With thousands of stocks listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), how do you pick the right stock to invest in? Seasoned investors themselves find it challenging at times; and for beginners, the task may seem downright daunting. Here's where an expert stock screener can help.
An expert stock screener is a unique tool that helps you pick stocks that are well suited for your investment objectives, risk profile and investment horizon. The tool uses the knowledge of stock market experts to suggest stocks based on certain set variables like revenue, net profit, Benjamin Graham Value and High Piotroski Score, among others.
An expert stock screener is a tool that filters stocks based on certain predetermined criteria, drawn from the knowledge, experience and analysis of stock market experts. Research 360 by Motilal Oswal currently offers eight multi-query expert stock screeners that help you find stocks matching the criteria you choose.
When you select an expert stock screener, a list of stocks that match your chosen criteria is displayed in descending order by default. You can further filter the stocks based on the sector or index to narrow down the results.
Each expert stock screener in Research 360 displays stocks matching certain criteria. Knowing what these stock screeners are and how to read them is essential to make well-informed investment decisions.
Benjamin Graham Value This expert stock screener displays stocks that have a market capitalisation of more than Rs. 500 crores while possessing a Graham Ratio of more than 1, which is considered a healthy ratio.
High Piotroski Score This screener displays stocks that have high Piotroski scores ranging from 5 to 9. The stocks are organised in the descending order of their scores. The higher the Piotroski score, the more fundamentally strong the stock is.
High ROCE, Low PE This expert stock screener displays stocks that have a high Return on Capital Employed (ROCE) while still having reasonably lower valuations.
Increasing Revenue Every Quarter for the Past 8 Quarters This screener displays stocks whose revenue has been growing consistently quarter-over-quarter (QoQ) for the past 8 quarters.
Increasing Revenue Every Quarter for the Past 4 Quarters This expert stock screener displays stocks whose revenue has been growing consistently quarter-over-quarter (QoQ) for the past 4 quarters.
Increasing Revenue Every Quarter for the Past 3 Quarters This screener displays stocks whose revenue has been growing consistently quarter-over-quarter (QoQ) for the past 3 quarters.
Increasing Revenue Every Quarter for the Past 2 Quarters This stock screener displays stocks whose revenue has been growing consistently quarter-over-quarter (QoQ) for the past 2 quarters.
Net Profit Increasing 500% This expert stock screener displays stocks whose net profit has grown by 500% or more year-over-year (YoY) and quarter-over-quarter (QoQ).