What is a stock screener?

A stock screener is a digital filter for the stock market, helping investors sort through thousands of stocks by applying various financial and qualitative criteria. This enables investors to narrow down a vast universe of stocks to those that meet their specific investment requirements, whether they're looking for undervalued stocks, high dividend yields, or specific industry players.

How do I use the stock screener?

First, you need to select the universe filters. This stage is about narrowing down the vast array of stocks to a more manageable and relevant set. Choose from various filters like stock exchanges, country of company headquarters, industry sectors, and market capitalization. These filters help you focus your search on stocks that match your broad investment interests, creating what's known as your 'investment universe.'

Once your universe is defined, the next step is to apply more specific filters to find stocks that meet your precise investment criteria. The stock screener offers a wide variety of such filters, allowing you to delve deeper into the specifics of company performance and valuation, tailored to your individual investment criteria.