Top 12 Best Stock Screeners & Scanners Review 2020 (Apps & Software)

Our In-Depth 796 Data Point Report Tests & Compares The Best Stock Screener & Scanner Software & Apps Making This The Webs Most Detailed Review

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 key functionality and metrics that make a great stock screener. I hope you see value in the thousands of hours of testing and research invested in this comparison.

Best Stock Screeners
Best Stock Screeners In-Depth Review & Comparison

With over 796 data points and a detailed screener comparison table, this is the most detailed screener review on the web.

Review Summary

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. MetaStockTradingView have good screening across the international stock, commodities, and cryptocurrency markets.

Stock Screener Winners Comparison Table

Stock Rover ScreenerTradingViewMetaStockTC2000 - Award Winning Analysis Software
Free Stock Screener
Paid / Premium Screener
Financial Screening
10-Year History
Portfolio Management & Analysis
Technical Chart Scanning
Stocks & ETFs
Fx & Commodity Screening
USA & Canada
Global Market Data
Recommended for:InvestorsTradersTraders / InvestorsTraders
VisitStock RoverTradingViewMetaStockTC2000

If you want to compare all screener features head to head, jump to the searchable Stock Screener Comparison Table

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Top 12 Best Stock Screeners

1. Stock Rover – Best Stock Screener Overall Winner USA

Stock Rover Review - The Best Screener

Best for USA & Canadian Value Investors Seeking An Excellent Fundamental & Financial Analysis Stock Research Software. Easy to Use Yet Extremely Powerful; this is Our Outright Winner

Stock Rover Pros & Cons

ProsCons
★ The Best Free & Paid Screener in the USA✘ No Social Community
★ Huge Selection of Fundamental & Financial Scanning Criteria
★ Incredible Stock Scoring Systems Allow You To Find Perfect Matches For Your Portfolio
★ Powerful research Report & Portfolio Management Tools
★ Unique 10 Year Historical Fundamental Database
★ 100’s of Value, Growth & Dividend Screeners / Portfolios Pre-Built
★ Easy to Use & Integrated With Your Broker for Portfolio AnalysisTry Stock Rover Free

 

Stock Rover: Best Stock Screener Review Winner 2020

Liberated Stock Trader Review Winner
Stock Rover Best Stock Software For Income & Value Investors

I actively use Stock Rover every day to find the undiscovered gems 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.

It is really impressive that Stock Rover also stormed into the review winners section of our Stock Market Software Review in its first try.

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 when compared to the competition.

How Much Does Stock Rover Cost?

  • Free $0. Scanning for 10,000 stocks, 43,000 mutual funds & ETF’s, broker integration, portfolio analysis & market news
  • Essentials $7.99 US/mo. 5 years of historical data, 10 fair value, and margin of safety ratings per month + earnings calendar
  • Premium $17.99 US/mo. 350 fundamental metrics, 10 years of historical data, stock & ETF ranked screening. 10 stock ratings per month, 20 fair value & margin of safety ratings per month.
  • Premium Plus (Recommended) $27.99 US/mo. 10 years of historical screening, an unlimited margin of safety and fair value scoring, unlimited stock warnings, and stock ratings + analyst ratings scoring.

I strongly recommend going for the Stock Rover Premium Plus at $27.99 per month.  Why?  Because having used the service extensively, I cannot live without the unlimited stock ratings, analyst ratings scoring, and the unlimited fair value and margin of safety scoring.

The lower-priced service tier limits the number of ratings, so go for the Premium Plus, it is well worth it at only $27.99.

Stock Rover Platform

Stock Rover runs on PC, Mac, Tablets, and Smartphones and requires zero installation, it simply works.  The market data, scoring, ranking, and analysis are for the USA & Canadian markets only.

Stock Rover has the best implementation of stock screening on a cloud-based architecture on the market.

Broker Integration

With Stock Rover, you get broker integration with practically every major broker, including our review winning brokers, Firstrade, and Interactive Brokers.  Stock Rover will take care of profit & loss reporting on your portfolio and provide recommendations for portfolio 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.

Fundamental Scanning & Screening

Another perfect score for Stock Rover as they hit the mark on company stock scanning and filtering, and fundamental watchlists also.

The list of fundamentals you can scan & filter on is genuinely huge.  Any idea you have based on fundamentals will be covered with over 600 data points and scoring systems.

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 Excellent Stock Rover Ratings Engine

The team over at Stock Rover has implemented some great functionality, one I particularly like is 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.  This “Stock Rover Ratings” tab rolls up all analysis into a simple to view ranking system, saving a tremendous amount of time and effort while providing a wealth of insight.

The Best Stock Screener - Stock Rover
The Best Stock Screener Stock Rover. The Warren Buffet Scan

Powerful Pre-Built Screeners — Integrated into Stock Rover

Stock Rover already has over 150 pre-built screeners that you can import and use.  You do need to have the Premium Plus service to take advantage of this, I have reviewed many of them, and they are very thoughtfully built.  One of my favorites is the Buffettology screener.

The Stock Rover Buffettology Screener — Screenshot

Stock Rover Warren Buffet Screener
Stock Rover Warren Buffet Screener. This 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.

Stock Rover Screeners — Buffett’s Holy Grail

Here is another screener that I really like.  If you select any screener, in this case, I chose 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, warrant the investment in Stock Rover all by themselves.

[Related Article: 4 Easy Steps To Build Your Own Warren Buffett Screener With Stock Rover]

Fair Value and Margin of Safety Rankings

Stock Rover - Fair Value & Margin of Safety Indicators
Stock Rover Fair Value & Margin of Safety Indicators

Use Stock Rover For Free

Detailed Dividend & Income Analysis

Stock Ratings & Dividend Analysis
Stock Ratings & Dividend Analysis

Another reason why I like Stock Rover so much is the detailed dividend and income analysis provided.

As all smart investors know, to have a chance at excellent market-beating returns, you need to accrue your dividends.

Stock Rover provides intelligent analysis to enable you to do just that.

Stock Charting & Technical Analysis

Looking at stock charts with Stock Rover is different from all the other software vendors on the market.  Whereas MetaStock & TradingView focus on hundreds of technical analysis (price/volume) indicators, Stock Rover focuses on charting the fundamental financial strength indicators.

With over 154 different financial indicators and only 9 technical analysis indicators, Stock Rover is not the best service for technical analysis or frequent trading. Still, it is by far the most complete package for fundamental income and value investors.  So, although this section is for technical analysis, they are so good with charting fundamentals, I have rated them a score of 70%.

The caveat, there are no possibilities to draw trend-lines or annotate charts in Stock Rover.

Stock Rover Research Report — New for 2020

An excellent new addition to the Stock Rover platform is the Research report. This brand new service enables you to generate a professional, readable PDF report on the current and historical performance of any particular stock.  To read more about this functionality, see our detailed Stock Rover Review.

Stock Rover Usability

Within 15 minutes, I was using Stock Rover, no installation required, and no configuring data feeds; it was literally just there.  Stock Rover is up and running with a single click of the login button.

Even better is the fact it there are so many curated screeners and portfolios to import and use; you are instantly productive. It is quite a feat that it is so easy to use, considering Stock Rover has so many powerful scoring and analysis systems.

Stock Rover Review Summary

Stock Rover wins our Stock Market Software review by providing the best software for value and income investors. A 10-year financials & fundamentals historical library plus incredible scanners including all of Warren Buffet & Ben Graham’s favorite criteria. Fair Value, Margin of Safety, and so much more.

If you are a long-term investor, this is the software for you.

Try Stock Rover FreeRead The Detailed Stock Rover Review

Related Articles: Finding Great Stocks With Stock Rover

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TradingView2. TradingView – Best Free Stock Screener For Global Trading

Best Free Global Stock Screener for Investors & Day Traders who want the excellent Fundamental & Technical Stock Screener Capabilities at a Great Price

TradingView Pros & Cons

ProsCons
★ Good Selection of Fundamental & Financial Scanning Criteria✘ No Deep Historical Data
★ Best Screener for Global Stock Markets, Every Market Covered
★ Ability to Screen Forex, Cryptocurrency & Commodities
★ Excellent Social Community
★ Great Usability & SetupTry TradingView Free

TradingView is a serial winner in our reviews.  Review Winner “Best Stock Charting Software”, “Best Free Stock Charting Software,” and now one fo the winners for “Best Stock Screener”.Liberated Stock Trader Review Winner

TradingView has a very slick system, and they have put a tremendous amount of thought into how fundamentals integrate into the analytics system.

Key Benefits of TradingView

  • Watchlists have fundamentals broken into Performance, Valuation, Dividends, Margin, Income Statement, and Balance Sheet.  You can set the Watchlist and filters to refresh every minute if you wish.
  • Economic Indicators & Filters. 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, 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 Fundamental Stock Screening & Analysis

The TradingView Stock Screener Comes With 150 Different Filters
Screenshot: The TradingView Stock Screener Comes With 150 Different Filters

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 PE Ratio (forwards and trailing twelve months).  But it also goes deeps with more esoteric criteria such as the number of employees, Goodwill and Enterprise Value.

Another great thing about the screener implementation is that is is very customizable; you can configure the column and filters exactly how you like it.  As you can see above, I have changed the overview screen to include the number of employees, P/E, and EPS TTM.

Forex Pairs Screening Implementation

What makes TradingView unique here is the availability of screeners for chart patterns and setups for foreign exchange pairs.  This makes it very valuable for day traders searching for volatility and using leverage.

The TradingView Forex Screener Is Nicely Implemented
The TradingView Forex Screener Is Nicely Implemented

In the Forex screener, we can compare performance and volatility together will help you to narrow down the list for currency traders.

Cryptocurrency Screener Implementation

The ability of TradingView to also provide crypto screening is unique.  They have also included a rating filter.  In the screenshot below, you can see a technical rating for the crypto pair.

The TradingView Cryptocurrency Screener Has A Very Nice Rating System
The TradingView Cryptocurrency Screener Has A Very Nice Rating System

The rating system enables you to select the crypto’s 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.

TradingView Summary

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.

Introduction To TradingView Video

Read the Full TradingView Review HereTry TradingView Now For Free
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MetaStock Review Winner3. MetaStock – Best Day Trading Scanner & R/T News

Best for International Investors & Day Traders who want the best Fundamental & Technical Stock Screener Capabilities with the Best Real-time News Service & Economics Data

MetaStock Pros & Cons

ProsCons
★ Excellent Selection of Fundamental & Financial Scanning Criteria✘ Need to purchase Refinitiv Add-on for screening
★ Best Screener for Global Stock Markets, Every Market Covered✘ A little pricey
★ Ability to Screen Stocks, Futures, Forex & Commodities
★ Winner for Backtesting & Forecasting SystemsVisit MetaStock

Liberated Stock Trader Review Winner

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

They have an incredible database of global fundamental data, 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 and MetaStock R/T gets a perfect 10.

MetaStock Video Showing the Simplicity of Screening & Analysis

 

MetaStock Stock Screener Highlights

  • Global Data Coverage, Real-time, and Accurate
  • Screening on Exchange Traded Funds, Mutual Funds, Options and even Foreign Exchange (Forex)
  • Extensive Analyst Ratings and Changes Coverage
  • 79 Core Fundamental Screening Criteria, but in reality, there are many more.
  • 100+ off the shelf Technical Screens, but another 169 more are available using the explorations

But It’s Not Free!

The fact is if you want real power, it will cost you.  MetaStock is a Review Winner for our Best Stock Market Software Review, and that is for many good reasons.

  1. You get real-time news Included
  2. You get world-class charts and flexibility.
  3. You get extremely powerful systems backtesting.
  4. You also get forecasting into the future, which is unique.
  5. Prices for MetaStock R/T + Xenith average $250 per month

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 DealRead the full MetaStock Detailed Review
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TC2000 - Award Winning Analysis Software4. TC2000 – Best Free Stock Market Scanning USA

Best for US & Canadian Investors, who want Entire Market Scanning of Fundamental, Technical Criteria + Charting at a great price point

ProsCons
★ Excellent Selection of Fundamental & Technical Screening Criteria✘ No News Service
★ Great Workflow & Fundamentals Integration✘ No Social Trading
★ Can Create & Scan on Custom Indicators
★ Ability to Trade from Charts with a TC2000 Brokerage AccountVisit TC2000

Liberated Stock Trader Review Winner

Make no mistake about it; if you want fundamentals screened in real-time layered with technical screens all integrated into live watchlists connected to your charts, Telechart is a power player.

TC2000 was one of the few Winners in our “Best Stock Market Software Review.”

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.

They offer 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. 10 out of 10 marks for TC2000.

TC2000 Stock Screener & Software Highlights

  1. Free Version of TC2000 (previously freestockcharts.com) that you can use to begin testing its capability

    EasyScan Stock Screener Dashboards in TC2000
    EasyScan Stock Screener Dashboards in TC2000
  2. Low-Cost Premium Version. The Premium TC2000 is incredibly powerful, with an end of day data entry-level price of $9.95 per month which is incredible
  3. The ease of use masked the robust scanning, screening, and filtering
  4. Integration. It 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.
  5. ETF Screening. Powerful Exchange Traded Fund Screening is included.
  6. Options Screening. The options Screening and on-screen options execution is second to none and leading the industry.

The only downside here is that it is only available for those who trade the US and Canadian Stock Markets.

Day Trader Stock Scanner / Screener

Worden is also very 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 + Get Bonuses

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5. Screener.Co – Large Financial Screening Database

Recommended for US & International Value Investors who want a large selection of Fundamental Criteria

ProsCons
★ Huge Selection of Fundamental Screening Criteria✘ No News Service
★ Good Historical Database✘ Difficult to Use
★ Can Export Data to Excel
Visit Screener.co

Liberated Stock Trader Review RecommendedThe big surprise contender this year is the brainchild of Lenny Grover, the founder of Screener.co. Using industry-leading Thomson Reuters Data, he has crafted a very detailed fundamental scanner.

There is a massive amount of fundamental data, literally everything you ever dreamed of; everything in the financial reports is all there and also includes detailed breakdowns of each companies details.

The key features:

  1. A large global universe of securities. This is why we recommend for international investors; you can even filter screen for which exchange, index, sector, and also which country or state the company is headquartered in.
  2. Robust calculation engine that allows non-technical users to create custom screening formulas leveraging over 1,250 built-in metrics
  3. Fast HTML5 web-based platform that allows for rapid iteration when developing screens (unlike Bloomberg’s cumbersome EQS)
  4. Flexible column sets allow any metric (including custom metrics) to be displayed in the results table or watchlist view.
  5. Detailed company profiles that can be viewed by clicking on a result and selecting View Company Profile
  6. Very low price. It’s not free, but this could be well worth the entry-level price.

Screener.Co ha solid fundamentals and here are the elements I find to be unique or especially strong:

  • 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 Stock Screener - Best for Value Investors
Click to Zoom Screener.co Stock Screener Good for Value Investors

Two Drawbacks

  1. Screener.Co is not designed for people looking for Technical Analysis screening.  This means that if you want to be able 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.
  2. 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]

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6. NASDAQ/ZACKS – Good Free Stock Screener USA

The NASDAQ Stock Screener has been around for a long time, actually, now it is powered by Zacks.  It is the same screener as features on the ZACKS website.  It is an OK fundamental screener that is easy to use and worth it for a quick scan or to supplement your existing Charting Software with Analyst Ratings.

NASDAQ / Zacks Stock Screener Positives

NASDAQ ZACKS Stock Screener
NASDAQ ZACKS Stock Screener
  • Guru Stock screener. This is a nice idea, they have attempted 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.
  • Incredibly detailed EPS (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
  • Extensive Analyst Rating Filters, including upgrades, downgrades, and rating changes

NASDAQ / Zacks Stock Screener Negatives

  • Limited Free Access. Quite a number of the selection criteria require a premium package to be purchased from ZACKS
  • No Real Technical Screening Capability only fundamentals

[Related Article: Best Brokers For Zero Commissions Trading]

7. Yahoo – Best Stock Screener For Broker Integration

Yahoo Finance Stock Screener
Yahoo Finance Stock Screener – CLICK TO ZOOM

Yahoo, as long as they remain in business and do not fire the employees maintaining the Yahoo Finance portal, do have a good Stock Screener.

Yahoo Stock Screener Positives

  • 52 Different Stock Screening Fundamental Filters
  • Easy to use interface
  • Watchlist integration
  • Good basic off the shelf Screens

Yahoo Stock Screener Negatives

  • No Technical Screening Criteria to mention.
  • Access to some powerful scanner filters requires the premium version

8. FINVIZ – Good Technical Market Visualization For Traders

FINVIZ has been around a long time and has a good selection of screening criteria.finviz-stock-screener

FINVIZ Stock Screener Positives

  • The opening screen looks impressive allowing you to drill straight into top gainers and losers and most volatile
  • The Visual Approach to Screening is very nice
  • FINVIZ does have 29 Fundamental Criteria and 17 Technical Criteria to select

FINVIZ Stock Screener Negatives

  • Inability to select specific criteria, for example, if you want to select two exchanges, the NASDAQ and the NYSE, you cannot, you can only select one.  This goes for most of the selections and is a large negative.

[Related Article: 30 Best Stock Market Websites]

9. CNBC – Good Basic Stock Screener, Poor Interface

If you think this global broadcasting corporation would not settle for anything other than excellent, then you would be seriously wrong.

CNBC Stock Screener Positives

The Laughable CNBC Stock Screener
The Laughable CNBC Stock Screener
  • 98 Fundamental Indicators, including the number of employees in a company.

CNBC Stock Screener Negatives

  • Poor Interface, this is the worst in the list in terms of implementation, it seems like they have given up
  • No Watchlists, there is no way I can find to use a watchlist and maintain it
  • No real-time scanning, this is a click and copy to excel situation
  • Bad usability, follow the link and see if you can even start a screening session
  • Limited Stock Universe, Focussing only on North America
  • No real Technical Screens

10. Reuters  – A Few Good Pre-Configured Screeners

Reuters is definitely leaving the power screening to MetaStock and Screener.Co, because this online version of their data is not really worth the effort.  However, there are some benefits.

Reuters Stock Screener Positives

Nice Pre-configured Screens

Reuters Stock Screener - No Match for MetaStock or Screener.Co
Reuters Stock Screener. No Match for MetaStock or Screener.Co
  • GROWTH AT A REASONABLE PRICE (GAARP)
  • LARGE CAP GROWTH
  • SMALL CAP VALUE
  • SMALL CAP GROWTH
  • NEAR PRICE HIGHS
  • MID-CAP MOMENTUM

Data does include Europe, the Americas, Asia Pacific & Africa & Middle East

Reuters Stock Screener Negatives

  • A seriously limited selection of criteria.
  • Price/Earnings
  • EPS Growth Rate
  • Price/Earnings/Growth (PEG)
  • Sector & Industry

11. MSN Money –  Basic Screener With 45 Parameters

Microsoft has done a reasonable job with this Stock Screener

MSN Money Stock Screener Positives

  • 45 Fundamental Screening Selections will cover a beginner’s needs
  • Nice Clean Simple Interface
  • Easy to Use
  • Includes MorningStar Ratings
  • Global Data Coverage

MSN Money Stock Screener Negatives

  • No easy way to add multiple selected companies to a watchlist.
  • No technical screens

12. MarketWatch – Includes Zacks Ratings But Poor Overall

For a company whose name infers watching the market, this poor stock screener does not do a good job of it.

MarketWatch Stock Screener Positives

  • Includes Zacks Ratings

MarketWatch Stock Screener Negatives

  • With a grand total of 4 criteria, this screener is a waste of time
  • Extremely poor, hardly anything worth selecting
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Stock Screener Review Summary

Out of all the screeners we reviewed, the clear winners are Stock Rover with the best ratings and scoring engine plus ten years of historical financials and analyst ratings. TradingView has excellent scanning across the global stock markets. MetaStock has extremely powerful scanning and real-time news.

TC2000 has the most integrated approach to screening & technical analysis but is only available for US investors. Finally, Screener.co has a powerful historical database of fundamental data but will take time to master.

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Stock Screener Comparison Table

We evaluated 20 contenders, from well-known companies like FINVIZ, AOL Finance, MSN Money, CNN Money, MarketWatch, Reuters & NASDAQ, and some newer lesser-known companies.

We trimmed the list to only 12 worth mentioning.  There are clearly four winners based on our evaluation.  The winners were selected based on the number of filterable, customizable criteria available in the Stock Screener, but also including value for money, usability, and innovation.

VendorStockRoverTradingViewMetaStockTC2000Screener.CoZACKSCNBCYahooMSN FINVIZMarketWatchReuters
ResultWinnerWinnerWinnerWinnerRecommended
Pricing
Free
Premium
Market CoverageStock RoverTradingViewMetaStockTC2000Screener.CoZACKSCNBCYahooMSN FINVIZMarketWatchReuters
U.S. Stocks
International Stocks
Stock Screening
Sector & Industry Screening
ETF Screener
Depository Receipts
Mutual Fund Screener
Options Screener
Forex Screener
Crypto Screener
Fundamental Scanning & ScreeningStock RoverTradingViewMetaStockTC2000Screener.CoZACKSCNBCYahooMSN FINVIZMarketWatchReuters
Real Time Scanning & Filtering
Watch Lists with Fundamentals
Pre-configured Scans
Customizable Scans
Fundamental Screening Filters
Price/Earnings Ratio P/E
EPS Growth Rate 
Price/Earnings/Growth (PEG)
Current Ratio / Quick Ratio
Dividend Yield
Dividend Expected
Profit / Income / Revenue
Price to Book / Price to Cashflow
Assets / Debt to Equity
Return on Equity / investment
Market Capitalization
Profit Margin
Special Value Investing Scoring
Margin of Safety
Fair Value
Greenblatt Earning Yield
Price to Graham Number
Price to Lynch Fair Value
Yachtman Forward RoR
Altman Z-Score
Poitroski Score
Beneish M-Score
Total Fundamental Criteria500+5279855001289852452923
Unique Screening CriteriaStock RoverTradingViewMetaStockTC2000Screener.CoZACKSCNBCYahooMSN FINVIZMarketWatchReuters
Extended Economics Fundamentals
Number of Employees
Enterprise Value EBITDA
Revenue Per Employee
Guru Stock Screener
Analyst Ratings
Analyst Ratings & Changes
Candlesticks
Morningstar Profitability & Growth
Technical ScreensStock RoverTradingViewMetaStockTC2000Screener.CoZACKSCNBCYahooMSN FINVIZMarketWatchReuters
Price
New Highs - Lows & % Change
Volume
Oscillators
Bollinger
Commodity Channel Index CCI
Moving Averages
Money Flow
Ichimoku Cloud
Volatility
RSI Screen
Technical Screens Score15480100875621351720
Best Stock Screeners Comparison Table

Jump to the Legend Explaining the Comparison Factors

6 Steps to Follow Before You Buy Stock 

Here is a simple process I use to find growth stocks.Stock Screening Process

Step 1: Understanding

Understand what you are looking for. (Fundamentals – EPS% Acceleration).  I cover some of the core of fundamentals in Course 102 Stock Market Investing

Step 2: Selection

Use your selection criteria to narrow down the 7000+ stocks on the US Stock Markets or over 50,000 stock worldwide. (Stock Screening covered in detail in the PRO Training)

Step 3: Fundamentals

From your Screened List, you can then review in detail further detailed fundamentals.

Step 4: Industry Knowledge (optional)

Learn a little about the industry of the stocks you are interested in.

Step 5: Technical Analysis

Analyze the Price Patterns to assess when to BUY “Charting.”

Step 6: Buying Strategy

Work out your Entry and Exit Strategy

Now we know what the process is before we buy, we will now focus on the screener to use, and the selection criteria so find good companies.

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5 Stock Screener Criteria For Growth Stocks

So, this section is explicitly about filtering out the junk to find the Gems.  This screen is highly focused on fast-growing companies.

1. Close Price >= $4

This is the Share Price of the Stock at last market close. Use this to filter out Penny Stocks, there is a reason that the share price of a stock can be so small, and it is not usually a good reason, stocks decline in price because the company’s behind the stock are usually run poorly, or have little if any cash flow.

2. Market Capitalization >= $200 Million

This is the worth of all the outstanding stocks added together. Essentially the worth of the company. You could use a figure of $100 Million, of $50 Million if you wish; this depends on what you personally think constitutes a stable business size. However, the phrase coined recently is “too big to fail,” which sends shivers of paranoia through the private investor.

3. EPS % Change Last Quarter >= 30%

This is the % increase in the EPS for the last three months. I set this a 30%, to show us stocks performing strongly.

4. EPS % Growth 1 Year >= 50%.

Combined with the previous criteria, this helps us separate the growth stocks. This means over the last year earnings have increased by over 50%. Never a bad thing.

5. Projected EPS Change Current Quarter >= 30%.

This means the companies estimated Earnings for this quarter. In the current climate, you could drop this to 20% if you wish, as demand is contracting a lot, so 20% would still be healthy.

After you run this screen, you will have a list of potential stocks.  This list changes over time, so do not expect it to be the same as the list above.

What you are left with is companies that are a good size, relatively stable, which strong revenue and profitability.

You may not have heard of these companies; they may still be relatively small, but they may hold the key to strong long-term price appreciation.

Top 10 Best Stock Market Analysis Software Review
Top 10 Best Stock Market Analysis Software Review
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Stock Screener Comparison Factors

Pricing

  • Free, is the service offered for free
  • Premium, is the service a paid-for service

Market Coverage

  • U.S. Stocks, Complete U.S. Stocks Coverage
  • International Stocks, Are markets in Europe & Asia also covered e.g., suitable for investors outside the US.

Stock Screening. What Trading Vehicle are Covered

  • Sector & Industry Screening. Can you drill down and screen on specific Sectors & industries
  • ETF Screener. Does the Screener scan Exchange Traded Funds
  • Depository Receipts. Are ADR’s included as a criterion to scan
  • Mutual Fund Screener. Are mutual funds included
  • Options Screener. Does the screener enable scanning for Stock Options & Setups
  • Forex Screener. Does the vendor provide Screening for Foreign Exchange
  • Crypto Screener. Can you screen Crypto Currencies such as Bitcoin

Fundamental Scanning & Screening

  • Real-Time Scanning & Filtering. Can you scan in real-time and have the software auto-update, good for day traders
  • Watch Lists with Fundamentals. Can you build watchlists with Fundamental Column for easy comparison
  • Pre-configured Scans. Does the company provide off the shelf scans to get you up and running quickly
  • Customizable Scans. Can you fully customize and even develop your own scans

Fundamental Screening Filters. Important Fundamentals all Stock Screeners Should Have

  • Price/Earnings Ratio P/E
  • EPS Growth Rate
  • Price/Earnings/Growth (PEG)
  • Current Ratio / Quick Ratio
  • Dividend Yield
  • Dividend Expected
  • Profit / Income / Revenue
  • Price to Book / Price to Cashflow
  • Assets / Debt to Equity
  • Return on Equity / investment
  • Market Capitalization
  • Profit Margin

Total Fundamental Criteria. A Total of all the Fundamental Criteria in the Stock Screener (not just what is listed above)

Unique Screening Criteria. What are the unique Screening Criteria this company offers

  • Extended Economics Fundamentals
  • Number of Employees
  • Enterprise Value EBITDA
  • Revenue Per Employee
  • Guru Stock Screener
  • Zacks Rating
  • Analyst Ratings & Changes
  • Candlesticks
  • Morningstar Profitability & Growth

Technical Screens. Screening on Charts, Indicators & Patterns

  • Price
  • New Highs-Lows & % Change
  • Volume
  • Oscillators
  • Bollinger
  • Chaikin Money Flow
  • Commodity Channel Index CCI
  • Moving Averages
  • Money Flow
  • Ichimoku Cloud
  • Volatility
  • RSI Screen

Total Criteria. A count of all technical criteria available in the Stock Screener App
Total Score. The Sum of Total Fundamental Criteria + Total Technical Screener Score 

Did you enjoy this review, did it help you?  Leave your feedback below, or share with friends. Sharing is Caring.

 

35 COMMENTS

    • ROI I do not scan for, however P/E, Revenue Growth, Long Term Debt to equity ratio and volume surge are all good measures. In the book I included detailed scans for searching for different types of Stock, such as fast growth companies, cyclicals, recoveries and stalwarts, in also includes lesson on how to compare companies in the same industry. Over time I will release some of these lessons to the website.

      thanks for asking.

    • you sure can, register as a member, add the RSS feed, or click on “get email updates” in the top left bar.

  1. barry, a good stock screener that i use which is free that you might want to take a look at and maybe recommend is at finviz.com it gives you everything you could want for selections. it even lets you pick technical options candlestick patterns such as a doji. i think you would like it

  2. Hi Philip, I just checked out finviz.com, you are right it looks really good, and it is very fast. Will check it out in more detail in a future session on stock screening. Thanks for the tip.

  3. What philip says is correct…finviz is the best free stocks sceener.. i wish that it covers the Asia markets. Indonesia is a hot market right now. It has already overtaken China and growing fast,really fast.

  4. Nice posts looking to make a screener for my Tradestation software chatrs. Where is your book I want it also?

    Thanks
    Darren

    • Hi Darren

      thanks for the comment 🙂

      The book is available as part of the Liberated Stock Trader PRO Training, available here.
      http://www.liberatedstocktrader.com/stock-market-education-products/

      The training goes deep into stock screening for Fast Growth, Blue Chip, Cyclical and Dividend rich stocks with full video lessons on fundamentals.

      Let me know how you get on.

      Barry

  5. It’s really a cool and helpful piece of information. I am happy that you simply shared this useful info with us. Please keep us informed like this. Thanks for sharing.

  6. Thanks Barry for sharing, it is very helpful.. also Philip thank you for sharing finbiz.com..

    Barry do you have a video where you go over the screen parameters you discussed here? i am new to investing stocks & seems like screening is a very crutial part of selecting a profitable stock. so any other video/class on screening if you have, can you please share? thanks 🙂
    AC

    • HI Arunav, in the Liberated Stock Trader PRO training I have two chapters (including video) discussing how to analyze stocks and perforn stock screening to find great stocks. It covers fast growth stocks, cyclical / defensive stocks, undervalued stocks and bluechips.

  7. Thanks Barry..
    I am planning on buying the pro version.. however since i am new to the stock market, i want to first complete the free classes, have some basic understanding of the stock market & then start with the pro classes.

    Another question on back to the screener- do use same set of parameters to screen short term stocks (like few weeks) & long term stocks which you wish to hold for atleast a year? If not what different parameters you use? Thanks in advance 🙂

    AC

    • Hi Arunav

      my suggestion would be go for the PRO training now, because it includes the basic training on the free course and will fast track you into the knowledge you need. To answer your question you should let the stock price tell you when to exit a stock and when to hold it. The most profitable period to hold a stock is 45 days according to my testing, however a stock might surge for a week then pull back. You need to set your price target in advance and stick to the plan. That might be 2 weeks, that might be 3 months. The pro training teaches a master exit strategy called the escalator method.

  8. Hi Barry,

    Thanks for the article. Good reviews.

    For stock screeners looking for preset scans of chart patterns such as breakouts and pullbacks, my company just launched a new online stock screener that fits the bill.

    It costs $11.95 per month, but there is a $4.95 trial period of 30 days. It is located at https://www.morpheustrading.com/services/stock-screener

    Hope that your readers may find this useful and helpful.

    Deron

  9. It’s nearly impossible to find educated people in this particular topic, however, you sound like
    you know what you’re talking about! Thanks

  10. You should try our service at Screener.co ( https://screener.co). It is the most powerful stock screener that is accessible to individual investors both from a cost and usability perspective. I would definitely appreciate your feedback on our service.

  11. Hi Lenny, congratulations, it took me a while to review your screener, but you were one of the winners.

    • Thanks Aldwin, I will check out chartmill in the next round in 2019

  12. Great review! Thank you for taking the time to take a look at all those screeners. For the round in 2019, it might be worth to include Wallmine

  13. Market Traders Institute used a screener called Ultimate Market Screener which is no longer available after today. I thought this was a very powerful equity tool and made coin with it. Do you have any information about this tool and who the developer is. I would like to obtain this tool again. Thanks!

    • Hi Gary, no sorry I do not have any info on this product.

  14. Thanks for sharing the post. The way you narrated the post is good and understanding. After reading this post I learned about some new screeners. Please let me know for the upcoming posts.

  15. […] This beat the Market has been made possible due to the fabulous work done by the team at Stock Rover, who have created a powerful research and screening platform, which won our in-depth Best Stock Screener Review for the last 2 years. […]

  16. I need clarification on your pricing. There’s no clear distinction between the prices for “free users” and “essentials.” For example, there’s one prices for $49/yr. and another priced for $59/yr. I like to try the $49/yr but there’s no where to register for it.

    • Hi Martin, thanks for the question about Stock Rover. Essentials is one of the premium plans, so I think you can sign up and then select the essentials plan. Yes it seems a little confusing. I will see if they can change it.

  17. Hi Barry, great reviews looks like you forgot to include Equityfeed/Scanz in your list. They are definitely pretty incredible for intrada trading. Cheers!

  18. Great summary Barry, thanks a lot
    Does anyone know if any screener has an option to filter based on BMO and AMC Earnings values compare to Forecast?

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