IBD Custom Screen Wizard | stockbee

12/12/2007

IBD Custom Screen Wizard

IBD Custom Screen Wizard is one of the scanning tools offered by IBD. It is a good tool to narrow down the universe of stocks to trade if you following IBD based strategies. You can also generate a IBD 200 kind of list daily using it. If you are subscriber to it, here are some scans you will find useful.

The best of the best

Sales + Profit Margins + ROE (SMR) Rating A
% Change in Latest Quarter's EPS vs. Same Quarter Prior Year Greater than or equal to: 50
Annual % EPS Growth Rate of Last 3 Years Greater than or equal to: 25
Average EPS % Change for the Last 2 Quarters Greater than or equal to: 50
Annual % Sales Growth Rate of Last 3 Years Greater than or equal to: 25
ROE (Latest Fiscal Year Reported) Greater than or equal to: 25



Long Term Fundamentals

Screen Criteria Parameters
Earnings Per Share (EPS) Rating Greater than or equal to: 70
Relative Price Strength (RS) Rating Greater than or equal to: 65
Annual % EPS Growth Rate of Last 3 Years Greater than or equal to: 25
Annual % Sales Growth Rate of Last 3 Years Greater than or equal to: 25
ROE (Latest Fiscal Year Reported) Greater than or equal to: 17


Leading stocks from leading sectors

Screen Criteria Parameters
Earnings Per Share (EPS) Rating Greater than or equal to: 70
Relative Price Strength (RS) Rating Greater than or equal to: 70
Sales + Profit Margins + ROE (SMR) Rating A, B
% Change in Latest Quarter's EPS vs. Same Quarter Prior Year Greater than or equal to: 50
Company's Industry Group Rank From 1 to 39


Double EPS Growth plus price momentum

Screen Criteria Parameters
Earnings Per Share (EPS) Rating Greater than or equal to: 70
Relative Price Strength (RS) Rating Greater than or equal to: 70
% Change in Latest Quarter's EPS vs. Same Quarter Prior Year Greater than or equal to: 100



IBD 200 like list

Earnings Per Share (EPS) Rating Greater than or equal to: 60
SmartSelect® Composite Rating Greater than or equal to: 96


The first screen is very focused and will find the best stocks. Stocks which can make 50% kind of moves in a quarter under right circumstances is what you will find in it. It gives less than 50 candidate most of the time.

8 comments:

Jack said...

Nice, thxs for the parameters.

I've used the screen wizard before. Powerful info.

jack

intelqubed said...

Thanks for the insight on this one! I am going to try and duplicate this scan with the Yahoo screener. I know I am going to have to sub some things be this should be replicable.

Providentia en Addendum said...

Aside from the proprietary ratings IBD offers, how does this wizard differ from TeleChart? Which do you prefer?

Pradeep Bonde said...

Telechart is for database and is primarily for non financial based scanning. It cannot do any of the above scan.
I like both. Because they do different things.

Tim said...

Wish there was another screener that allows to screen for accelerating quarterly earnings growth (and sales).

Pradeep Bonde said...

Try Moneycentral scanner.

Tim said...

I use moneycentral screener (and smartmoney one too) but neither offer quarter to quarter acceleration criteria (only quarter > yearly or > 5yr)

Pradeep Bonde said...

Zacks might have it.
On Moneycentral on individual stocks you can find it.