With the development of technology, there are more and more stock screening tools available for value investors to find undervalued stocks. However, not all screeners are created equal in terms of effectiveness and ease of use. This article will introduce some of the best value investing stock screeners and their key features.
Morningstar Stock Screener provides comprehensive fundamental data filtering
Morningstar Stock Screener allows investors to screen stocks based on valuation ratios like P/E, P/B, as well as financial health metrics. Users can filter by sector, region, market cap to find undervalued stocks that fit their criteria. The screener also gives quality and growth grades to help assess a company’s intangible assets.
Gurufocus Screener ranks stocks by value, profitability and growth
Gurufocus Screener not only shows standard valuation ratios, but also uses formulas like Piotroski F-score to rank stocks by value and quality. Its summary grades give a quick glance of a stock’s valuation, profitability and growth potential. Gurufocus also tracks guru investors’ holdings for inspiration.
Finviz allows filtering by technical and fundamental criteria
Finviz Screener provides over 100 fundamental and technical filters to screen stocks. Value investors can filter by P/E, P/B, EPS growth and other criteria. Charting and reporting functions allow further analysis. The screener also shows insider trading activities.
Value Line Stock Screener searches by Timeliness and Safety ranks
Value Line Stock Screener allows screening stocks ranked by their Timeliness and Safety grades. Timeliness measures potential price growth in the next 12 months, while Safety evaluates risk factors. Investors can screen by industries and valuation factors to find stocks with good value and growth prospects.
YCharts Stock Screener has robust comparison and charting tools
YCharts Stock Screener enables easy filtering and charting to compare stocks side-by-side. Users can screen stocks by valuation, growth, profitability, dividends and technical indicators, as well as analyst ratings. Its interactive charts and ability to overlay fundamentals help identify value stocks.
The best value investing stock screeners provide comprehensive fundamental data, value grades and comparison tools to effectively evaluate stocks. Investors should choose screeners that align with their analysis approach and criteria. Screeners with robust filtering options, charts and customization also aid in uncovering promising value stocks.