Just look up the air consumption of the tool you're interested in and see if the compressor can handle it. Without knowing exactly what tool you're looking at, it's almost impossible to give a recommendation. For example, if you're looking at an impact wrench, a 3/8 drive will use around 3 cfm, but if you're looking at a 1" drive it will use around 10 cfm.
Keep in mind that continuous use tools (like air ratchets) have significantly higher air requirements than does something like a framing nailer that only uses quick bursts of air. The specs on your little air compressor are pretty weak, so you'll probably be stopping a lot to let the compressor catch up for anything other than small tools.