Best Stock Screener For Value Investing

Updated July 6, 2024

When it comes to value investing, finding the right stocks can be a daunting task. This is where stock screeners come in handy. A stock screener is a powerful tool that allows investors to filter through thousands of stocks to identify ones that meet specific criteria, such as low price-to-earnings ratios, high dividend yields, or strong financial health.

In this article, we will explore the best stock screeners available for value investors. Whether you’re a seasoned investor or just starting out, these tools can help you uncover hidden gems in the market, enabling you to make informed investment decisions with confidence.

#1

Trade Ideas

Trade Ideas is a stock screener platform that leverages artificial intelligence and real-time data analytics to help traders identify promising investment opportunities and make informed trading decisions.

4.5 of 5 stars

#2

Seeking Alpha

Seeking Alpha is a platform offering stock market insights, news, and investment analysis from a diverse community of investors and industry experts, aimed at helping individuals make informed financial decisions.

4.5 of 5 stars

#3

Benzinga Pro

Benzinga Pro is a premium financial news and research platform that provides real-time market data, news, analysis, and trading tools designed to help investors and traders make informed decisions.

4 of 5 stars

#4

VectorVest

VectorVest is an investment research and portfolio management system that provides tools for analyzing and ranking stocks, offering guidance on market timing, and delivering buy, hold, and sell recommendations.

4 of 5 stars

#5

FinViz

Finviz is a powerful financial visualization platform that provides advanced stock screening, market analysis, and real-time data to help traders and investors make informed decisions.

4 of 5 stars

Top 5 Screeners For Value Investing in 2024

Let’s cut straight to the chase. Here are the five leading stock screeners for value investing based on our latest research.

1. Trade Ideas


Trade Ideas is an advanced stock screening software that stands out for its powerful artificial intelligence engine, Holly. This tool is designed to help value investors identify and evaluate undervalued stocks by leveraging real-time data and various analytical metrics.

With highly customizable filters, Trade Ideas allows users to create specific screening criteria tailored to their investment strategies, from fundamental to technical analysis. Its user-friendly interface and robust backtesting capabilities make it suitable for both novice and experienced investors.

Additionally, Trade Ideas provides actionable insights through automated trading alerts, ensuring users can act swiftly on potential opportunities. While its advanced features come at a premium price, the platform's comprehensive offerings make it a valuable resource for serious value investors.

Pros

  • Timely trading insights using AI
  • Personalized notifications for various criteria
  • Advanced stock scanning tools
  • Test strategies with historical data
  • Webinars, tutorials, and resources

Cons

  • Expensive subscription fees
  • Challenging for beginners
  • Overwhelming for some users

2. Seeking Alpha


Seeking Alpha is a comprehensive investment research platform that serves as a valuable tool for value investors. It offers a broad range of resources including in-depth articles, stock analysis, earnings reports, and market news. Contributors to the platform include independent analysts and professional experts, providing diverse viewpoints and strategies for identifying undervalued stocks.

The site features a powerful stock screener that allows users to filter equities based on various fundamental criteria such as P/E ratios, dividends, and revenue growth, making it easier to locate potential value investments.

Additionally, Seeking Alpha provides crowd-sourced research and sentiment analysis, giving investors insight into how other market participants view specific stocks. While a significant amount of its content is available for free, premium access unlocks more sophisticated tools and exclusive research. This makes Seeking Alpha a well-rounded resource for individuals dedicated to value investing.

Pros

  • Wide range of articles and analyses
  • Active discussions and idea-sharing
  • Customizable notifications for stocks and sectors
  • Data-driven stock analysis
  • In-depth research and exclusive content

Cons

  • Mixed article credibility
  • Expensive premium features
  • Author biases can affect content

3. Benzinga Pro


Benzinga Pro is a dynamic investment platform designed to equip value investors with real-time market data and actionable insights. Central to its offerings is a robust stock screener that filters equities based on a range of fundamental and technical criteria, aiding investors in pinpointing undervalued stocks.

The platform's user-friendly interface makes it accessible for both novice and experienced investors, while its newsfeed delivers rapid updates and in-depth analysis, ensuring users stay informed of market-moving events. 

Features such as customizable alerts, audio squawk, and an extensive charting toolkit enhance the user experience, enabling efficient monitoring and evaluation of stock performance.

Though Benzinga Pro operates on a subscription model, the breadth of its tools and information-rich environment justifies the cost, making it a standout choice for value investors seeking comprehensive research and timely data.

Pros

  • Instant updates on market-moving news
  • Voice notifications for important events
  • Tailor your news feed and alerts to specific interests
  • Access to advanced charting tools and analytics
  • Live audio feed of breaking news and market updates

Cons

  • Can be overwhelming for beginners
  • Requires time to fully utilize all features
  • Most valuable tools are behind a paywall

4. VectorVest


VectorVest is a sophisticated investment platform specially designed to aid value investors in making well-informed stock choices. Renowned for its unique combination of fundamental and technical analysis, VectorVest provides precise recommendations based on three key indicators: Relative Value (RV), Relative Safety (RS), and Relative Timing (RT). This comprehensive approach enables users to assess a stock's true value, financial stability, and market momentum.

VectorVest’s powerful stock screener allows users to filter stocks through numerous criteria, such as earnings growth, P/E ratios, and dividend yields, helping to identify undervalued investment opportunities. Additionally, it offers a user-friendly interface and educational resources, which makes it suitable for both beginners and experienced investors.

Despite its subscription fee, the platform's accurate analytics, daily market updates, and robust portfolio management tools make it a valuable asset for those committed to value investing.

Pros

  • Offers in-depth stock ratings on value, safety, and timing
  • Easy-to-navigate interface suitable for investors at all levels
  • Allows users to test trading strategies based on historical data
  • Advanced search filters for finding specific stock criteria
  • Provides tutorials, webinars, and market updates

Cons

  • Can be overwhelming with the sheer amount of data and metrics
  • Primarily focused on U.S. markets, limiting international options

5. FinViz


FinViz (Financial Visualizations) stands out as an exceptional stock screener for value investing, providing a comprehensive suite of tools designed to help investors identify undervalued stocks.

Renowned for its intuitive interface, FinViz offers robust screening capabilities based on a plethora of fundamental and technical criteria, including P/E ratios, dividend yields, earnings growth, and more. Its advanced visualizations, such as heat maps and interactive charts, enable investors to quickly grasp market trends and performance metrics.

Additionally, FinViz offers real-time data, customizable filters, and detailed financial analysis, making it easier for value investors to find potential investment opportunities. The platform also includes a news feed and insider trading information, giving users a holistic view of market sentiment.

Whether you're a seasoned investor or a beginner, FinViz caters to all levels of expertise, providing an invaluable resource for making informed investment decisions.

Pros

  • Clean, intuitive interface
  • Robust stock screeners
  • Heat maps, charts, and visual tools
  • News, insider trading, financials
  • Real-time updates in Elite version

Cons

  • Limited customization options compared to some other platforms
  • Customer support responses can be slow, especially for free users

Conclusion

In conclusion, the right stock screener can be an invaluable asset for value investors, simplifying the process of identifying undervalued stocks with strong potential for growth. By utilizing advanced filters and analytics, these tools help you narrow down your options and focus on the best investment opportunities that align with your criteria.

Whether you’re using free platforms or premium services, the key lies in selecting a screener that offers comprehensive data, user-friendly interfaces, and customizable features. Armed with the right tool, you can make more informed investment decisions, optimize your portfolio, and ultimately, achieve your financial goals.

Jerry Garnes

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About the Author

Jerry Garnes is a seasoned writer in personal finance. His informative and insightful pieces have been featured by esteemed platforms like Bankrate, The Street, and Business Insider. In addition to his financial expertise, Jerry is a passionate poet and musician with a deep love for nature.

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