A stock screener is a tool that helps you uncover stocks and other securities that match your investing goals. Screeners use fundamental and technical analysis to sort securities that demonstrate the performance characteristics you want.
Metrics available for stock screening include things like market capitalization, EPS, operating cash flow, return on investment (ROI), analyst recommendations and dividend yield. Technical traders might focus on metrics like momentum, moving averages, relative strength index (RSI), average directional index (ADX) and chart patterns.
The more metrics available on a stock screener, the more precise it can be in delivering a list of potential securities to buy. The best stock screeners should offer features that appeal to every type of investor, from novices to adepts.