3 Stock Screeners to Refine Your Stock Search

There are over 750 stocks listed in Singapore and more than 3,000 in the United States. It is no surprise that looking for stocks to invest can sometimes feel like searching for a needle in a haystack.

Fortunately, the Internet has made screening for stocks a much easier process. There are numerous free websites that allow us to filter stocks based on selected criteria. You can search for stocks trading at low price-to-earnings ratios; low price-to-book ratios or even stocks trading at 52-week lows.

However, not all stock screeners are reliable or have the most up-to-date data. Investors looking to find stocks should be aware of the best stock screeners available to them.

Here is a list of three of the best websites we can use for free.

SGX Stock Facts

This website is extremely user-friendly and provides up-to-date information on the companies listed in Singapore. Users can filter firms based on valuations, financials, market data or industry.

There is even a criterion that lets you filter stocks based on consensus rating. By narrowing the screen for this criterion, you will be able to find stocks that have a “Buy” consensus rating.

However, one downside to this website is that users are limited to only five criteria per search. Another small complaint I have is that they do not have data such as earnings per share (EPS) growth or free cash flow growth, which are criteria I like to screen for in companies. The website is also, unfortunately, limited to Singapore stocks only.

Google Finance 

This is probably one of the best free stock screeners available on the Internet. There is a multitude of exchanges that you can select from, and the criteria parameters are also much wider than other stock screeners.

By logging into to your Gmail account, you can also save your lists and put stocks on your watch list. There is even a demo portfolio for you to add stocks to track.

Yahoo Finance

This one-time major search engine player may be losing ground in the Internet search space but is still pulling its weight when it comes to finance. The stock screener available on its finance website is very comprehensive and up-to-date.

Like the Google Finance stock screener, you can add stocks to your personal watch list and easily monitor their progress.

The Foolish bottom line

The Internet has made investing in stocks much easier. Not only are we able to use online brokerages to make transactions with a click of a button, stock screeners also enable us to filter stocks that fit our criteria. Hopefully, these three stock screeners can help all investors narrow their stock investment options.

Meanwhile, for more (free!) investing insights, sign up here for your FREE subscription to The Motley Fool's investing newsletter, Take Stock Singapore. It will teach you how you can grow your wealth in the years ahead.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice.