How to Compare Stock Screeners

The ability to easily change or tweak screening parameters is very important.

A stock screener is a software program that allows you to search for stocks based on the parameters you input. There are dozens of free stock screeners available online. You want a screener that helps you find what you are looking for quickly.

Parameters

Look for a screener that allows you to input the parameters you want. Some screeners allow you to input dozens, if not hundreds, of parameters. No stock can ever meet them all, so what matters is whether you can apply the criteria that are important to you.

Ease of Use

The ability to change, add, delete or tweak parameters is important in refining your search, so ease of use is essential for accomplishing your search fast.

Accuracy

Some fundamental parameters are based on database classifications, such as industry sectors or groups. Different databases may assign the same stocks to different groups. It takes experience to know where a particular stock belongs but the quality of your search will depend on the accuracy of your comparisons.

Personal Preferences

The ability to save your parameters, save or export search results and lists and sort them by different parameters may also be important.

References

• Financial Visualizations Stock Screener:
• Yahoo! Finance Stock Screener: