Stock screeners can be valuable tools for investors because they help filter through thousands of stocks based on specific criteria. This saves investors time by quickly finding the best stocks that fit their investing strategy.
Two popular options for stock screeners are TIKR and Finviz. In this article, we’ll compare these two screeners so you can decide for yourself which tool will work better for you.
TL;DR Takeaways
In a hurry? Here are the key takeaways:
- TIKR’s stock screener is best for fundamental investors seeking global investment coverage and advanced screener filtering.
- Finviz’s stock screener is best for short-term traders seeking technical analysis and beginner investors looking for a quick, basic screening tool.
- Overall Recommendation: Fundamental investors will prefer TIKR’s stock screener for its global coverage and advanced screening capabilities, while Finviz has a better offering for short-term investors, traders, and beginner investors looking for a simple stock screener.
Side-by-Side Feature Comparison
TIKR has the better screener for fundamental, long-term oriented investors, while Finviz is better suited for traders or beginner investors.
TIKR’s Stock Screener Features
Advanced Filters
TIKR enables users to apply detailed filters to their stock search based on advanced metrics like:
- Ratios: 60+ ratios including Return on Invested Capital (ROIC), Current Ratio, Gross Margins, and more
- Valuation: 15+ valuation multiples including EV/Revenue, EV/EBITDA, Price/Earnings (P/E), P/AFFO
- Financial Statement Line Items: nearly 200 financial metrics including Revenue, Gross Margins, Operating Margins, etc.
- Analyst Estimates: Wall Street’s forecasts for 50+ line items, such as Revenue, EBITDA, Normalized EPS, Free Cash Flow, and more
This level of detail allows for highly customized screens that help to find stocks that fit all types of investment strategies.
Global Coverage
TIKR is the clear leader in offering global coverage for investors, with over 56,000 global stocks:
However, it’s important to note that TIKR’s global stock screening is only available on a TIKR Plus or Pro plan.
Finviz only offers coverage on a narrow assortment of 1257 global stocks, even on the highest-tiered paid plan:
Finviz falls short in helping investors discover global stocks, while TIKR is the clear leader in empowering fundamental investors to leave no rock unturned and find the best stocks.
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Data Depth
TIKR provides access to full financial statements, segment-level data, peer comparisons, and multi-year historical trends. This comprehensive dataset is particularly useful for fundamental analysis.
As an example, you could screen for companies that have seen return on invested capital improve at a 5% compound annual growth rate (CAGR) or higher over the past 5 years:
As another example, if you’re looking for recession-resistant businesses within typically cyclical industries, you could screen for companies that saw sales and operating margins dip less than 10% in 2020 and filter by industries that were hit hard in 2020:
TIKR offers better insights into looking at a stock’s data. In contrast, Finviz is sorely limited in the data filters it offers users, and users can only filter by last year’s data, with a few exceptions.
With TIKR, you can filter for any financial line item, year, or range of years. This is immensely helpful for advanced fundamental investors looking to find interesting companies for further research. Most stock screener tools on the market (including Finviz) lack the data depth to allow users to screen by anything more than the past fiscal year, which can be pretty constraining.
Explore over 100,000 stocks with TIKR >>>
Limitations
TIKR’s stock screener is an incredibly powerful tool designed for long-term investors, but it comes with a bit of a learning curve. Users need a foundational understanding of financial concepts, such as valuation metrics, financial ratios, and industry trends.
This makes TIKR a bit less accessible to beginners or casual investors who might feel overwhelmed by the depth of information available.
Additionally, TIKR users can only screen for global companies when they upgrade to a TIKR paid plan.
TIKR users can only screen for US companies on TIKR’s free plan, but that might be enough for some investors.
TIKR’s stock screener is an excellent tool for long-term investors and is a better option than Finviz for fundamental investors.
Finviz’s Stock Screener Features
Trader Filter Criteria
Finviz offers a range of filters for descriptive, fundamental, and technical analysis. You can quickly sort stocks by metrics such as:
- Relative Strength Index (RSI)
- Average Volume
- Simple Moving Average
These filters make Finviz great for traders or short-term investors looking for stocks that fit specific trading strategies. However, Finviz’s screener is severely limited in the support it offers for fundamental investors, offering just a handful of fundamental filters:
Ease of Use
Finviz’s interface is simple and easy to use, making it great for beginners. The free version has plenty of tools for casual investors and short-term traders.
Limitations
Finviz is primarily U.S.-focused and lacks the depth required for in-depth fundamental analysis.
Finviz covers 1,256 global stocks, while TIKR covers over 56,000 foreign stocks for paid users.
Finviz’s product is better suited than TIKR for short-term investors or traders but falls short for investors looking to dive deep into fundamental analysis or global markets.
TIKR’s Screener
Pros:
- Robust customization and detailed financial data.
- Access to global markets.
- Perfect for long-term and fundamental analysis.
- Screen U.S. markets for free.
Cons:
- Steeper learning curve.
- Requires a subscription to access global stocks.
- No technical analysis.
Finviz’s Screener
Pros:
- Easy to use for quick screening.
- Filters for traders and basic investors.
- Effective visualization tools like heat maps.
- Free version available.
Cons:
- Limited depth of financial data.
- U.S.-centric with limited global stock coverage.
Pricing and Access
TIKR
On TIKR’s Pro plan, users unlock screener upgrades, including:
- Global stock screening
- Unlimited saved screens
- Premium valuation metrics
- And more
In addition to the benefits users get with the stock screener, users also unlock other features that will aid their fundamental analysis:
- 20 years of financial history
- 5 years of detailed analyst estimates
- Management guidance
- Full history of earnings transcripts
TIKR Pro is just $29.95/mo on an annual plan, which is about the same price as Finviz Elite, but TIKR Pro comes with considerably more capabilities.
TIKR has a much better offering for fundamental investors, although technical investors & traders might be better served with Finviz.
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Finviz
On Finviz’s Elite plan, users unlock access to:
- Real-time and extended hours
- Advanced charts for technical studies
- Backtests to research technical indicators
- Correlations
- Advanced screener with data export
- Alerts & Notifications
Finviz offers a better product for technical investors and traders, and Finviz’s Elite plan unlocks further features to serve these investors.
Finviz’s Elite plan is $24.96/mo on an annual plan and could be a good purchase for technical investors & traders who want to get more out of the platform. Finviz has better features for technical investors than TIKR because TIKR primarily serves fundamental investors.
TIKR’s Pro plan offers 20 years of financial statements and charting on every line item, while Finviz Elite offers 8 years of financial statements and charting on EPS, Sales and Shares Outstanding.
Final Verdict: Which Screener Should You Use?
The choice between Finviz and TIKR boils down to your investment style:
- Finviz is best for traders and beginner investors who need a quick and straightforward way to screen stocks. Its focus on technical indicators and visual tools makes it ideal for short-term investing strategies.
- TIKR is the clear winner for fundamental investors. Its advanced filters, global coverage, and institutional-grade data make it a better choice for long-term investors.
The TIKR Terminal offers industry-leading financial data on over 100,000 stocks, so if you’re looking to find the best stocks to buy for your portfolio, you’ll want to use TIKR!
TIKR offers institutional-quality research for investors who think of buying stocks as buying a piece of a business.
Frequently Asked Questions (FAQs)
1. What is Finviz’s stock screener, and how does it work?
Finviz’s stock screener is a popular tool for filtering and analyzing stocks based on various criteria like technical indicators and other performance metrics. It provides a user-friendly interface with customizable filters, charts, and data visualizations.
2. What makes TIKR’s stock screener different from Finviz?
TIKR’s stock screener is tailored for fundamental investors, offering in-depth financial data, global market coverage, and advanced filters for detailed company analysis. Finviz is less detailed and focuses more on technical analysis.
3. Which screener is better for beginners, Finviz or TIKR?
Beginners might favor Finviz due to its simplicity and quick setup. TIKR, however, offers a more comprehensive experience for those willing to dive deeper into financial analysis and long-term investing.
4. Does TIKR’s screener provide better data for international stocks than Finviz?
Yes, TIKR’s screener provides extensive coverage for global companies if users upgrade to a paid plan. TIKR covers over 56,000 global stocks, while Finviz covers just over 1,200 global stocks.
5. Is TIKR’s stock screener worth paying for over Finviz’s free version?
TIKR’s screener offers advanced features, premium data, and global stock coverage, which justify the cost of the paid plan for serious fundamental investors. Finviz’s free screener lacks the capabilities that many serious fundamental investors would require and is better suited for technical investors.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. We aim to provide informative and engaging analysis to help empower individuals to make their own investment decisions. Neither TIKR nor our authors hold any positions in the stocks mentioned in this article. Thank you for reading, and happy investing!
