7 Free Stock Screeners That You Need to Check Out

Whether you’re a professional investor or just someone who wants to make smarter investment decisions, stock screening software is likely one of the most widely used tools. But more often than not, these programs come in the form of an essential website, with stock screens only accessible through a login. This article gives you seven options for adding free stock screeners to your website. You shouldn’t build your portfolio based on a hot tip from a buddy or a TikTok video. Stock selection necessitates thought; it’s better not to do it on the spur of the moment. When it comes to the summation of investments to your portfolio, free stock screeners can assist you in making informed judgments. If you’re not sure what you’re looking for, learning to research stocks is an excellent place to start. During a downturn in the market and bear market, it is essential to help investors make wise decisions. Finding promising stocks at a discount is one of the most important aspects of investing for long-term returns. Investors increasingly turn to screen tools, which help investors find companies representing substantial value relative to their peers before looking into specific companies.

Stock screeners are available for free

Stock screeners are automated tools designed to scan price charts, news, and analysis to find stocks that make suitable investments at a given moment in time. If you’re unfamiliar, you’ll want to come in for the first few episodes of this podcast to get caught up on the terms. It’s nice to be cheap, but it’s even better to be free. Here are some of the most convenient free stock screeners. Although some, such as Morningstar and Finviz, do, most do not require you to create an account.

Morningstar

Morningstar’s fundamental stock screener has a simple (if dated-looking) interface with informative tooltip windows for each filter. The Morningstar Stock Grades are combined in the primary filter because Morningstar is a research business. Morningstar’s expert analysis is now available within the screener, giving investors convenient access to it. Morningstar also offers mutual fund and exchange-traded fund screeners. Although the tool is restricted, Morningstar provides a Premium version for individuals who wish to go deeper into their research.

Finviz

Finviz is frequently included in best stock screener roundups, and for a good reason. Finviz’s user interface may appear cluttered at first, but as your eyes adjust, you’ll find it easy to access all of the filters you need without having to navigate through additional pop-up pages or screens. Finviz can filter data that other screeners can’t, such as the IPO date and outstanding shares. It also grants users to save preset screens, making it simple to return to a previously saved filtered search. You’ll only be able to utilise that feature if you register for a free account on the site.

Yahoo Finance

The stock screener on Yahoo Finance is a fantastic free tool that combines a simple user interface with a plethora of filters. This screener is one of the free resources that allow you to look for sustainable stocks in ESG (environmental, social, and governance) stocks. It also provides users access to a mutual fund, ETF, and futures screeners.

Trading View

The name of TradingView’s stock screener is apt: it has one of the friendlier user interfaces and a clean appearance. Trading View could be a good option for newcomers who don’t want to be overwhelmed by too much information. TradingView also has screeners for forex (or foreign exchange) and cryptocurrency.

StockFetcher

StockFetcher may be the right tool for you if you need a powerful stock screener. StockFetcher supports over 125 indicators from which users can create their stock filters. The amount of data used by StockFetcher seem overwhelming at first, but the site has a handy User Guide front and centre to help you get started. Several example filters are available if you need some ideas before creating your own.

Brokers that provide free stock screeners

While most online brokers will not charge you to use their stock screeners, you may need to open an account with them to utilise their services thoroughly. You may already have access to a stock screener if you have a brokerage account. If you don’t, stock screeners might be something to think about when determining where to open one.

Fidelity

While you may use Fidelity’s screener to search up specific stocks without an account, you’ll need one to use the more advanced tools. You can access a stock’s snapshot without creating an account, which provides information such as the bid and ask prices, the 52-week high, and a performance chart. If you make an account, you’ll get key to extra services like investment themes, which allow you to look at stocks in areas like drones, natural foods, and wind energy, as well as more thorough stock quotations and expert opinions.

TD Ameritrade

TD Ameritrade, like Fidelity, allows non-registered users to view only stock snapshots. These snapshots are helpful if you only need basic information about a stock and cannot see anything more advanced. If you have a TD Ameritrade account, you can use the Stock Hacker tool to find supplies based on your criteria while accessing TD’s third-party analyst research and ratings.