11 Incredible Stock Screener [2022]

Choosing stocks can be overwhelming to any investor who doesn’t have the same access to resources and analysts as trading companies. Fortunately, there are tools available to make sifting through the insane amounts of data and navigating the immense world of stocks easier for individual investors. A stock screener provides individual investors with the resources to pick the right stocks for them. It can sort through thousands of stocks almost instantly according to your selected screening filters. Stock screeners are an invaluable resource that all stock investors and day traders should use to their advantage.

Stock Screener

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A stock screener is a program used by investors and traders to sift through stocks based on screening filters set by the trader. Here is a list of the best stock screeners available to individual investors.

1. Trade Ideas

Image from Trade Ideas

Trade Ideas offers a leading-edge stock market technology that teaches new traders how to navigate the stock market. Founded by financial technology entrepreneurs, it’s a platform that coaches aspiring investors to make wise decisions. To ensure their success, the platform offers them the support to succeed.

Pros

Trade Ideas is hands down the best stock screener for day traders. It provides users with real-time data to help them make the most current and informed decisions. Their technology directly links to American and Canadian exchanges, granting traders the capability to track real-time quotes and trades.

Those who are looking to get into day trading will benefit greatly from the education and support this platform offers its users. The software features a simulated trading platform where both new and experienced investors can practice their trading strategies without the risk of losing real money. This empowers users of this platform with the confidence and skill to become successful day traders. There is constant support and educational classes for those with little to no prior investing experience. There is also a live community where new investors can ask for support and tips. Traders who are interested in developing their skills and strategies should definitely consider Trade Ideas. Its useful features such as an event-based backtester, custom formulas, and OddsMaker are excellent tools for crafting a successful strategy.

Furthermore, the software is incredibly fast with a powerful artificial intelligence technology that suggests profitable trades. If investors want a break from picking their own stocks, they can switch to a fully automatic investment portfolio managed by their AI named Holly. However, this option is only available after users activate a premium account.

Cons

While it is the best stock screener on this list for day trading, its scope is limited to American and Canadian stock exchanges.

2. Stock Rover

Image from Stock Rover

Stock Rover is one of the best stock screeners for North American markets. This web platform offers a free version as well as premium options.

Pros

Stock Rover provides traders with the option to capitalize on the strategies of famous investors. The strategies of gurus such as Benjamin Graham, Peter Lynch, and Joel Greenblatt are available as data metrics and screening filters.

Those with a premium account unlock access to the Stock Rover Premium Plus screener. Traders can create complex equations by combining multiple filters and sort through historical data.

Stock Rover gives traders more filters and technical screening criteria than other stock screeners with over 150 stock screening filters. Their premium options also allow traders to generate a ranking of stocks based on specific criteria that the trader values such as growth, valuation, dividends, and financial strength. Traders who integrate Stock Rover with a brokerage account can take advantage of better portfolio analysis and recommendations as well as more robust reporting.

Cons

Though it offers many features and financial services, there is no option to exchange stocks directly from Stock Rover. Therefore, traders must use Stock Rover in conjunction with other trading platforms or a brokerage account.

3. Atom Finance

Image from Atom

Atom is an investment research platform for stock screening created by professionals. Their goal is to provide individual investors with the same resources as investment companies. To do this, they use institutional-grade data and leading technology.

Pros

Atom succeeds in its goal to even the playing field between companies and individuals through its high-level data and services. Their broad range of company-level data includes historical data, social data, analyst forecasts, financial firms, leading banks, and more. Traders can connect Atom to their brokerage account for more robust reporting and improved portfolio recommendations. This helps traders recognize what areas of their portfolios need to be more diversified. Access to a document search and historical data allows traders to research a complete overview of the company. Traders can judge the financial strength of the company before deciding to invest in individual stocks. This makes Atom one of the best stock screeners in terms of data.

Hubs is another great feature of Atom. Users can compare stocks across several categories to analyze their performance. There is also a community of investment experts grouped into several chats based on their trading style and preferences. Curious traders can enter any of these chats to gain useful knowledge and tips from their more experienced counterparts. Those who subscribe to the premium version unlock helpful features such as price updates, explanations in a price change, and commentary from an expert analyst.

Cons

Atom offers a free service, but most of its best features are reserved for its premium users.

4. Zacks (NASDAQ)

Image from Zacks

Zacks is a highly reputable NASDAQ stock screener. Their free version is one of the most well-equipped stock screeners available to traders. Users looking for a free service to start screen stocks should try Zacks.

Pros

Zacks offers significantly more free tools than other screeners. It is one of the most comprehensive free stock screeners available to traders. The platform uses hundreds of metrics to communicate relevant market information to traders. This allows users to make well-informed investment decisions.

In addition, it offers more filters than most stock screeners. This allows users to fine-tune their search, create complex equations, and generate more specific results. Its most instrumental metric is arguably the extensive earnings per share (EPS). This metric, along with other tools, displays a complete overview of a company’s performance over time.

Cons

Although users can use this platform to filter based on customs value, Zacks lacks in technical filters.

5. TradingView

Image from TradingView

TradingView is a cloud-based software for stock screening that will intuitively to both beginner and experienced investors. Heavily chart-based with over 12 chart types, it provides traders with the visual data necessary to make wise investment decisions.

Pros

TradingView offers a lot of tools and services at no or very low cost to users. It’s one of the most affordable stock screeners available to traders. Their free version is perfect for users on a budget. The free plan offers most of the features of their subscription plans, but it comes with ads. Traders can also try their premium features with a free 30-day trial.

Beginner traders or more experienced ones looking to improve their strategies will find their Paper Trading one of the most useful tools for practice.

It provides traders with a wide scope of data including international stocks and EFTs. Traders can access real-time data on international stocks from over 90 exchanges globally. This makes it particularly useful for investors who want to invest in international stocks.

TradingView offers an impressive selection of fundamental and technical screening criteria. This allows international traders to customize data filters and narrow down the infinite number of stocks worldwide to the ones that best match their preferences.

This platform includes a broad range of securities and investments such as cryptocurrency and foreign exchange currency. Their rating system for securities makes it easier to decide whether traders should buy securities or sell securities.

Where this platform truly shines is their charts. The over 12 chart types are both beginner and advanced friendly. They provide traders one of the best visual tools to analyze stock prices and patterns.

The cloud-based platform can also be downloaded as an app on any device. It provides investors with real-time alerts with various setting options so they never miss an opportunity to make a profit.

Cons

Traders must pay for access to real-time data, but the monthly cost of their subscription plans is relatively cheap.

Traders looking to filter historical data will be disappointed with TradingView.

Although the charts are beginner-friendly, inexperienced investors may be overwhelmed by the lack of guidance offered by this platform.

6. Finviz

Image from Finviz

Finviz is another great stock screener with many free features. It’s one of the best stock screeners due to its arsenal of effective tools.

Pros

Finviz boasts useful stock screening tools such as backtesting, charts, social data, real-time quotes, and an impressive array of fundamental and technical screening criteria.

Those who prefer visual aids will love this platform’s approach to complex data analysis. They present their information in a visually appealing and interactive manner that feels intuitive to users.

Their stock charts are especially easy to use and understand. Traders can effortlessly access the interactive charts by clicking its stock symbol. The chart allows users to compare the stock’s performance with other competitors in the market.

While many of this software’s features are accessible with the free plan, those who want access to even better features such as real-time data can sign up for the elite version. The elite screener grants access to more advanced charts, customized filters, price history, price analysis, and more flexible options.

Furthermore, Finviz provides traders access to global markets. This worldwide access, in addition to their powerful screening tools, is why so many traders prefer this platform.

Cons

While it offers many filters, it lacks in terms of fundamental analysis.

Moreover, it’s unable to track multiple stocks simultaneously.