How to Find Tech Stocks Using A Stock Screener?

5 minutes read

Using a stock screener to find tech stocks involves inputting specific criteria related to the technology sector into the tool. This can include filters such as market capitalization, revenue growth, earnings per share, and price-to-earnings ratio. By applying these filters, you can narrow down the list of companies to those that meet your specific requirements. Additionally, you can also use additional filters such as dividend yield, debt-to-equity ratio, and institutional ownership to further refine your search. Once you have identified a list of potential tech stocks, you can then conduct further research on each company to make an informed investment decision.


How to use a stock screener to find undervalued tech stocks?

  1. Start by selecting a stock screener that allows you to search for tech stocks specifically. You can use free online stock screeners like Yahoo Finance, Finquota, Finviz, or TradingView.
  2. Use the filters on the stock screener to narrow down your search to tech stocks that are considered undervalued. Look for valuation metrics such as price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, price-to-book (P/B) ratio, and dividend yield.
  3. Look for tech stocks with low P/E, P/S, and P/B ratios compared to their industry peers. A lower ratio indicates that the stock may be undervalued compared to its earnings, sales, or assets.
  4. Consider other fundamental factors such as the company's revenue growth, profit margins, and earnings growth rate. Look for tech stocks that have strong fundamentals but may be trading at a discount to their intrinsic value.
  5. Pay attention to market trends, news, and upcoming events that may impact the stock price of tech companies. Conduct thorough research on the companies you are interested in to understand their business model, competitive landscape, and growth prospects.
  6. Once you have identified potential undervalued tech stocks using the stock screener, conduct further analysis to determine if they are suitable for investment based on your risk tolerance and investment goals. Consult with a financial advisor if needed before making any investment decisions.


How to find positive news catalysts for tech stocks using a stock screener?

  1. Start by using a stock screener that allows you to filter for news catalysts, such as positive earnings reports, product launches, new partnerships, or regulatory approvals. Some popular stock screeners include Finviz, StockFetcher, and Yahoo Finance.
  2. Set up filters to search for relevant news catalysts in the tech sector. For example, you can filter for recent earnings beats, new product announcements, or positive analyst upgrades.
  3. Narrow down your search by specifying the market cap, sector, and other criteria that are important to you. This will help you focus on tech stocks that meet your specific criteria and have the potential for positive news catalysts.
  4. Monitor the news feed or alerts from the stock screener to stay updated on the latest developments for the tech stocks in your list. Look out for any positive news that could potentially impact the stock price positively.
  5. Analyze the potential impact of the news catalyst on the stock price and make informed trading decisions based on your research and analysis.


Remember, it's essential to conduct thorough research and due diligence before making any investment decisions based on news catalysts. News events can sometimes be unpredictable, so it's important to consider all factors and not rely solely on positive news as a trading strategy.


How to identify potential acquisition targets in the tech sector using a stock screener?

  1. Start by setting up a stock screener with filters specific to the tech sector. Identify key criteria such as market capitalization, industry sector, revenue growth, and profitability.
  2. Look for companies with a strong track record of revenue growth and profitability within the tech sector. These metrics can be found in the income statement and balance sheet sections of the stock screener.
  3. Consider companies that have a strong presence in emerging technologies or industries such as artificial intelligence, cloud computing, cybersecurity, and e-commerce. These companies may have a competitive advantage in the market and be potential acquisition targets for larger tech companies looking to expand their offerings.
  4. Look at the valuation metrics of potential acquisition targets, such as price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio. Compare these metrics to industry averages to identify companies that may be undervalued and attractive acquisition targets.
  5. Pay attention to any recent news or acquisitions in the tech sector that may indicate potential targets. Companies that have recently received funding, entered into strategic partnerships, or announced new products or services may be attractive to larger tech companies looking to acquire innovative technologies.
  6. Consider using a stock screener that offers advanced screening options such as M&A activity, news sentiment analysis, and technical indicators to further narrow down potential acquisition targets in the tech sector.
  7. Finally, conduct thorough research and due diligence on potential acquisition targets to assess their long-term growth prospects, competitive positioning, and fit with your company's strategic goals before pursuing any acquisition opportunities.


How to use a stock screener to find tech stocks?

  1. Choose a stock screener that allows you to filter companies based on industry or sector. Many online stock screeners offer this feature.
  2. Select the technology sector or industry as your filtering criteria. This will narrow down the list of companies to those within the tech industry.
  3. You can further filter the results by specific subcategories within the technology sector, such as software, hardware, semiconductors, or telecommunications.
  4. You can also add additional criteria such as market capitalization, revenue growth, earnings per share, and other financial metrics to help narrow down your search further.
  5. Once you have entered all your filtering criteria, run the stock screener to generate a list of tech stocks that meet your specified criteria.
  6. Review the list of tech stocks that meet your criteria and conduct further research on individual companies to determine which ones you are interested in investing in.
  7. It is important to also consider other factors such as the company's management team, competitive positioning, and overall market trends before making any investment decisions.


What is the best time of day to search for tech stocks on a stock screener?

The best time of day to search for tech stocks on a stock screener is typically in the mornings before the market opens or during the first few hours of trading. This is when trading volume and price movements tend to be the most active, providing more opportunities to identify potential stocks of interest. Additionally, checking for news or market developments that may impact tech stocks during these times can help inform your search and decision-making process.

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