With the surge in market volatility, it can be helpful to scan your holdings and watchlists regularly to see how they match up with your investment approach and check for any stocks that might look promising when you are ready to deploy any excess cash you have.
Recently, we made enhancements to the My Screens area of A+ Investor that allow you to see which stocks you track in My Portfolio pass any of AAII stock screens as well as track those stocks in the overall universe that pass more than one of AAII’s stock screens.
The My Screens area of AAII.com is where you have always been able to see the latest passing company results for the AAII stock screens that you have favorited, view A+ Stock Grades for the screening strategies you track and the individual companies currently passing these screens, and check the performance of favorite screens over varying periods.
The table at the My Screens area now has two additional tabs: My Stocks Passing Any Screens and Stocks Passing Multiple Screens. If you have set up any portfolios using My Portfolio that contain stocks, the My Stocks Passing Any Screens tab will list those stocks in your portfolios that pass any AAII stock screen as of the previous trading day:
In the example above, we see that First American Financial Corp. (FAF) passed four AAII stock screens as of April 2, 2020: Dividend (High Relative Yield), Dreman With Estimate Revisions, Estimate Revisions Top 30 Up and P/E Relative. If the star to the left of a screen name in the Screens Passed column is yellow, that means it is a screen that you have favorited. You can also click a star that is not filled in yellow to start following that screen (the star will turn yellow).
The My Stocks Passing Any Screens tab also indicates on the far right how many of your portfolios a given stock is in along with the portfolio names.
The Stocks Passing Multiple Screens tab is not particular to stocks you are following or your favorited screens: It lists all the stocks in the AAII database that pass at least one of the screens tracked by AAII on the Stocks section of AAII.com:
As of April 2, 2020, 1,194 stocks passed at least one of the screens AAII tracks (image above), but only 24 stocks passed four or more screens. To narrow down the list, you can change the minimum number of screens using the dropdown box at the top left on the tab. Note that some screens such as the small-cap-focused Foolish Small Cap 8 screen and the price-momentum-driven O’Neil CAN SLIM screen did not have any companies that passed at the time of the analysis.
By default, the listing of the Stocks Passing Multiple Screens tab is ranked from those stocks that pass the most screens to those that pass the fewest. The tab also lists all the screens that a given stock passes. For example, as of April 2, Evercore Inc. (EVR) met the criteria of six of AAII stock screens: Buffettology EPS Growth, Buffettology Sustainable Growth, Dividend (High Relative Yield), Estimate Revisions Down 5%, Graham Defensive Investor (Non-Utility) and Weiss Blue Chip Dividend Yield. Further information on each of the screening strategies can be found by clicking on the screen name in the tab or going to the guru and factor screen lists at the Stocks area of AAII.com.
You can see if a stock on the list is held in any portfolios you created using My Portfolio. If you wish to add a stock on the list to an existing portfolio or a new portfolio, click on the yellow “+” to the left of the company name. The popup box will show if you already added the stock to one of your portfolios.
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