How Stock Screeners can make you a better investor
This online tool is something you’ll want in your toolkit.
Updated 
2 min. read
With so many stocks available for you to purchase, how do you know which ones are going to be right for you? This is where stock screeners can help you become a better, more focused, investor. Bryan Borzykowski, finance journalist and personal finance author, has a run down on the basics.
What is a stock screener?
Stock screeners are online tools that help you cut through the noise and find stocks that are suited to you. While some are more robust than others, you essentially use screeners to set different financial criteria that then narrows down the stocks that you can invest in.
How does a stock screener work?
There are many different criteria that you can apply to filter out stocks. You could focus on earnings, dividends, price index, industry, exchange and many more depending on your particular screener. Mix and match different criteria to increase the amount of filtration, and at the bottom of the filter you’ll find stocks that suit your needs.
What is the benefit of using a stock screener?
These results are a great starting point for your own research. The benefit of the stock screener is that now you’ve separated the bad stocks from the good based on your own investing needs – you can then focus your research on other factors to determine whether you want to invest. There is a myriad of different criteria that you can apply and research to be done after the fact, but screeners help you filter out stocks that don’t work for your goals, and let you see more of the ones that might.
With thousands of stocks available for purchase, stock screeners are a great first step in your research, helping you cut through the noise and find what fits your philosophy and style. We believe it helps transform you into a savvier investor.
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