What is a Stock Screener?
A stock screener is a tool to shortlist few companies from a pool of all the listed companies on a stock exchange using filters on the basis of indicator result (RSI, GUPPY, SMA,).shows the result of buy and sell stocks, which one is a better option for buy or sell.
The investors specify the filters and the stock screener gives the results accordingly. Stock screeners are very useful as it can save you a lot of time.
You do not need to go through all the listed companies to shortlist a few good ones. You can just apply the basic filter to get the list of a few good ones that you want to investigate further. Overall, the stock screener will help you to find good performing stocks according to your specifications with a single click.