Interesting. I use screens a lot but not in the way you are describing people use it. I have a simple set up to identify certain valuation metrics. The actual investment decisions is made after extensive reading of financial reports though. Screens are used to see what is moving and why.
While screeners might not uncover hidden gems, the financial data they provide can be used as a tool to confirm the valuation of a stock once a potential investment has been identified through deeper analysis
Really good post! To be honest, using screeners I’ve never found opportunities that I had not heard about before from publications, podcasts, etc.
Thanks Alberto!
Interesting. I use screens a lot but not in the way you are describing people use it. I have a simple set up to identify certain valuation metrics. The actual investment decisions is made after extensive reading of financial reports though. Screens are used to see what is moving and why.
While screeners might not uncover hidden gems, the financial data they provide can be used as a tool to confirm the valuation of a stock once a potential investment has been identified through deeper analysis