Florida-based Investing Systems has launched a software application to scan and highlight stock earnings.
The company says the application automatically scans and displays stocks that have beaten the street, show positive earnings growth year on year or are up from the previous day's close.
The application is aimed at short-term investors. Every trading day it will produce a list of money-making stocks with positive price momentum generated from an earnings surprise. It is based on Microsoft Windows.
The company has high hopes for the product. David Gottlieb, market analyst for Investing Systems, says: "With this system, picking winners in today's market is as easy as point and click. It's a stock pickers dream come true.
"We designed this program as a research tool for people wanting to find stocks that will generate short-term profits. There is nothing like a positive earnings release to do just that," he says.
Stock selection is filtered in the background. The user simply gets a list of stocks meeting the criteria.