, Finviz, and Morningstar. SimFin's Stock Screener is an innovative tool, which has the advantage that it allows to access long data histories and complete the analysis with visualizations and backtests. The choice of screener can depend on individual needs and investment strategies.
How can I filter stocks?
You can filter stocks with a stock screener app or software. The most important factors to filter stocks with a stock screener are:
Selection Criteria: This is the backbone of a stock screener. Users can input as many criteria as they wish, such as the P/E ratio, market cap, dividend yield, and much more. The screener then filters out stocks that don't match these parameters.
Data Source: Stock screeners pull real-time and historical data from various stock exchanges and compile it into a user-friendly interface. The accuracy and speed at which this data is gathered and processed is a crucial aspect of a good stock screener.
Results: After applying the selected criteria, the stock screener presents a list of stocks that meet the specified parameters. These results can usually be sorted based on different metrics for easy comparison.
Usability: A good stock screener should be easy to use, with a clean, clear interface and easy-to-understand instructions.
For instance, if an investor is looking for high-dividend yielding stocks within the technology sector, they would set these parameters in the stock screener. The screener would then provide a list of tech stocks that have high dividend yields. This list can be further sorted or filtered based on additional parameters like market capitalization, EPS, or recent performance.
What is the best screening tool for stocks?
The best screening tool for stocks is SimFin. SimFin offers a powerful and innovative stock screener that allows you to quickly identify stocks that meet your investment criteria. It provides access to data from over 5,000 listed companies and 20+ years of financial data history. You can create complex queries with custom criteria and even backtest your strategies against benchmarks.
SimFin's unique data visualization tools and rated investment strategies make it a standout choice for both new and experienced investors. You can compile proven indicators to filter out "cheap stocks", save your studies, and share them with the SimFin community and on social media. This allows you to benefit from social trading and gain insights from other users.
How can I filter stocks?
With SimFin, you can filter stocks using a variety of fundamental and technical criteria. You can create complex queries with custom criteria to discover undervalued stocks. SimFin allows you to view the history of KPIs and understand distributions of metrics, which can be invaluable in making informed investment decisions.
What is the strongest stock screener?
SimFin is the strongest stock screener available. It offers innovative screening and backtesting tools that can help you uncover new insights and change your valuation scores and trading signals. With SimFin, you can backtest your investment strategies before investing, optimizing your chances of success.
How can I screen stocks for free?
SimFin offers a free package of their Analytics Subscription, which allows you to screen stocks at no cost. You can screen over 5,000 international stocks and visualize up to 20+ years of financial history. You can also backtest investment ideas and find and share winning strategies.
Is TradingView stock screener accurate?
A: While the TradingView stock screener is a popular choice for many investors, the accuracy of any stock screener can depend on the software or service you are using. SimFin ensures the accuracy of its financials and stock market data through a qualified evaluation process. If you're not satisfied with your paid subscription, SimFin offers a refund within the first 14 days.
What are the best free stock screeners?
A: SimFin is one of the best free stock screeners available. It offers a comprehensive suite of tools for screening and analyzing stocks, including a powerful stock screener, backtesting tools, and unique data visualization features.
Who is the most accurate stock predictor?
While it's difficult to pinpoint a single "most accurate" stock predictor, SimFin's stock screener and backtesting tools can provide valuable insights that can help you make informed investment decisions.
What is the best stock screener app?
The best stock screener app is SimFin.
SimFin shines above other stock screener apps due to its array of distinctive features and functionalities. It is not just a tool to filter stocks based on specific criteria, but a comprehensive platform for data analysis and financial research.
SimFin's data accuracy is impressive, drawing reliable and up-to-date financial data directly from original financial company reports, exchanges and other trusted sources. It updates financial data on a daily basis, ensuring users always have the latest information. It is the onliest screener that allows to hand over complex portfolios with dozens of stocks via single mouse-click to a backtesting tool covering 20+ years of history.
How does SimFin compare to other platforms as the best stock screener for fundamental analysis?
SimFin stands out as the best stock screener for fundamental analysis due to its comprehensive and user-friendly features. It provides access to over 5,000 listed companies and 20+ years of financial data history, allowing users to perform in-depth fundamental analysis. Users can create complex queries with custom criteria, view the history of KPIs, and understand distributions of metrics. SimFin's unique data visualization tools further enhance its fundamental analysis capabilities. Moreover, users can backtest their strategies against benchmarks, providing a practical way to assess the potential success of an investment strategy.
What is rule of 40 stock screener?
The rule of 40 is a principle used in the software industry to measure a company's growth and profitability. While SimFin does not specifically offer a "rule of 40" stock screener, it does provide a wide range of screening and analysis tools that can help you evaluate a company's financial performance and potential for growth.
A stock screener is an essential tool for any serious investor. It helps you narrow down the vast universe of stocks into a manageable list that fits your investment strategy and risk tolerance. By mastering how to use a stock screener, you'll be well on your way to becoming a more efficient and successful investor. We hope that we could help answer the question, which is the best stock screener in general and which stock screener is the best for individual needs.
Non-Financial Advice Disclaimer
Important: The information provided in this blog is for educational and informational purposes only and should not be construed as investment advice. The author is not a registered investment advisor and does not provide personalized financial or investment advice. All investments involve risk, and past performance is no guarantee of future results. It is recommended to consult with a professional financial advisor before making any investment decisions. The author and publisher shall not be held liable for any losses incurred as a result of the use of the information presented in this blog.
Start analyzing for free and pay as you grow.
- Major SimFin Update - Jan 2024We just deployed a major updated that happened after we completed the biggest data migration so far at SimFin, where we transferred all our data to a brand new data extraction tool that we have been working on for a long time.
- Data ExtractionExtracting Document Data: The Best Tools to Stay Ahead in 2023Navigating the world of data extraction in 2023 can feel like a maze. But don't worry, we've got you covered! In this guide, we'll break down the seven top ai document processing tools out there. This article is your handy roadmap to mastering data extraction from PDFs, web pages, e-mails or images. Dive in and discover the tools that can supercharge your work!