Growth stocks are where the big gains are for investors. These companies are growing revenue and earnings fast and often way faster than the market. Using stock screeners you can find potential high growth stocks that match your goals.
Good screeners allow you to filter stocks by profit growth, price to earnings ratios and return on equity. This helps you narrow down the thousands of stocks to a few prospects. Whether you’re a short term trader or long term investor, you can get good results in the wild world of growth investing.
How to Find High-Growth Stocks with Screeners
Growth Stock Screening Criteria
To find high growth stocks use these screeners in your stock analysis tools. Here are the criteria:
- EPS growth (1 year): 20%+
- Quarterly EPS growth: 20%+
- Quarterly revenue growth: 20%+
- Projected EPS growth: 15%+ next year
- Institutional ownership: 30%+
- Share price: $15+
These criteria will narrow down the thousands of stocks to a few high growth prospects. Using actual 20% historical growth gives a solid base and 15% projected growth allows for some flexibility. The institutional ownership filter is especially useful. It shows professional investors have faith in the stock and there’s potential for price movement from institutional buying. Setting this at 30% captures stocks with decent institutional interest but still room to run.
To use these criteria, use a stock screener. Many platforms have customisable screeners with hundreds of metrics. Here’s how to set up your high growth screen:
- Open your stock screener
- Create a new custom screen
- Add each of the criteria above
- Set the values
- Run the screen to get your list of high growth stocks
Remember this is just the first step. You’ll need to do more research on the stocks that come up before making any buying decisions. Always consider industry trends, competitive position and overall market conditions along with growth metrics.
By using these screeners you can find stocks with strong historical growth and potential for more growth. This combines quantitative filters with institutional insight to help you focus on high growth opportunities.
High Growth Stock Screening for Smart Investors
Growth Stock Screening Criteria for Investors
When looking for high growth stocks consider these:
- EPS growth (1 year): 20%+
- Quarterly EPS growth: 20%+
- Quarterly revenue growth: 20%+
- Projected EPS growth (next year): 15%+
- Institutional ownership: 30%+
- Share price: $15+
- 3 year average EPS growth: 15%+
- 3 year average sales growth: 15%+
These will give you companies with consistent growth and strong financials. Some investors like to look at 5 year growth but 3 year average gives you a good balance between historical and recent trends.
Don’t rely too much on long term forecasts as they are unreliable. Focus on shorter term projections and actuals. Remember stock screening is about probabilities not certainties.
Importing Screeners
Many stock screening platforms allow you to import pre-built screeners. This saves time and gives you a solid base for your research. Here’s how to import screeners:
- Go to the screener library
- Select the “Screeners” tab
- Search for growth screeners
- Select the screeners you want to import
- Click import
Once you import you can customise the screeners to your needs. Don’t be afraid to change criteria or add more parameters as you refine your strategy.
Remember stock screening is just the first step in the investment process. Always do thorough research on individual stocks before making buying decisions. Look at:
- Management quality
- Competitive position
- Industry trends
- Valuation metrics
By combining good screening with deep research you’ll be better equipped to find high growth stocks for your portfolio.
High Growth Stocks for Your Portfolio
Growth stocks can be a great way for investors to get long term capital growth. To find opportunities use stock screeners that focus on growth metrics. Look for companies with strong revenue growth, expanding profit margins and increasing market share.
Some popular stock screening tools are:
- Trade Ideas
- TradingView
- Finviz
- TC2000
- StocksToTrade
When looking at growth stocks consider:
- Earnings per share (EPS)
- Revenue growth rate
- Price-to-earnings (P/E)
- Return on equity (ROE)
- Debt-to-equity
Don’t forget to diversify across sectors and industries. Technology, healthcare and consumer discretionary sectors have high growth companies.
Once you have your candidates do thorough research on each company. Look at their financials, competitive position and growth strategy. You can use Stock Rover to get access to financial data and analysis tools.
Remember to consider your risk tolerance and investment goals when choosing growth stocks. These stocks can give you big returns but also come with higher volatility and risk.
Growth Stocks with Strong Analyst Ratings
Finding high growth stocks can be made easier with advanced screeners. These tools have analyst ratings and financial metrics to help you make decisions. You’ll get a breakdown of analyst recommendations including the number of buy ratings for each stock.
Key growth indicators are often displayed visually so you can see a company’s performance at a glance. Look for tools that show earnings per share (EPS) and revenue growth over the last few years. This will help you see stocks that are consistently improving.
Some screeners also have multi-faceted ratings for:
- Growth
- Valuation
- Operational efficiency
- Financial health
- Price momentum
These ratings give you a complete picture of each stock. By looking for stocks with high growth scores and strong analyst recommendations you can find opportunities in the growth stock space.
More Growth Stock Screening
Stock screeners have many options for finding high growth stocks. You can try screeners for dividend growth, large cap growth, mid cap growth and even specific strategies.
If you’re interested in ETFs there are screeners for large cap and mid cap growth ETFs. Tech experts can use screeners to find growth stocks in the tech sector.
When looking for international growth opportunities use TradingView’s screening tools. This platform has access to global markets and multiple screening criteria.
If you want to balance growth with income some screeners can help you find growth stocks that pay dividends. These tools let you combine multiple factors to match your investment goals and risk tolerance.
More Stock Screeners: