If you wish to enhance your understanding of the stock market or are seeking a simple method to identify undervalued stocks, InvestingPro's stock screener is a valuable tool that should be on your radar.
In case you're not familiar with InvestingPro, it's a premium tool offered by Investing.com, designed to assist small investors like you in making well-informed and profitable investment choices.
It simplifies the process of determining whether a stock is undervalued or overvalued, making your buy and sell decisions straightforward and transparent.
But how do you discover undervalued stocks in the market and get in on them before they take off?
In InvestingPro's 'Filter' section, you'll find a range of predefined strategies like Strong Upside, Bullish Stocks, Piotroski Score, Ben Graham Formula, Tech Gems, Dividend Dream, 52-week Lows Bargain Hunters, Cash is King, and Altman Z High Score.
These strategies are excellent for uncovering hidden gems in the market based on various metrics, but they might be a bit overwhelming if you're a beginner investor.
That's why from this point on I'm going to show you how to create a stock screener with InvestingPro that is simple, straightforward, and suitable for all types of investors (even if you are a novice or beginner) and that also works to find stocks with great revaluation potential. Here's how to pick winning stocks step by step:
The first step is to delete all the filters you have active by clicking on the X that appears to the right of each filter.
The second step is to add 2 filters. Only two? Yes, only two, but with a huge search and selection potential.
The first metric to add would be the InvestingPro Fair Value Increase and the second is the Overall Score.
What do
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