A 'Stock Screener', as defined on Investopedia, is a tool that investors and traders can use to filter stocks based on user-defined metrics. When it comes to discovering new MicroCap stocks, one suggestion is to use a stock screener to narrow down your search. In this episode of the Planet MicroCap Podcast, our host, Robert Kraft @BobbyKKraft spoke with Tom Shaughnessy, Founder of SecretCaps.com (www.SecretCaps.com).
Knowing how to use a stock screener is a valuable tool when conducting your quantitative due diligence and this episode is all about defining what it is, how to use it, and how they can help turn us on to new investing ideas. Tom recently published an educational video on stock screeners as well, which you can watch here: SecretCaps' MicroCap Screening Video Lesson
The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review magazine, the leading magazine in the MicroCap market.
In this episode, our host, Robert Kraft, and guest, Tom Shaughnessy, cover the following topics:
What is a 'Stock Screener'?
Why are Stock Screeners important?
How and why Tom uses Stock Screeners
Why Stock Screeners are important when researching MicroCap stocks
What kind of data you can screen for when using a Stock Screener
The differences between Stock Screeners: Paid for- vs. Free
Conflicts of information between Stock Screeners
How someone who has been investing for 30 years or just getting started can take advantage of the availability and using Stock Screeners