There are a lot of investors out there that go it alone. They do their own research and make their trades through a low-cost broker. These investors are to be congratulated for their entrepreneurial spirit, but the problem is that sometimes these brave folks don't know where to begin or, more specifically, how to screen for stocks.
Tutorial: Top Stock-Picking Strategies
In order to select an individual stock as an investment, investors first need a good source of prospective investments. This is where up-to-date stock screeners and market data can prove quite useful to the individual investor. In this article, we'll show you how they can be used. (To find out more about screening stocks, see Getting To Know Stock Screeners.)
Don't Underestimate the Value of Timely Market DataInvestors need as much information as possible about what's going on in the market. This means tapping into a variety of sources for economic, industry and company-specific information. To be clear, investors don't need to delve into statistics and the intricacies of every industry the same way Wall Street economists do, but they do need to have a good grasp of what is driving the market.
Read more: How Investors Can Screen For Stock Ideas | Investopedia http://www.investopedia.com/articles/stocks/07/stock_screener.asp#ixzz46qVGL6Iw
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