IBD Custom Screen Wizard

December 12, 2007

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 :

  1. JackDec 12, 2007, 9:43:00 PM

    Nice, thxs for the parameters.

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

    jack

    ReplyDelete
  2. intelqubedDec 12, 2007, 11:17:00 PM

    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.

    ReplyDelete
  3. Joel KaiserDec 13, 2007, 6:43:00 AM

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

    ReplyDelete
  4. Pradeep BondeDec 13, 2007, 8:03:00 AM

    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.

    ReplyDelete
  5. TimDec 13, 2007, 6:08:00 PM

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

    ReplyDelete
  6. Pradeep BondeDec 13, 2007, 6:14:00 PM

    Try Moneycentral scanner.

    ReplyDelete
  7. TimDec 14, 2007, 10:39:00 AM

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

    ReplyDelete
  8. Pradeep BondeDec 14, 2007, 10:41:00 AM

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

    ReplyDelete

Subscribe to: Post Comments ( Atom )
Copyright © Stockbee