CI Market Dashboard

We have put together a collection of market indicators and track them to help you gauge the direction of the market.


CI Analysis Worksheets

Interactive analysis templates covering DuPont analysis (return on equity), valuing stocks the Warren Buffett way, and more to come.


CI Blog Feed

Market Rebound Generates New Bullish Dashboard Signal
posted 3 hours ago by Wayne Thorp

Bullish Sentiment Lowest in a Year
posted 3 days ago by Wayne Thorp

Mt. Gox Likely to Begin Liquidation Process
posted 4 days ago by Wayne Thorp

Intel’s Profit Declines Again Yet Shares Rise–What’s In Store for PCs?
posted 5 days ago by Joe Lan

Today Only: Google Glass for Sale
posted 5 days ago by Wayne Thorp



Computerized Investing > Third Quarter 2010

The Top Web-Based Stock Screening Services

PRINT | | | | COMMENTS (12) | A A   Reset

by Wayne A. Thorp, CFA

Many individuals forgo investing in individual stocks because they simply don’t know where to begin. With over 10,000 stocks traded on U.S exchanges alone, it is not surprising. Some investors attempt to chase after the latest “fad” stock being touted on financial blogs or investment newsletters, only to find they have come late to the party.

However, individual investors have the tools at their disposal to quickly and effectively isolate promising investment candidates if they have the time and patience to devote to the endeavor. The tools are called stock screeners, and with them you can select various parameters to isolate stocks meeting your criteria. These parameters may be technical in nature, such as finding stocks trading above their 50-day moving averages and with relative strength index RSI values above 90. Alternatively, you can create filters based on fundamental criteria, such as book value per share that is less than two-thirds the stock price and an average return on invested capital value over the last five years of at least 20%.

...To continue reading this article you must be a Computerized Investing Subscriber.

Gain exclusive access to this article and all of the benefits and investment education a Computerized Investing subscription offers.

SUBSCRIBE TODAY for just $24.
Log in
Already a CI subscriber? Login to read the rest of this article.

Subscribe
A subscription to Computerized Investing includes a monthly email and access to the CI Website, all of which aim to benefit your investing skills with respect to computers and the Internet.