When you look at all publicly traded securities listed on major U.S. exchanges, the number probably stands somewhere around 6,000. Whatever the actual figure is, it’s impossible for investors to conduct thorough research on each and every name. Sometimes, you need to quickly separate the wheat from the chaff — and that’s where Barchart Screeners comes into play.
Among the lesser-known platform tools that I like to use is Barchart’s Three-Day Losers. My thinking is that the screener tends to capture generally robust enterprises that got caught temporarily in rough circumstances. On the other end, it might not be the wisest idea to consider 52-week losers because there might be a reason why a company has struggled for that long.
