Screening

Good times and bad, we need good tools to help us sift through the plethora of junky stocks out there. Here are some choice free screeners and some screening ideas.

Screeners:

Screening Ideas:

“Panic Buy” Potentials (Link):
Why: find stocks that have been doing well enough overall but experienced a recent pullback – is the reward vs. risk worth seeing if buying the dip is worthwhile?

Criteria:

  1. Performance: Week Down
  2. 50-Day Simple Moving Average: Price Above SMA50
  3. 200-Day Simple Moving Average: Price Above SMA200
  4. 50-Day High/Low: 0-10% Below High
  5. Average Volume: Over 1M

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Correction / Bear Market Shorting Opportunities (Link):
Why: big companies are falling anyway – make a buck if you’re brave (I’m totally not there, yet)

Criteria:

  1. Market Cap: >10b
  2. Price: >$10
  3. Average Volume: >500k
  4. Option/Short: Optionable
  5. P/S: >10
  6. Country / Sector if the list is too long.

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Large Market Cap Value (Link):
Why: narrow down to big quality to speed up long term investment idea research

Criteria:

  1. Market Cap: >10b
  2. P/B: <5
  3. Quick Ratio: >0.5
  4. Net Profit Margin: >10%
  5. P/E: <15
  6. Float Short: <20%
  7. 52wk High/Low: 10% or more below high
  8. Industry: Stocks only
  9. Country: USA
  10. Current Ratio: >1