Completing our basic stock screener - Using Programming for Fundamental Investing Part 10

TL;DR

This tutorial demonstrates how to screen stocks using programming to narrow down a large dataset, and how to acquire historical earnings data using the Wayback Machine.

Transcript

hello and welcome to the 10th fundamental investing with the use of programming tutorial where we left off i was showing you all how to further screen a batch of data that way you don't have to continue running through the whole huge set right so in this case you know instead of running through 3000 bits of 3000 tickers you can generate kind of a s... Read More

Key Insights

• 👻 Using programming techniques to screen stocks can be a valuable tool for investors, allowing them to identify potential investment opportunities efficiently.
• 🍉 The tutorial emphasizes that fundamental investors focus on long-term value rather than short-term growth or momentum.
• ♿ The Wayback Machine provides a workaround to access historical earnings data without purchasing it, although the data may not be as complete or recent.
• 💁 The tutorial suggests exploring other pages on Yahoo Finance, such as analyst opinions and cash flow statements, to gather additional information for security analysis.

Questions & Answers

Q: How can screening stocks using programming help investors?

Screening stocks using programming allows investors to quickly narrow down a large dataset and focus on companies that meet specific criteria, saving time and effort in the research process.

Q: What additional requirements can be added to further refine the screened stock list?

Additional requirements, such as a specific debt to equity ratio, can be added to the screening process to further narrow down the list and identify potential investment opportunities.

Q: How can the Wayback Machine be used to access historical earnings data?

The Wayback Machine can be used to access cached versions of websites from the past. By entering the company's ticker symbol and browsing through past records, investors can gather historical earnings data and analyze the company's financial performance over time.

Q: Is it necessary to purchase historical earnings data for fundamental analysis?

While historical earnings data can be purchased from sources like Thomson Reuters, the tutorial provides a method to access this data for free by using the Wayback Machine. However, this method may not be as comprehensive or up-to-date as purchased data.

Summary & Key Takeaways

• The tutorial explains how to screen stocks using programming to create a manageable list that meets specific criteria.

• It demonstrates how to further refine the list by adding additional screening requirements.

• The tutorial also shows how to use the Wayback Machine to access historical earnings data for a company.