Find Your Next Best Investment Idea
In the dynamic world of the stock market, two key factors stand out as essential for success: patience and data-backed decision-making. Without these, surviving and thriving in the vast and ever-evolving investment landscape can be challenging. Moreover, building a portfolio that generates returns requires significant time, and if investment instruments are not selected correctly, you might end up losing your hard-earned savings. But fret not! Tickertape is here with various tools and insights that help you navigate effortlessly through the maze of investments. Let’s explore how Tickertape streamlines your path to finding your next best investment idea.
Table of Contents
- Screen stocks using 200+ filters
- Screening made easy with ready-made screens
- Explore bulk/block deals and insider trades
- Uncover the best Investments with Analyst Rating filters
- To wrap up
Screen stocks using 200+ filters
Imagine standing in a bustling marketplace with over 5000 stocks swirling around you like a whirlwind. The sheer magnitude of options is enough to make your head spin. How on earth do you choose the hidden gems from this vast sea of possibilities? Enter a trusted companion that will be your guiding light, Tickertape Stock Screener.
A stock screener is any investor/trader’s best friend, which allows them to filter and list their preferred stocks among thousands available in the market. With a stock screener at your fingertips, you can swiftly narrow down your options and focus on the stocks that align with your investment goals and trading strategies. So buckle up and say goodbye to endless hours of manual research and tedious tracking.
Why the Tickertape Stock Screener?
Stock filters are like a treasure map that helps you find the best stocks to invest in, saving you time and effort. With Tickertape’s Stock Screener, you can choose from over 200 filters or create your own custom filter to find the right stocks for you. Plus, you can even take the data offline and explore the stocks at your own pace.
Tickertape Stock Screener empowers you to focus on stocks that match your investment style, risk tolerance, and desired financial metrics. Now that you have understood the importance of having the stock screener by your side, let’s uncover how you can use it with the help of an example.
Filter fundamentally strong stocks in Just a Few Clicks!
Fundamentally strong stocks are like the backbone of any successful investment portfolio. These stocks are backed by solid financials, strong management teams, and a promising business model. These stocks have the potential to weather market fluctuations and deliver sustainable growth over time. So, if you’re looking for stability and consistent returns, keeping an eye on fundamentally strong stocks is a prudent strategy. Let’s understand how you can use Tickertape Stock Screener to find such stocks.
The best part here is that you don’t have to apply a plethora of filters to get the list. With Tickertape’s ‘Fundamental Score’ filter, you can get a list of fundamentally strong stocks. This special score, ranging from 1 to 10, is assigned to stocks listed on the NSE (National Stock Exchange). This score helps rank the stocks within their respective sectors. A higher score indicates a better-performing company. The score considers factors like valuation, profitability, market share growth, financial health, and earnings growth of the company.
For instance, let’s list the Nifty 50 fundamentally strong stocks using the stock screener:
Step 1: Go to the Tickertape Stock Screener
Step 2: In the left-side filter section, click on ‘Stock Universe’ and select ‘Nifty 50’.
Step 3: Click on ‘+Add Filter’ and under ‘Tickertape Special’, select ‘Fundamental Score’.
There you go! You now have your list of fundamentally strong stocks from the Nifty 50. But wait, there’s more! If you want to fine-tune your results and narrow down the options even further, you can add additional filters such as Net Income, Debt-to-Equity ratio, and more. Simply follow the same process and customise your search to meet your specific criteria.
With Tickertape’s user-friendly interface, you can easily identify the perfect stocks tailored to your preferences in 3 simple steps. However, there’s an easy way that will reduce the process of finding stocks in a plethora of options. Read on to find out
Screening made easy with ready-made screens
Picture this: you’re an aspiring investor, ready to dive into the world of stocks and find those hidden gems that could potentially skyrocket your portfolio. But wait, there’s a catch. The task of screening stocks seems like an insurmountable challenge, with a myriad of filters, indicators, and data points to consider. Fear not, because there’s a secret weapon that can unlock the doors to successful stock screening: pre-built screens.
Pre-built screens are a game-changer in the world of stock screening. Crafted by seasoned professionals, these screens are designed with pre-defined criteria aligned to specific investment strategies. They save you time and effort by filtering through a vast universe of stocks and presenting a curated list of potential investments that meet your desired parameters. They offer flexibility for customisation, allowing you to tailor the screens to your financial goals and risk tolerance.
What’s so special about Tickertape’s pre-built screen?
At Tickertape, we have 18 pre-built screens with different themes to make your life easier. Planning for your retirement? We have a screen for you – Retire in Style. Planning a trip for next year? – Get, Set, Fly! screen is for you. Looking for stocks with strong price momentum? – the Jamaican Sprinters screen is there to help you. Let’s learn about each of them in brief –
Basic screens
- Investing in New Me! – This screen filters stocks with low expense ratios and gold ETFs. You can use this screen while you are planning to get a degree or a new lifestyle.
- Get, Set, Fly! – It lists low-expense ETFs for short to medium-term investments to fund your trips.
- Money Minters – This screen list out companies which are good at quickly turning around cash to generate profits due to low/negative cash conversion cycles.
- Near 52W Low – This screen helps you filter fundamentally strong stocks which are near their 52-week low.
- Low-debt Midcaps – You get growing mid-cap companies with less to zero debt using this screen.
- Cash-Rich Smallcaps – This screen list profitable small-cap companies with growing cash flow and earnings.
- Limited Variability – You can use this screen to filter low-risk, large-cap stocks to achieve market-beating returns.
- Cash-Rich Largecaps – It lists profitable large-cap companies with growing cash flow and earnings.
- Quality Drifters – This screen shows you high-growth quality companies that are exhibiting price momentum.
Premium screens
- Retiring in Style – This screen displays stocks of long-term growth companies to help you plan your golden years.
- Fuel for Your Dreams – You can list stocks with a high market cap and 1-yr returns that can help you plan for your dreams using this screen.
- Wealth Emissaries – This screen lists asset management companies, investment banks and stock exchanges which are expected to benefit from bull runs in the stock market.
- Jamaican Sprinters – This is a technical screen to select stocks which are experiencing strong price momentum.
- Cash & Carry Candidates – This screen lists potential stocks where profitable cash and carry arbitrage trade can be executed.
Premium Futures & Options screens
- Fut: Long Build Up – This screen lists stocks which are experiencing long build-ups in future contracts. It is considered a bullish indicator.
- Fut: Short Build Up – This screen sorts out stocks which are experiencing short build-up in future contracts. It is considered a bearish indicator.
- Opt: Long Build Up – You can sort stocks which are experiencing long build-up in option contracts using this screen. It is considered a bullish indicator.
- Golden Geese – This screen lists high Return on Equity (ROE) companies with growing cash and earnings, available at a discount.
When you click on any of the screens, you can check the applied filters that make the screen.
How to use Pre-Built Screens to find stocks with strong price momentum?
Let’s look at how you can access these screens. For instance, let’s look for stocks that are experiencing strong price momentum using the pre-built screen.
Step 1: On the Tickertape website, at the Stock Screener Page, click on ‘All Screens’ at the top.
Step 2: There are four different sections. Under the premium section, click on ‘See all’.
Step 3: Click on ‘Jamaican Sprinters’ – You can see all the filters that are used to build this screen on the right-hand side.
Step 4: When you click on ‘Load’, a screen appears with all the stocks which are experiencing strong price momentum.
Easy-peasy! Right? Now, a bonus surprise – you can create your own screens and save them for future reference. When you filter stocks based on your preferences, you can save the screen by clicking on the ‘Save’ button near the New Screen heading and renaming it according to your preferences. Is that it? Well, no! Let’s take your journey of finding your right investment idea to the next level.
Explore bulk/block deals and insider trades
Gain a competitive edge in the ever-evolving financial landscape by keeping a keen eye on insider trades and bulk & block deals. Knowing about insider trading can help you understand market sentiment and potential investment opportunities. It provides insights into the actions of influential players in the market. Similarly, being aware of bulk and block deals can give you valuable information about significant trading volumes and potentially profitable moves.
The question is, how do you get access to this information? Well, with our Stock Deals feature, you can explore insider trades and bulk & block deals with ease. Simply click on the ‘drop-down’ menu on the left side of the homepage, and click on ‘Stock Deals’. You will land on a page like the image below.
There are various filters available that let you dive deep into the stock deals. Here’s a brief about all the available filter options.
Stocks – You can select any number of stocks at once by typing the stock name and clicking on the tick-box.
Date Range – We currently have Bulk, Block deals, and Insider trades data. You can select any date range within this timeframe and can view the data accordingly.
Party – This filter allows you to search for particular Transacting Parties by investor / investing firm’s name and filter trades accordingly. You can know which stocks the smart money is trading in.
Category – There are three main categories – Insider, Bulk and Block deals. Insider deals are further categorised into multiple categories as Promoter, Director, Employee etc.
Transaction Type – Stocks can also be filtered based on transaction types, Buy or Sell.
Now, let’s consider you want to check the buy transactions of block deals for Tata Steel Ltd for the last 1-yr. Follow the below-mentioned steps.
Step 1: Click on ‘Stock’ search, and select ‘Tata Steel Ltd’.
Step 2: Click on ‘Category’ and select ‘Block’.
Step 3: Click on ‘Txn. Type’ and select ‘Buy’
Step 4: Click on ‘Date range’ and select ‘Last 1 year’.
There you go! Here’s your list of all Block deals (buy) of Tata Steel Ltd. for the last 1-yr.
Easy-peasy, right? These powerful insights can give you an edge in your investment decisions and help you make informed choices. Read on to get a surprise; it will enable you to get a list of stocks recommended by seasoned market analysts
Uncover the best Investments with Analyst Rating filters
Now that you’re armed with strategies to gain an edge in the market, here’s an exciting surprise for you: access to a list of stocks recommended by analysts. Imagine the power of having expert opinions at your fingertips, empowering you to make informed decisions in the dynamic stock market.
Analyst Score on Tickertape is like having a team of experienced analysts by your side, guiding you through the maze of stocks. There are six different types of analysts’ scores. Let’s explore each one of them.
- Number of analysts with buy recommendations
This tells you how many analysts recommend buying a particular stock out of the total number of analysts who have researched it. Different stocks have different numbers of analysts tracking them. Each analyst provides a rating and target price, which are averaged and presented on the platform. This information is often updated after quarterly or yearly results. It gives you an idea of how many analysts are covering the stock and suggesting a buy.
- Total number of analysts
This indicates the overall number of analysts covering a company. It helps you understand the level of analyst coverage and the attention a stock receives.
- Percentage of Hold Recommendations
This is calculated by dividing the sum of analysts with a hold rating by the total number of analysts for a particular stock. It shows the percentage of analysts who recommend holding the stock without suggesting buying or selling.
- Percentage Upside
This data item reflects the percentage difference between a stock’s target price and its current price. Target price is an average of projections made by stock brokers over the near term. The percentage difference helps identify the potential upside or downside in the stock. A positive number indicates potential upside, while a negative number indicates downside.
- Percentage of Sell Recommendations
This is calculated by dividing the sum of analysts with a sell or strong sell rating by the total number of analysts for a particular stock. It gives you an idea of the percentage of analysts who recommend selling the stock.
- Percentage of Buy Recommendations
This data item is calculated by dividing the sum of strong buy and buy recommendations by the total number of recommendations for the stock. It represents the percentage of analysts who recommend buying the stock. A higher percentage, closer to 100%, indicates more confidence and positive recommendations from analysts.
How to use the analyst rating filters?
Let’s consider you wish to get a list of stocks that analysts recommend buying. Follow the below-mentioned steps.
Step 1: Go to Tickertape Stock Screener.
Step 2: Select ‘+Add Filter’ and look for ‘Analyst Ratings’. Under that, select ‘No. of analysts with buy reco’.
There you go! Sort the list from high to low, and analyse each stock using Tickertape Scorecard. Now, you can add filters from over 200 filters to search for stocks according to your preferred criteria.
To wrap up
Finding the right investment idea is crucial for financial success in the ever-evolving world of investing. Tickertape simplifies this journey by providing financial insights and tools to navigate investments effortlessly. With Tickertape’s Stock Screener, investors can filter stocks using over 200 filters or create custom filters aligned with their goals and strategies. Pre-built screens save time by presenting curated investment options. Tickertape’s Stock Deals feature provides insights into insider trades and bulk & block deals, while the Analyst Score feature offers expert recommendations. Start your journey today with Tickertape to uncover your next best investment idea.