Best Stock Screeners

A quality stock screener can sift through the thousands of stocks in the U.S. or the tens of thousands listed worldwide, and in a matter of seconds, identify those that meet your specific criteria and suit your investment strategy. The more you work with a stock screener, the better you become at narrowing down your choices to the best investment opportunities. Here are our picks for the best.

Best Stock Screeners of 2021

Best Overall: TC2000

Best Free Option: ZACKS (NASDAQ)

Best for Day Trading: Trade Ideas

Best for Swing Traders: FINVIZ

Best for Global Investing: TradingView

Best for Buy and Hold Investors: Stock Rover

Final Verdict

Day traders and stock investors need access to complex knowledge analysis to be able to sift through the tens of thousands of stocks in the U.S. and world markets. To do that, they need access to high-quality stock screeners.

The best stock screeners combine ease of use with flexibility without sacrificing knowledge accuracy or quantity. The best screeners have a broad range of stocks in their database that can be filtered with precision using both preset and custom criteria. The interface should be intuitive, even for beginners.

If you are testing the stock-picking waters as a beginner, you can start with any of the stock screeners that offer a free service. Most do, but many are very limited in their capabilities. That's not the case with Zacks stock screener, which gives you access to hundreds of metrics.

As the best overall stock screener, TC2000's powerful screening, scanning, and filtering software can accommodate any trading or investing tipe with its best-in-class tools.

Frequently Asked Questions

What Is a Stock Screener?

A stock screener is an essential tool used by stock traders and investors to sift through thousands of stocks to find those that best meets their criteria. Users can apply any number of filters based on fundamental and technical metrics to narrow down their list. The more robust the screening filters, the more quickly the screener can find you a match. They can also apply their own customized criteria to find a more precise match. When criteria are applied, the screener will instantly display the results in the categories you choose.

Stock screeners are used to identify stocks based on different investing scenarios, such as creating an asset allocation strategy, long-term buy-and-hold strategies, or for day trading in and out of the market for quick returns.

How Do You Use a Stock Screener?

Stock screeners are relatively straightforward. After opening the screener, you choose the filters you want to use based on specific criteria, such as price, trading volume, price-to-earnings ratio, volatility, chart patterns, and other fundamental or technical metrics. To further narrow down your choices, you can layer on more filters until you get the results you want.

What Should I Look for in a Stock Screener?

On the surface, roaming the vast universe of stocks to find just the right one can seem daunting and complex. A good stock screener is well-organized and easy-to-use, enabling you to find the filters you need and start the process with a few clicks. It's essential to use a stock screener with a wide range of filters and the ability to quickly sort your results so you can drill down further.

Also, look for a stock screener that is most suited to your investing style. Some are more ideally suited for day trading, while others are more appropriate for long-term investing. Some only follow U.S. stock exchanges, while others have a world reach.

Additional must-haves include accurate data. Always check to see that the knowledge comes from a reputable and reliable source. Also, make sure it has the capability to save your screens, or else you will have to continually re-enter your criteria.

Do Stock Screeners Work?

Stock screeners do work in helping traders and investors sift through thousands of stocks to narrow down their choices, but they also have their limitations. Stock screeners can only analyze stocks based on quantitative factors based on fundamental and technical metrics. They can't akun for the qualitative factors that could affect a stock's performance, such as management changes, major lawsuits, labor issues, or competition.

Also, stock screeners that don't use real-time knowledge or that don't constantly refresh their knowledge could produce untimely or inaccurate results. While stock screeners can save you time in formulating a list of stocks, it would be important to layer on your own research to confirm your findings or uncover potential problems with the company's fundamentals.

How We Chose the Best Stock Screeners

Our initial search revealed 30 stock screeners for our consideration. By running them through our criteria of ease-of-use, selection of fundamental and technical filters, depth of filter criteria, customization, and extra functionality, we narrowed the list to 16. After a more rigorous comparison, we identified the best stock screeners in six distinct categories.

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