The Interactive Brokers’ (IBKR) GlobalTrader Stock Scanner provides an easy-to-use search platform for the investor to choose stocks based on the parameters they input such as market cap or dividend yield. Access the Stock Scanner from either by tapping the blue trade button and using the search bar at the top of the screen or by going to the Explore screen.
In the Explore screen the investor can tap on the Search bar at the top of the page to bring up a list of recently searched symbols. Underneath the search bar the investor should tap “stock scanner” to bring up the scanner. Once the GlobalTrader Stock Scanner screen is up the investor can search by any or all of the following:
- Market Cap,
- Last Price in USD,
- Price / Earnings or P/E Ratio, and
- Dividend Yield
For this example, the investor is going to search for the following:
- Mid Cap in Market Cap,
- EU in Region,
- Financial in Industry,
- They are not going to select a Last Price or P/E Ratio, and
- 2-4% for the Dividend Yield
A list of results will appear, and the investor can add the stocks to the Watchlist by tapping on the plus sign or bring up the stock information screen by tapping on the symbol and create a trade from there.
The investor can also adjust the filters by tapping on the filter button at the bottom right-hand side of the screen and new list will formulate.
The GlobalTrader Stock Scanner is an easy-to-use tool that allows the investor to streamline their search by filtering a stock’s data.
Disclosure: Interactive Brokers
The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers, its affiliates, or its employees.