Nemo exists to help investors discover investment opportunities, so they never miss out.
This goal is embedded within all we do, and especially in the product we continue to develop.
Our latest released feature is no different. And while this one may be a small addition in looks – it's literally 3 little lines – it holds almost unlimited opportunity.
So, let’s waste no more time in introducing Nemo’s new Stock Finder!
Finding stocks to invest in on Nemo with Stock Finder
Head to the Stocks view on Nemo.
To the right of the search bar, you’ll see a 3-line funnel. This is the Stock Finder, and where the magic happens!
Tapping on the Stock Finder opens a page of categorised filters. Using the filters, you’re able to create a list of stocks that meet your investment objectives or personal preferences.
6 categories to filter by in Stock Finder
There are six categories within the Stock Finder you can use to refine your stock search. You can combine one or more categories and filters to create your list of stocks. As you select each filter option, the view button (blue) at the bottom of the screen will update with the number of stocks that match your current filter options.
1. Market Cap
Market Cap, also known as market capitalisation, shows how much investors value a company. It’s calculated by multiplying the total number of shares by the current share price.
From an investment point of view, companies with larger market caps are often seen as less risky, but may not see significant growth. On the other hand, companies with smaller market caps tend to have greater potential for growth, but are often considered riskier assets.
Options include:
- Extra Large – companies worth $200 billion or more.
- Large – companies worth $10 billion to $200 billion.
- Medium – companies worth $2 billion to $10 billion.
- Small – companies worth $250 million and $2 billion.
- Micro – companies worth under $250 million.
2. Industry
Filter by scrolling right if you want to focus on specific industries that interest you, or that you feel have strong growth potential.
Options include:
- Energy providers
- Manufacturing
- Consumer goods
- Finance
- Real estate
- Healthcare
- Technology
- Public services
3. Potential Profit (12 months)
The Potential Profit filter is based on how much professional market analysts predict or expect the stock’s price to increase, given in percentages from the current price, over the next 12 months.
Options include:
- 15% – 20%+
- 10% – 15%
- 5% – 10%
- 0% – 5%
4. Investment Type
Choose the investment type filter to narrow your stock search based on your investment goals.
Options include:
- Income stocks
- Growth stocks
Income stocks, also known as dividend stocks, may periodically pay a portion of their profits to shareholders in the form of dividends. These are often considered more conservative as they’re more stable, and favoured by investors who want a regular stream of income.
Growth stocks, on the other hand, are expected to experience substantial growth in revenue and earnings. They reinvest their profits back into the business rather than distributing dividends to shareholders. Growth stocks are typically more volatile due to fluctuations in their business growth prospects and offer investors the potential for higher capital gains.
5. Analyst Recommendation
Analyst recommendations can give investors a good starting point when considering whether to invest in a stock.
Options include:
- Strong buy
- Buy
- Hold
- Sell
- Strong sell
‘Strong buy' and ‘buy’ ratings are recommendations to buy the stock, while 'strong sell' and ‘sell’ are recommendations to sell. A ‘hold’ rating is neutral – there's no reason to buy the stock, but if you already own it then there’s no compelling reason to sell either.
6. Financial Health
Financial Health refers to the overall strength of a company's financial position, its ability to meet financial obligations, and resilience to market downturns. It considers aspects like liquidity, debt levels, cash flow, and profitability. The data is analysed, and companies are rated from excellent to poor.
Options include:
- Excellent
- Above average
- Average
- Below average
- Poor
Investment opportunities abound!
Whether you choose to apply one filter or choose multiple criteria from all categories is up to you. There are endless combinations, and each one will present a different result with a unique set of stocks to consider.
And that’s how we make sure you never miss out on an investment opportunity!
