What Are Stock Screeners, and How Do They Work?

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It’s no secret that investors want to achieve stock market success when they start trading shares — but doing so largely comes down to figuring out the best stocks to invest in and when to buy them. There are literally thousands of stocks to choose from on the market, though, and it’s rarely a given that a particular company’s stock will perform well from the outset. So, aside from having a crystal ball, how are investors supposed to sort through them all — and make the right choices for their portfolios?

That's where stock screeners come in. Stock screeners offer an effective way to help you narrow down your choices by filtering a list of potential stocks down to only those that fit a specific list of criteria you’ve defined. They’re a helpful tool for beginning investors to be sure, but it’s essential to understand how to use them to your advantage. Take a look at this breakdown of what stock screeners are, how to use them and where to find them before you make your next investments in the market.