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Now you can screen the S&P 500 index

If you are looking for a S&P 500 stock screener you can now do this with the Quant Investing stock screener.

This means you can limit your stock screen to only the companies that are included in the S&P 500 index

 

What exactly is the S&P 500 index?

The S&P 500 index is a group of large U.S. companies and is meant to reflect the risk/return characteristics of companies with a large market value.

Companies in the S&P 500 index are selected by the S&P Index Committee, as well as a team of analysts and economists at Standard & Poor's.

Remember the S&P 500 is a market value weighted index - this means that the larger the market value of a company the more its price movements will influence the index.

 

How to select the S&P 500 index?

Once you have logged into the screener click the drop down list below Primary Factor and under the heading Growth select S&P500 Companies.

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How to select the S&P 500 index

 

Screener ideas

Here are a few interesting S&P 500 stock screening ideas for you:

 

 1. S&P 500 companies with a high and growing dividend yield

The stock screen below will give you a list of high dividend yield S&P 500 companies that have also been growing their dividends over the past 10 years.

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Selects only S&P 500 companies with high dividend yields with growing dividends over the past 10 years

 

2. S&P 500 companies with best momentum

You can also, for example, find companies in the S&P 500 index with the best six month stock price momentum (increasing share price).

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Selects S&P 500 companies with the best 6 month stock price momentum.

 

3. Undervalued quality S&P 500 companies

This screen will give you a list of undervalued S&P 500 companies.

It finds companies in the S&P 500 index that are high quality – with a high Piotroski F-Score – and are undervalued based on multiple ratios included in the Qi Value ranking.

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Selects quality and undervalued S&P 500 companies

 

4. S&P 500 companies that are on steroids

You can also look for companies in the S&P 500 that are market leaders – large companies on steroids.

Market Leaders are:

  • Non-utility companies with larger than average:
  • Market value
  • Number of shares outstanding
  • Free Cash flow and
  • Sales above 1.5 times the average of the universe

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Selects Market Leading S&P 500 companies

 

PS To get all these investment ideas working in your portfolio sign up here.

PPS It is so easy to put things off, why not sign up right now before it slips your mind?