5 Best stocks to buy under 1?

Screening Filters & Rationale

1. Market Cap (min: $50,000,000):

   • Purpose: To focus on companies with a minimum level of stability and avoid micro-cap stocks that may be highly speculative.
   • Rationale: Ensures the selection includes companies with a reasonable market presence and reduces the risk of extreme volatility.

2. Price (max: $1):

   • Purpose: To identify stocks that are affordable and meet the user's request for low-priced investments.
   • Rationale: Targets stocks under $1, aligning with the user's budget and preference for low-cost opportunities.

3. Quarterly Revenue YoY Growth (min: -20%):

   • Purpose: To filter for companies with acceptable revenue performance, even if slightly negative, to avoid those with severe declines.
   • Rationale: Focuses on companies showing resilience or moderate growth potential, reducing the risk of selecting businesses in significant financial distress.

4. Weekly Average Turnover (min: $1,000,000):

   • Purpose: To ensure sufficient liquidity for ease of buying and selling the stock.
   • Rationale: Prioritizes stocks with higher trading activity, reducing the risk of illiquidity and large bid-ask spreads.

5. RSI 14 (max: 60):

   • Purpose: To identify stocks that are not overbought and may have room for upward movement.
   • Rationale: Helps avoid stocks that are potentially overvalued or at risk of a near-term price correction.