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My Favorite Stock Screener

By David Edwards

 About this article:
 With a universe of more than 13,000 stocks, it's impossible to be knowledgeable about all of them. Many readers have asked what screening tool I use to whittle the total down to a manageable number. There are many good free packages out there (see Jamie Heller's review of some of them), but I prefer a subscription service called ProSearch, which costs $49.95 a month after a 30-day free trial. Among this package's advantages over some of its free competitors: Prices and technical charting parameters are updated continuously, with no more than a 20-minute lag. Fundamental data (earnings report information) are rarely more than a month old. It offers many pretested searches that can be further modified accordingly to your own criteria. Back testing is automatic. The last item sets ProSearch apart from the pack. Depending on the stock market...

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