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Stock Screeners

A good way to find stocks that are flying under the radar is to use one of the many free stock screening tools on the internet. However, keep in mind that even stocks with seemingly good numbers can be bad stocks. So, remember to carefully evaluate each one from a qualitative perspective as well.

I find that building a case for why I shouldn’t buy a stock is a good way to determine whether it could be a good buy. If I can’t come up with a compelling argument not to buy it, it may make the “short list” of stocks to consider actually buying. Here’s a list of some screening tools you may find helpful:

  1. Yahoo Finance Stock Screening Tool
  2. Reuters Screening Center
  3. MSN Stock Screens
  4. Morningstar Stock Screener
  5. Nasdaq.com Stock Screener