Screening for stocks is one of the most critical elements in any investing strategy. Whether you are a day trader scanning the stock market for short-term trading opportunities or a long-term investor screening stocks for profitability, growth, or value, we have you covered in this review.
As a certified financial, technical analyst, and investor for over 20 years, I understand the critical functionality and metrics that make a great stock screener. I hope you see value in the hundreds of hours of testing and research invested in this review.
Summary: The Best Stock Screeners
Detailed testing shows that Stock Rover is the best stock screener for value, dividend, and growth investing, with a 10-year fundamental database, 670 financial indicators, and industry-leading research and portfolio management. TradingView is the best stock scanning tool for international traders, with 160 technical criteria and a large user community.
Trade Ideas is the best AI screener for day traders, providing real-time scanning and profitable trade signals. Metastock’s software provides innovative backtesting and forecasting, helping to improve scanning results. Finally, TC2000 offers real-time Stock Option scanning and the best pre-market screener available.
Stock Screening vs. Stock Scanning
There is a difference between a stock screener and a scanner. A stock screener enables you to filters stocks based on fundamental financial criteria such as Analyst Estimates, Earnings, Valuation, Cash Flow, and Sales. A stock market scanner will typically scan the market for technical measures, such as a price new high, price above the moving average, or volume increases.
A market scanner is typically for day traders or swing traders using technical analysis. A stock screener is designed for investors utilizing growth, income, or value strategies. Some screeners and scanners overlap and can perform a mix of both functions.
Choosing the Best Stock Screener
When searching for a good stock screener, you need to understand your trading or investing strategy. If you plan to implement a value investing approach, you will need criteria such as Margin of Safety, Forward Cash-Flow, and Fair Value. If you want to invest for income, you need dividend yield, growth, and coverage screening criteria. For a growth investing strategy, a stock screener will need to have historical performance data on price, sales, earnings, debt, and revenue.
If you are day trading or swing trading, you will need a scanner that can filter on technical criteria, such as stock price changes, volatility, volume, and performance against indicators like MACD, Moving Averages, and RSI.
Stock Screeners Features Comparison
|Free Stock Screener||✔||✔||✘||✘||✔|
|Portfolio Mgmnt & Analysis||✔||✘||✘||✘||✘|
|Technical Chart Scanning||✘||✔||✔||✔||✔|
|AI Stock Screening||✘||✘||✔||✔||✘|
|Stocks & ETFs||✔||✔||✔||✔||✔|
|USA & Canada||✔||✔||✔||✔||✔|
|Global Market Data||✘||✔||✘||✔||✘|
|Best for:||Investors||Traders||Day Traders||Traders||Traders|
Best Stock Screeners
1. Stock Rover: Best Stock Screener for Investors
Best for USA Value, Dividend & Growth Investors Seeking An Excellent Fundamental & Financial Analysis Stock Research Platform. Easy to Use Yet Extremely Powerful; this is Our Outright Winner
Stock Rover Pros
★ The Best Free & Paid Screener in the USA
★ 670 Financial Scanning Criteria
★ Value & Growth Stock Scoring Systems
★ Research Reports & Portfolio Management Tools
★ Unique 10 Year Historical Fundamental Database
★ 100’s of Value, Growth & Dividend Screeners & Portfolios
★ Easy to Use & Broker Integrated
Stock Rover Cons
✘ No Social Community
I actively use Stock Rover every day to find the stocks that form the foundation of my long-term investments. It is my tool of choice, and I have even developed a Beat the Market Screener that is now integrated into Stock Rover.
Stock Rover is an easy stock screener to use, it runs on PC, Mac, Tablets, and Smartphones and requires zero installation; it simply works. Although Stock Rover is very users friendly, it is also the most advanced stock screener for financial analysis on the market. However, the market data, scoring, ranking, and analysis are for the USA & Canadian markets only.
Stock Rover has the best implementation of stock screening, research & portfolio management on the market today.
Stock Rover integrates with every significant broker; this enables it to manage profit & loss reporting, portfolio correlation, and rebalancing. Including income (dividend) reporting and scoring, it is a unique package. Stock Rover is not for day traders; it is for longer-term investors that want to maximize their portfolio income and take advantage of compounding and margin of safety to manage a safe and secure portfolio.
Financial Screening & Stock Ratings
Stock Rover is the industry leader for stock screening with 670 fundamental financial metrics; 226 of the metrics also contain 10-years of historical data, allowing you to backtest your screening strategy. Watchlists have fundamentals broken into Analyst Estimates, Valuation, Dividends, Margin, Profitability, Overall Score, and Stock Rover Ratings. You can even set the Watchlist and filters to refresh every single minute if you wish.
The team over at Stock Rover has implemented some great functionality; I particularly like the roll-up view for all the scores and ratings. Here I have imported the Warren Buffett portfolio, which includes his top 25 holdings. I have also selected the “Stock Rover Ratings” tab, which rolls up all analysis into a transparent stock ranking system, saving a tremendous amount of time and effort while providing a wealth of insight.
The Stock Rover Warren Buffett Screener is based on criteria described in the bestselling Buffettology book. The company should have a 10-year track record of generally increasing EPS with no negative earnings years; long-term debt, not more than 5 times annual earnings; average ROE over the past ten years at least 15%, average ROIC over the last 10 years at least 12%, and earnings yield should be higher than the long term Treasury yield.
Powerful Pre-Built Screeners In Stock Rover
Stock Rover has over 150 pre-built screeners that you can import and use, many of these screeners have been testing during this research, and they are very thoughtfully built. You will need to have the Premium Plus service to take advantage of the most powerful screeners. One of the best is the Buffettology screener, which incorporates the key criteria for Warren Buffett’s value investing methodology, including the Margin of Safety, Foward Discounted Cash Flow, and Fair Value.
Another first-class screener is the “Strong Buys Screener,” the Fair Value Screener, and simply selected the “Fair Value” tab; you are rewarded with arguably the killer features of Stock Rover. The Fair Value and Margin of Safety analysis and rankings. These analysis factors are a nightmare to calculate yourself manually, and it could be said to warrant the investment in Stock Rover all by themselves.
Detailed Dividend & Income Screening & Analysis
As all smart investors know, you need to accrue your dividends to have a chance at market-beating returns. Stock Rover provides intelligent dividend and income analysis, enabling you to compare company dividend yields, growth, coverage and estimate future dividend income based on your portfolio.
Stock Rover Research Reports
A new addition to the Stock Rover platform is the dynamic Research Reports. This brand new service enables you to generate a professional, readable PDF report on any particular stock’s current and historical performance. To read more about this functionality, see our detailed Stock Rover Review.
Stock Rover Pricing
You can have Stock Rover for free; however, the real power of Stock Rover is unleashed with the Premium Plus service. Moreover, their top tier of service is not even expensive compared to the competition. I strongly recommend going for the Stock Rover Premium Plus at $27.99 per month, as you will be getting the best premium stock screener on the market.
2. TradingView: Best Free Screener for Traders
Best Free Global Stock Screener for Traders who want the Excellent Fundamental & Technical Stock Screener Capabilities at a Great Price
★ Good Selection of Fundamental & Financial Scanning Criteria
★ Best Screener for Global Stock Markets, Every Market Covered
★ Ability to Scan Forex, Cryptocurrency & Commodities
★ Excellent Social Community
★ Great Usability & Setup
✘ No Deep Historical Data
TradingView is one of the best stock market trading and charting platforms available. It has over 3 million active users sharing ideas and strategies in one big community. TradingView is a serial winner in our reviews, winning the “Best Stock Charting Software” and the “Best Free Stock Charting Software,” and now one of the winners for “Best Stock Screener.”
TradingView has a very slick system, and they have put a tremendous amount of thought into how fundamentals integrate into the analytics and charting system.
You can have TradingView for free, and it is a review winner for our Best Free Charting Software Review. However, there are limitations. I would recommend going for the PRO+ at $19 per month or the Premium at $39 per month; the benefits are extensive, including priority customer support and unlimited everything.
TradingView Stock & Market Scanning
TradingView’s watchlists have fundamentals data separated into Performance, Valuation, Dividends, Margin, Income Statement, and Balance Sheet. You can set the Watchlist and filters to refresh every minute if you wish. What makes TradingView stand out is the vast selection of economic indicators you can map and compare on a chart. For example, you can compare the Civilian Unemployment Rate versus the growth in Company Profits for the USA. This is incredibly powerful.
Price: FREE & Premium. You can use TradingView right now, with no login, no installation, and no cost. However, you will find that the Pro Version of TradingView unlocks even more power and abilities. Again Starting at $9.95, this is very inexpensive.
Global Data Coverage -We recommend TradingView for any international traders as the market coverage is enormous, and if you want a very active trading community, this is the place.
TradingView Stock Screening & Analysis
The TradingView Stock Screener comes complete with 150 fundamental and technical screening criteria; all the usual measures are there, such as EPS, Quick Ratio, Pre-Tax Margin, and forward and trailing PE Ratio. But it also goes deeps with more esoteric criteria such as the number of employees, Goodwill, and Enterprise Value. Another positive is the screener implementation is very customizable; you can configure the columns and filters exactly how you wish.
As you can see below, I have changed the overview screen to include the number of employees, P/E, and EPS TTM.
Forex Pairs & Cryptocurrency Screening
What makes TradingView unique is the ability to screen for chart patterns and setups for foreign exchange pairs. This makes it very valuable for day traders searching for volatility and using leverage. The Forex screener can compare performance and volatility together, which can help you to narrow down the list for potential trades.
The ability of TradingView to also provide crypto screening is unique in the industry. They have also included a rating filter that enables you to select the cryptocurrencies rated as “strong sell” to use as candidates for a short trade and strong buys as candidates for long trades; this will save you a lot of time.
Extremely easy to use, low cost, and packed with Stock Screener Power, including economic data. The right combination for active international day traders who value a social community.
3. Trade Ideas: Best AI Stock Screener
Best For Active Day Traders Who Want Backtested AI-Driven trade Recommendations & A Proven Track Record Of Profitability
Trade Ideas Pros
★ 3 A.I. Stock Screening Algorithms
★ Fully Automated Backtesting
★ Audited & Profitable Trade Signals
★ AI Auto-trading
★ Free Live Trading Room Access
Trade Ideas Cons
✘ Old School User Interface
✘ No Mobile App
Founded in 2003, Trade Ideas is a web & desktop-based software platform for finding day trading opportunities. Historically specializing in real-time scanning for trade opportunities, Trade Ideas now incorporates cutting-edge AI algorithms that backtest every stock in the USA & Canada for high probability trading opportunities.
There are two tiers of product, Standard & Premium. Trade Ideas Standard costs $118 per month, or you can save $348 by going for an annual subscription costing $1068, a 25% discount. You get a live trading room, access to 40 market scans, and 500 price alerts for this price.
Trade Ideas Premium costs significantly more at $228 per month and enables the Holly Artificial Intelligence System. This comprises 3 constantly evolving A.I. screening algorithms, entry and exit signals, trade risk assessments, and AI Auto-Trading.
Trade Ideas AI Screener
At the heart of the Trade Ideas platform is the unique scanner system, which gives you immediate access to over 40 different trading scans. The in-built scans are categorized into Bullish, Bearish, or Neutral. Depending on the overall market direction, you can easily select a potential strategy for the day.
One scan I find particularly impressive and innovative is the “Unusual Social Mentions Scan.” The Trade Ideas AI engine is constantly scanning StockTwits for surges in mentions of particular stocks, so if you click load settings, you will be immediately presented with a list of stocks spiking on social media. Of course, you can customize any of the scans featured here or even create your own alerts from scratch.
The AI algorithms developed by Trade Ideas are the main reason you would want to sign up. I had a lengthy zoom session with Sean Mclaughlin, Senior Strategist over at Trade Ideas, to delve into how the AI works, and I was very impressed. This company is laser-focused on providing traders with the very best data-supported trading opportunities. There are currently three AI systems in operation.
Trade Ideas 15% Discount Coupon Code
As a partner of Trade Ideas, I requested a discount for all our readers. Use the discount code “Liberated” to get 15% off your first purchase, worth $340 when going for the premium service.
|Get 15% Off Trade Ideas||Try the Live Trade Ideas Trading Room Free|
4. MetaStock: Best For Chart Scanning
Best for International Investors & Day Traders who want the best Fundamental & Technical Stock Screener Capabilities with the Best Real-time News Service & Economics Data
★ Excellent Selection of Fundamental & Financial Scanning Criteria
★ Best Screener for Global Stock Markets, Every Market Covered
★ Ability to Screen Stocks, Futures, Forex & Commodities
★ Winner for Backtesting & Forecasting Systems
✘ Need to purchase Refinitiv Add-on for Screening
✘ A Little Pricey
What is MetaStock?
MetaStock is the leader in backtesting, forecasting, and technical chart analysis. If you purchase MetaStock R/T (real-time), you essentially get the Refinitiv add-on; this adds Real-time news (from Reuters) and Bloomberg level fundamental and technical screening.
MetaStock’s Refinitiv integration means you get institutional quality real-time news, analysis, research, and economic outlooks. This is the fastest global news service available in the industry. For international investors, MetaStock is unique because the news is also translated into all major languages.
MetaStock has an incredible database of global fundamental data for screening, not just on companies but economies and industries, the wealth of data is first class. Using Refinitiv, you can see an in-depth analysis of company fundamentals from debt structure to top 10 investors, including level II, combine that with excellent watch lists featuring fundamentals and powerful scanning of the markets.
MetaStock Stock Screener Highlights
MetaStock provides scanning on any stock exchange globally, providing you have the market data package for the region. Screening all trading instruments is possible, including ETFs, Funds, Options, and Forex. Powered by Refinitiv, extensive analyst ratings and 79 core fundamental financial criteria are selectable. In total, 269 technical criteria are available for scanning.
MetaStock is not free software, and for powerful scanning, you will pay $250 per month. For that investment, you will get the fastest real-time streaming news, industry-leading technical analysis, backtesting, and forecasting.
MetaStock is one of our valued partners, and we have a “3 months for the price of 1” deal, which should save you $500.
|Try MetaStock 3 for 1 Deal||MetaStock Review & Test|
5. TC2000: Best Pre-Market Screener
Best for US & Canadian Investors who want Entire Market Scanning of Fundamental, Technical Criteria + Charting at a Great Price Point
★ Excellent Selection of Fundamental & Technical Screening Criteria
★ Pre-market Stock Scanning
★ Can Create & Scan on Custom Indicators
★ Ability to Trade from Charts with a TC2000 Brokerage Account
✘ No News Service
✘ No Social Trading
If you want fundamentals screened in real-time layered with technical screens all integrated into live watchlists connected to your charts, Telechart a good option.
I selected TC2000 as my tool of choice back in the year 2000 because it offered the best implementation of fundamental scanning, filtering, and sorting available on the market. Twenty years later, they are still a leader in this section. TC2000 is one of the few Winners in our “Best Stock Market Software Review.”
TC2000 Stock Screener
TC2000 offers a large selection of fundamentals to choose from, but what makes it unique is the fact you can, with a few clicks, create your own indicators based on the fundamentals. You can then overlay the indicators directly on the charts, which opens up a whole new world and technical and fundamental analysis.
TC2000 is available for free so that you can test its capabilities, but to access the EasyScan system for Stocks, ETFs, and Options, you need the Gold Service currently priced at $29.99 per month.
TC2000 is the best integrated of all stock market software as you can effortlessly glide from powerful screening on a broad array of fundamental & technical screens to managing your watchlist and directly trading with the TC2000 brokerage. The Options screening and on-screen options execution is second to none and leading the industry.
The only downside to TC2000 is that it is only available for those who trade the US and Canadian Stock Markets.
TC2000 is well suited to Day Traders because its scanning is real-time, and you can trade directly from the charts if you use TC2000 Brokerage.
If you are interested in TC2000, click this button to get a discount on the Liberated Stock Trader PRO Training Course and our Stock Market Crash Detector Book (Combined Value $129)
|Try TC2000 Free||TC2000 Review & Test|
6. Screener.Co: Large Financial Database
Recommended for US & International Value Investors who want a large selection of Fundamental Criteria
Lenny Grover, the founder of Screener.co, has built a powerful fundamental stock screener using industry-leading Thomson Reuters Data. There is a massive amount of fundamental data, literally everything you ever dreamed of; everything in the financial reports is there and includes detailed breakdowns of each company’s details.
★ Huge Selection of Fundamental Screening Criteria
★ Good Historical Database
★ Can Export Data to Excel
✘ No News Service
✘ Difficult to Use
Screener.co features a large global universe of securities, so we recommend it for international investors; you can filter and screen for on exchange, index, sector, and even which country or state the company is headquartered in. A robust calculation engine allows non-technical users to create custom screening formulas to query 1,250 built-in metrics.
Screener.co is a fast HTML5 web-based platform that allows for rapid iteration when developing screens, unlike Bloomberg’s cumbersome EQS. Flexible column sets allow any metrics, including custom metrics, to be displayed in the results table or watchlist view.
Screener.co starts at $24.99 per month, which is comparable to Stock Rover, TC2000, and TradingView Premium Plus.
Screener.Co has solid fundamental screening, the elements I find to be unique are the:
- Insider Trading Screens. You can screen for Insider Net Share Bought, Insider Trades, Insider Ownership Percent, Shares Purchased, Buy & Sell Transactions, and insider shares sold.
- Historical Fundamental. Most Stock screeners will only show you the picture now. Screener.co stored the fundamental data historically also, which is a huge bonus if, for example, you want to track management effectiveness (return on assets) over time.
- Extensive Dividend Coverage, Institutional Ownership, and Financial Statements.
Screener.Co is not designed for people looking for Technical Analysis screening. This means that if you want to scan if the price is above the 200-day simple moving average (SMA) and the Relative Strength Indicator is above its own 20-day exponential moving average (EMA), then you cannot do it with this package. So active Traders need not apply.
Additionally, Screener.Co is not easy to use. You will need some significant time to sift through the database and learn the names of the specific criteria you are looking for.
[Related Article: Best Financial & News Services For Traders]
7. Finviz: Good Stock Market Visualization
As the name suggests, FINVIZ specializes in financial visualizations. Finviz provides a set of screens to allows clients to see the stock market volume, price trends and company size in a heatmap format. While this was innovative 15 years ago, many brokers provide this functionality now. Finviz has been around a long time, and the platform interface has not changed.
Finviz does provide the ability to scan insider trading, which is unique, and overall the platform is speedy and responsive. The Finviz maps screen looks impressive, allowing you to drill straight into top gainers and losers and the most volatile stocks. The problem is that as a stock screener, it offers only 16 fundamental and technical criteria to select; this severely limits your ability to create coherent trading or investing strategies.
The biggest drawback to Finviz is the inability to select specific criteria. For example, if you want to select two exchanges, the NASDAQ and the NYSE, you cannot as you can only select one. This goes for most of the screening selections and is a serious weakness.
8. NASDAQ/ZACKS Screener: Simple & Free Stock Screener
The NASDAQ Stock Screener has been around for a long time and is powered by Zacks data. It is the same screener as featured on the ZACKS website. It is an average fundamental screener that is easy to use and worth it for a quick scan or supplementing your existing charting software with analyst consensus ratings.
The NASDAQ stock screener features the Guru Stock screener, which attempts to formulate the criteria from famous investors into a pre-configured stock screen you can use off the shelf. Guru styles implemented include Ben Graham, Peter Lynch & Martin Zweig. Whether they turn you into the next Warren Buffet is another question.
Additionally, there is a detailed Earnings per Share screening, including Earnings, EPS, Last EPS Surprise %, Previous EPS Surprise %, Avg EPS Surprise (Last 4 Qtrs), Actual EPS used in Surprise ($/sh), Last Qtr EPS, Last Reported Qtr, Last Yr’s EPS (F0) Before NRI & Last Reported Fiscal Yr.
The screener also features extensive analyst rating filters, including upgrades, downgrades, and rating changes.
The negatives of the Nasdaq screener the severely limited free access. The majority of the selectable criteria require a premium package to be purchased from ZACKS. Finally, there is no technical screening capability.
9. Yahoo Finance: Simple Free Stock Screener App
With 114 different technical indicators and 52 stock screening criteria, beginners will be well covered with Yahoo Finance. Yahoo has updated its interactive charting; it is a clean experience and now works full screen. This is a big improvement. The interactive charts also now allow you to draw trendlines, linear regressions, and even quadrant lines. A nice new addition is that Yahoo now provides real-time quotes and charts via the BATS system.
Yahoo Finance is working hard to make its charting system a respectable alternative to other free vendors. They have actually done something quite innovative. You can now trade stocks through the Yahoo Finance charts, which provides an interface to many mainstream US brokers. But ultimately, it does not have an advantage over a broker’s standard software. It is a nice feature, but if you have a brokerage account, you will already have access to real-time data, charts, and quotes and can trade directly with them, so it seems a little redundant but still a step forward.
A major downside to the Yahoo Finance stock screener is there are no technical screening criteria, and access to more powerful scanning filters requires the premium version.
10. CNBC: Good Screening, Poor Interface
If you think this global broadcasting corporation would not settle for anything other than excellent, then you would be seriously wrong.
Over the last year, CNBC has put some effort into improving its charts and indicators. Called studies on the CNBC website, there are 90 indicators that you can apply to a chart and even make the chart full screen. This is an improvement. They have a stock screener with 98 fundamental indicators, including the number of employees in a company.
They have also added a watchlist functionality. There is no real-time scanning or screening; this is a click and copy to excel workflow situation. They have a limited stock universe, focusing only on North America.
Summary: Best Stock Screeners
Stock Rover is the Best Stock & ETF Screener in the USA, with a 10-year historical database, backtesting, ratings, and in-depth research & portfolio management capabilities. TC2000 has excellent real-time USA market scanning. MetaStock & TradingView are the best screeners for day traders covering global stock markets.
- Best Stock Screener Overall Winner: Stock Rover
- Best Free Stock Screener: Stock Rover – TradingView
- Best Stock Screener for Day Trading: TradingView
- Best Technical Analysis Stock Screener: MetaStock
- Best Paid Stock Screener: Stock Rover – MetaStock
- Best Free Real-Time Stock Market Screener: TC2000
- Best Value & Dividend Stock Screener: Stock Rover
- Best Global Stock Screener: TradingView
- Best Stock Screener App: Yahoo – TradingView
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