10 Best Penny Stock Screeners

One of the easiest ways to find undervalued penny stocks is to use a free penny stock screener. A good screener lets you search a variety of filters to create a powerful, personalized list of bargain penny stock buys.

According to SEC.gov, a penny stock is a security issued by smaller companies for less than $5. The only thing you need to do is set the price to “less than $5” on any of the screeners listed below.

Best of all, they are free to use and you can access them at any time by logging onto the internet.  Every screener isn’t created equal, so I listed my reviews of the Top 10 favorite online penny stock screener tools.

Which is the Best Penny Stock Screener?

1. Yahoo! Finance Penny Stock Screener

Yahoo! offers a powerful stock tool that lets you sort your results by:

  • Category
  • Share Data
  • Sales and Profitability
  • Valuation Ratios
  • Analyst Estimates

Remember to set the “Price (intraday)” to less than $5 max to only retrieve penny stocks.

2. FinViz Penny Stock Screener

Finiz is probably my 2nd favorite screener other than Yahoo! Finance. FinVIZ is short for “Financial Visualizations” and the site does a great job of displaying technical & fundamental analysis with beautiful stock charts.

You can sort penny stocks based on lots of different technical & fundamental indicators.

Change the “Price” in under the description section to “under $5” to easily filter penny stocks only.

3. MarketWatch Penny Stock Screener

MarketWatch’s screener is the most web 2.0-like of the bunch. You can sort the results based on:

  • Price
  • Volume
  • Fundamentals
  • Technicals
  • Exchange & Industry

MarketWatch gives you the most control over your results better than any other stock tool. Remember to activate stocks “trading from $0 to $5” to only show penny stocks.

4. MorningStar Penny Stock Screener

MorningStar’s tool is more suited for mutual fund investors, but you can ignore the MorningStar ratings to return some incredibly accurate penny stock recommendations. You can sort the results by:

  • Stock Basics
  • MorningStar Stock Grades (Optional)
  • Company Performance
  • Stock Performance
  • Valuation

Morningstar lacks a trading price function, so limit the market capitalization to $1 billion.

5. Investing.com Stock Screener

Investing.com is one of my recent favorite stock screeners that lets you sort penny stocks using lots of different screens :

  • Company Basics
  • Profile
  • Fundamentals
  • Performance
  • Results

Change the “Last” price under Add Criteria -> Price from $0 to $5 to filter penny stocks only.

6. Zack’s Penny Stock Screener

Zack’s research offers a handy tool for finding good penny stocks to watch under $10.

7. Stock-Screener.org Stock Scanner

They offer a bunch of stock screener tools to find penny stocks under $5

8. OTC Markets

OTC Markets is a great tool for screening over-the-counter (OTC) penny stocks as well. It’s a lot different from most tools because they don’t display any NASDAQ or NYSE stocks.

Enter $5 as the Max price under the Growth section to filter penny stocks only.

9. DojiSpace

Dojispace offers a simple list of penny stock gains & losers without all the advanced fundamental indicators. It’s useful for generating a quick penny stock watchlist without much hassle. Not as comprehensive as other screeners but still useful too.

Go to the Penny stock page and select the “Stocks under $5” box to show all the available penny stgocks.

10. PastStat

PastStat is a handy free stock screening app for investors.

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One Comment

  1. Not helpful at all. You begin by stating we should be looking for “undervalued penny stocks”. Then all you do is show us how to filter lists of stocks to find those that are under $5.

    Your “Yahoo! Finance Penny Stock Screener” is just the normal Yahoo screener with a $5 filter applied. Gee that must mean there’s also a “Yahoo! Finance Large Cap Stock Screener” and a “Yahoo! Finance Retail Stock Screener” and a “Yahoo! Finance Stock Sector Screener” etc etc.

    Are all stocks under $5 “undervalued”? No they are not. Yet you provide no guidance on what criteria to use to identify those that are undervalued. This post is nothing but a list of screening sites. What a waste of time.

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