Does Zacks Trade offer a stock screener as of December 2024?
When selecting stocks for your portfolio, a stock screener can be a great help in narrowing down your research. Having this feature directly at your preferred broker can make your life much easier.
Great news! Zacks Trade offers a stock screener on its trading platform. As Zacks Trade is a great platform overall to trade stocks, it could be a great option for you.
I am an active trader who invests in stocks on a daily basis, and I usually start my research with a stock screener to find ideal investment targets. I checked out Zacks Trade's trading platform to see what it offers in terms of stock screeners and this is what I found:
- Zacks Trade offers a stock screening tool, which is great.
- Stock screeners can cut down your research time when looking for stocks to invest in.
- You can filter stocks based on various criteria to narrow down your search.
- Zacks Trade is also a great platform in general to trade stocks: read our review.
What is a stock screening tool?
A stock screening tool helps investors search for the best investment opportunities in the vast world of stocks. It lets you filter and sort through thousands of publicly traded companies to find the ones that match your specific criteria and goals.
Imagine you have a list of all the companies in the stock market, and you want to find the ones that fit your investment strategy. With a stock screening tool, you can set filters based on various factors like company size, industry, financial health and growth prospects. For example, you could look for medium-sized technology companies with strong revenue growth and low debt.
The screening tool then sifts through the list and presents you with a much smaller, more manageable list of companies that meet your criteria. This makes it much easier for you to research and consider these companies for your investment portfolio.
In simple terms, a stock screening tool is like a search engine for stocks, helping you find the ones that best match your investment preferences and objectives, saving you time and effort in the process. It's a valuable tool for investors to identify potential investments and start building a diversified portfolio.
Below is what (if anything) our Zacks Trade review has to say overall about other research tools at Zacks Trade:
Upon entering the platform, you can read daily market summaries via 'Daily Lineup'. This feature helps you stay on top of the latest news and analyst recommendations.
Earnings and economic calendars are also helpful shortcuts to start off your day. The Economic Calendar lists upcoming events that may have a market impact. The feature can be accessed separately at any time from the menu, though the design could be better.
How to access a stock screener
As noted above, Zacks Trade offers a stock screening tool that you can access free of charge as a part of its services if you open an account at the broker. Below, you can also check the offering of other stockbrokers at BrokerChooser to find which ones offer stock screeners:
In addition to brokerages' own trading platforms, there are also third-party providers that offer stock screening tools. Some of them are free, while others charge one-off fees or subscriptions. A popular option is the charting tool TradingView, which has screeners for several asset types, including stocks. You can read more about its services in our dedicated TradingView page.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Investment research tools
- TradingView - an online platform for traders of all levels
- Zacks Trade educational materials
- Zacks Trade charting quality
- Zacks Trade fundamental data
- Zacks Trade connection to TradingView - See how to do it
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