Undervalued Stocks Today

How to Use Our Scanner for Undervalued Stocks

The above list represents stocks that might be undervalued today.

It's powered by our proprietary stock scanner, which searches once per day for stocks that are undervalued.

You can sort columns using the up and down arrows next to the column name. You can add filters for the column values by clicking the "Add Filter" button above the list of undervalued stocks. This scanner is designed for active stock traders.

This video shows how to use our scanner:

 

 

Scanner Features that Require a Subscription

Our free scanner offers you the ability to find stocks that are undervalued, but you may need more than that to ensure you're making trades that have a true edge.

Our paid scanner service is designed to offer you all the intelligence our research can offer. These are the scanner features you get if you pay for a subscription:

 

• See the historical backtested performance for each scan result. It looks like this:

 

 

• See full trade setups for each scan result, including when to enter and exit. It looks like this:

 

 

• Get alerted when there are new scan results (by text or email).

 

• Get access to real-time scan updates throughout the trading day.

 

• Access scan results for all trading strategies in a single scan to easily see which trade setups have the best backtested performance across the entire market at any given time.

 

• Get access to scan results for our proprietary trading strategies, which required years of research to develop.

 

 

Here's a video that explains the difference between our free undervalued stocks scanner and our paid scanner service:

 

 

How We Find Undervalued Stocks Each Day

Our one-of-a-kind scanning technology is at the heart of everything we do here. We have a way to program a trading strategy into our scanner, and then it uses real-time data feeds to find any stocks that meet the criteria of the trading strategy.

In the case of finding stocks that are undervalued each day, our scanner looks for stocks that are undervalued by some measure according to our investing strategies.

 

Our Criteria for Defining Undervalued Stocks

 

To find stocks that are undervalued, our scanner looks for stocks that meet any of these criteria:

 

1. Low PE Ratio: These are stocks that have PE ratios below 10 and above 0.

 

2. Discounted with Earnings Growth: These are stocks that are well below their 52-week highs yet have earnings growth each of the last three consecutive quarters.

 

3. Blue Chips at a Discount: These are stocks with a market capitalization of more than $10 billion that are well below their 52-week highs.

 

What Exactly Is a PE Ratio?

PE ratio (or P/E ratio) stands for Price-to-Earnings ratio. It's a fundamental valuation metric used in the stock market to evaluate a company's stock price relative to its earnings.

It’s calculated by taking the current share price of a company's stock and dividing it by its earnings per share (EPS).

The formula looks like this:

Here is a breakdown of the components of the calculation:

Current Share Price: This is simply the current price of the company’s stock at any given moment.

Earnings Per Share (EPS): This takes the earnings of the company over the last 12 months (as of the company's most recent quarterly financial report), and divides it by the total shares outstanding for the company. The company's earnings can be found on its income statement, and the company's outstanding shares can be found on its balance sheet.

The calculation above is the classic way to compute a company's PE ratio. It's also referred to as a trailing PE ratio since it's looking at historical earnings (actual earnings).

Companies also project earnings, and there is a metric called a forward PE ratio that uses projected earnings as the basis for the calculation.

 

Other Popular Scans at Stock Market Guides

Want to see scans we have for other popular indicators, chart patterns, and candlestick patterns? Check them out here:

 

 

Have Questions About Undervalued Stocks or Our Services?

If you have questions about undervalued stocks or questions about any services we offer, you can contact us any time and we'll be ready to help.