A
"free screener" refers to an assessment or tool that is provided for no cost. It allows you to evaluate or examine something without needing to pay or commit to it initially.
Full definition
This is the main reason I have never joined the BFCA (despite the alluring notion
of free screeners).
The information is easily accessible, trading with a brokerage account has never been more simple and finding stocks
with free screeners can be done by a 5th grader.
Yahoo! Finance is
another free screener from a major company that gives you a wealth of technical and fundamental factors you can use to select stocks.
If you're just starting out,
the free screeners will do the trick.
While it offers
a free screener covered below, the premium membership is full of tools and great information you won't get anywhere else.
The free screener is a simplified version of its premium screener.
If you just plan to focus on simple stock screens,
a free screener is all you need.
If you're new to stock screening, using
a free screener might not be the best place to start.