Best Stock Screeners for May 2024 (2024)

Best Stock Screeners for May 2024

Best Stock Screeners for May 2024

With its lightning-fast platform and AI-driven functionalities for screening hundreds of criteria, Trading Ideas makes our list as the best stock screener for day trading.

Day traders need access to real-time data, and they need it now. That's what you get with the Trade Ideas Pro stock screener. Powered by a high-end artificial intelligence machine, the tool uses technical, fundamental, and social data to scan thousands of trading opportunities to find the ones with the most substantial upside potential quickly. That makes Trade Ideas our choice as the best stock screener for day trading.

Trade Ideas was founded in 2003 by a group of financial technology entrepreneurs in response to the growing demand for DIY investing. The customized server-based technology connects directly to the exchanges, enabling it to track every single stock and ETF that's traded. Every tick is analyzed and tested, measuring a securities behavior against the past in real time. That's the kind of edge that day traders need.

The stock screener employs leading-edge backtesting and automated stock trading features with multiple filters. Traders can use pre-configured layouts to start off strong. With more experience, traders can choose to customize their screens with their own criteria.

Traders also have access to a live trading room, real-time streaming trade ideas, and simultaneous charts. Trade Ideas connects directly to online brokerage firms such as E-Trade to allow traders to move between simulated trading and real-world trading.

As you might expect, having access to proprietary, high-end technology doesn't come cheap. But $228 a month is a worthwhile investment for the edge that traders seek. A standard plan is available for $118 a month without full access to AI technology, and a further discount is available if you pay annually. A third, baseline option called TI Strength Alerts for $17 a month gives you five new trade ideas every Sunday.

If you still aren't convinced about the service, Trade Ideas now offers a free version that can be used to test the pre-built layouts, scans, and screeners. However, as you develop as a day trader, you might also outgrow the free version. If that time comes, you will have the ability to upgrade anytime.

FINVIZ offers the right combination of swing trading tools, including a large selection of fundamental and technical criteria, real-time quotes, charts, backtesting, pre-market data, and email alerts. All this makes it our pick as the best stock screener for swing trading.

FINVIZ's stock screener has been a popular choice for investors since it was created in 2007. But what makes it stand out for swing traders is its comprehensive toolset that includes real-time data, interactive charts, pre-market data, and backtesting using years of historical data. FINVIZ is a great choice for all types of investors and traders, but it's our pick as the best stock screener for swing trading.

FINVIZ is short for Financial Visualizations, a reference to the unique and compelling way it presents information, making it easy and fun to navigate. Users can access a stock chart simply by hovering over the stock symbol in the screener.

But its real claim to fame is the way it has stacked its screener with many useful tools and features. Its Elite screener is a powerful research tool with access to real-time data, advanced charts, pre-market data, customized filters, and data export capabilities.

Its charts are interactive, allowing users to use a crosshair cursor to pinpoint exact data points or check a stock's relative strength indicator. You can also compare a stock's performance with the S&P 500 index. Everything is saved to your portfolio. You can use the screener for up to 100 portfolios and up to 200 screener presets.

FINVIZ*Elite is an excellent value at $39.50 per month or $299.50 a year. It also offers a free plan, but the data is not real time. That might be okay if you're more of a buy-and-hold investor or you set up your swing trades pre- or post-market.

Zacks Investment Research has a comprehensive stock screener solution with high functionality supported by a massive number of metrics. The free version offers enough tools to conduct thorough and informed filtering of stocks, which is why we picked Zacks as the best free option for a stock screener.

Zacks has built a reputation as a reliable source of stock data for investors looking for a stock picking edge, Zacks' free stock screener has almost everything investors need to make well-timed and informed stock picks. That's why Zacks is our choice as the best free option for a stock screener.

In addition to the hundreds of metrics that Zacks provides, one of its key features is users' ability to enter their own segmentation criteria. You can enter a customs value or range as a filter, giving you more opportunities for precise screening results.

Another standout feature is the extensive earnings per share (EPS) metrics, allowing you to delve more deeply into a company's relative performance compared to its EPS history.

All but some of its more advanced features are available on the free plan. You can dig deeper with more than 96 predefined screens or use the Custom Screener that shows you the best Zacks Rank stocks to match your personal interests and trading style such as Value, Growth, Momentum, or Income, with Zacks Premium membership for $249 a year. You can try Zacks Premium Screener, plus several additional powerful tools and research, with a free 30-day membership.

Investors have access to nearly every fundamental criterion you can think of through Stock Rover, as well as an extensive database of company financial statements. That's why it's our pick as the best stock screener for buy-and-hold investors.

Stock Rover offers limited technical indicator filters, which wouldn't make it a good choice for day traders, but you'll love the robust research and analysis tools offered if you're a long-term investor with buy-and-hold tendencies. That, coupled with its very reasonable pricing, makes Stock Rover our choice as the best stock screener for buy-and-hold investors.

Stock Rover was founded in 2008 by software engineers who have a passion for investing. They created an advanced web application to simplify how investors can research, select, and track investments. Its platform offers almost 500 screening filters for financial indicators for screening and comparing stocks, ETFs, and mutual funds. Users can finetune their results by creating complex equations and combining multiple filters.

Investors love Stock Rover's rating system, which scores securities on a scale from 1 to 100 in several categories. These include growth, valuation, efficiency, financial strength, dividends, and momentum. Followers of Warren Buffet will especially like the preset fair market value and margin of safety screeners.

Investors can link Stock Rover to their brokerage account for more robust reporting, portfolio analysis, and portfolio rebalancing recommendations.

Stock Rover offers a free account that's sufficient to get you started, but you can start with the Essentials plan for $7.99 a month to access more functionality. Essentials provides over 275 financial metrics, five years of historical data, watch list tracking, customizable views, and fast stock screening. The Premium plan adds substantially more features for $17.99 per month, including more financial metrics, 100 charts, and 10 years of historical data. The Premium Plus includes more than 700 financial metrics and top priority email support for $27.99 per month.

The TC2000 stock screening package is as robust and powerful as you'll find after more than 25 years of refinement, making it our top pick for interactive charting.

The TC2000 stock screener is as comprehensive as it gets. With its excellent selection of fundamental and technical screening criteria and powerful options and exchange-traded fund (ETF) screening, this award-winning stock screener has long outpaced the competition, which is why we picked it as the best overall.

The entry-level Silver plan costs $9.99 per month, providing users with the opportunity to begin testing the EasyScan stock screener's capabilities. But you can unleash its real power with the Gold and Platinum plans for $29.99 and $59.99 per month, respectively. All plans are discounted when paid annually.

The Gold plan provides full access to the EasyScan screener, including a simple step-by-step wizard for creating conditions. Users can jump from chart drawing tools into sortable watchlists that can set up to 100 alerts with simultaneous tracking.

The Platinum plan adds historical condition testing, automatic refresh intervals on scans, and sorts with up to one thousand alerts that can be simultaneously tracked. Users can receive up to $25 in monthly discounts if they have an account balance over $30,000 or place a trade at least once a month.

Its ease of use masks the power and robustness of its screening, scanning, and filtering. Integration is flawless if you open a TC2000 brokerage account for trading, allowing you to effortlessly move from screening on a wide range of fundamental and technical screens to managing your watchlists to executing trades. The same power and maneuverability apply to its ETF and options screening.

The only downside of TC2000 is that it's limited to U.S. and Canadian exchanges. That aside, the powerful TC2000 stock screener coupled with its solid customer support makes it hard to beat.

TradingView stacks up well with any of the stock screeners on this list, but where it excels is the breadth of securities it covers, including international stocks and funds from all over the globe. That makes TradingView our pick as the best stock screener for global investing.

As a stock screener, TradingView has it all, including a solid offering of fundamental, economic, and financial screening criteria and extensive charting functionalities built on advanced HTML5 technology. But where it stands out is its broad coverage of international stocks across 70+ global exchanges. That's why we chose TradingView as the best stock screener for global investing.

TradingView is the innovative brainchild of a group of traders and software developers who were intent on creating a trading platform for the masses. It's effortless, powerful, and accessible to everyone. TradingView's global reach is unparalleled with more than 50 million active worldwide users.

The stock screener includes more than 100 fundamental and technical criteria with the ability to customize filters and views to your liking. One of its outstanding features is the ability to map and compare economic indicators with a company's financial indicators to see how a company has performed in various economic conditions.

Another standout feature is its highly interactive chat room, bringing together traders from all parts of the world to share ideas.

You can start screening stocks and ETFs with TradingView for free, which includes access to the screener, list alerts, and advanced filter customization. Paid plans with more complete access to TradingView's powerful tools start at $14.95 a month and go up to $59.95. All paid plans include a 30-day free trial.