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.

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8 comments:

Jack said...: Nice, thxs for the parameters.

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

jack; Dec 12, 2007, 9:43:00 PM
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.; Dec 12, 2007, 11:17:00 PM
Joel Kaiser said...: Aside from the proprietary ratings IBD offers, how does this wizard differ from TeleChart? Which do you prefer?; Dec 13, 2007, 6:43:00 AM
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.; Dec 13, 2007, 8:03:00 AM
Tim said...: Wish there was another screener that allows to screen for accelerating quarterly earnings growth (and sales).; Dec 13, 2007, 6:08:00 PM
Pradeep Bonde said...: Try Moneycentral scanner.; Dec 13, 2007, 6:14:00 PM
Tim said...: I use moneycentral screener (and smartmoney one too) but neither offer quarter to quarter acceleration criteria (only quarter > yearly or > 5yr); Dec 14, 2007, 10:39:00 AM
Pradeep Bonde said...: Zacks might have it.
On Moneycentral on individual stocks you can find it.; Dec 14, 2007, 10:41:00 AM

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