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Lesson · [ 28 ]

USING STOCK SCREENERS & RESEARCH TOOLS

Beginner5 min

Plain English

Stock screeners let you filter thousands of stocks down to a shortlist that matches your criteria — like 'P/E under 20, dividend yield over 3%, 52-week high, small cap.' They're one of the most useful tools for finding trade ideas fast.

Going deeper

Stock screeners filter the entire market based on quantitative criteria. Fundamental filters: P/E ratio, P/S ratio, earnings growth, revenue growth, profit margins, debt-to-equity, dividend yield, market cap. Technical filters: price above/below moving averages, RSI levels, new 52-week highs/lows, volume surges, price breakouts. Key screener tools: Finviz (free, powerful), TradingView Screener, Morningstar (fundamental focus), and broker platforms (TD Ameritrade, Fidelity). SEC filings (10-K, 10-Q, 8-K) provide authoritative financial data. Earnings estimates from Zacks, Seeking Alpha, or FactSet show analyst consensus. EDGAR (SEC's database) is free and definitive for regulatory filings.

Examples

Growth Stock Screen

Screen parameters: Revenue growth > 20% YoY, EPS growth > 15% YoY, Gross margin > 40%, Market cap $1B-$50B, P/E < 40. This screens for companies growing rapidly but not priced for perfection. Finviz can return this list in seconds from 8,000+ stocks.

Dividend Income Screen

Filter for: Dividend yield 3-6%, Payout ratio < 60%, 5-year dividend growth > 5%, S&P 500 member. This screens for stocks paying healthy dividends with room to grow them — avoiding yield traps from unsustainable payouts.