Google recently released Stock screener on its finance site. I've decided to test it and provide you my impression. Basically it's a scan for fundamental analysis. Comparing to the similar tool provided by Yahoo (basic screener) I have to say Google is slightly better.Google's additional functionality which you can't find on Yahoo:
+ setting values instead of Yahoo's predefined number ranges
+ more growth indicators (net income, revenue)
+ margin indicators (EBITDA, gross, operating)
+ institutional holders
+ advanced dividend tracking
+ volume vs. average volume
+ 52 weeks low high change
Except those you can see so called "Company distribution" range. This gives you idea where your value is compared to rest of the market. I haven't found that as very helpful.
This was my brief evaluation of similar tools. But Yahoo on top of that provides Advanced stock screener. This Java based screener nullifies all insufficiency. And in my view it is much better. Especially I like predefined screener where you can choose for growth, value or dividend scan and further adjust according to your preferences.
* Links for screeners you can find on the left sidebar
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IMHO the best free stockscreener available is still MSN (deluxe version). Both Google and Yahoo work fine, but I think Yahoo's has much more variables and options, while Google's is more "visual" and user friendly...
The combined use of both would probably the best choice... if I couldn't access MSN's, of course, LOL! ;-)
Thanks for this post,
Panamon Rn+
Thank you Panamon for sharing your opinion.