Screening Filters & Rationale
Market Cap ≥ $10 billion:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap companies tend to be more stable and reliable, aligning with a focus on consistent earnings performance.
Earnings Date = 2023-10-26:
- Purpose: Identify stocks reporting earnings tomorrow morning.
- Rationale: Ensures the selection is timely and relevant for immediate investment decisions.
P/E TTM ≤ 25:
- Purpose: Target stocks with reasonable valuations.
- Rationale: A lower P/E ratio indicates the stock may be undervalued relative to its earnings, reducing overvaluation risk.
Return on Equity ≥ 15%:
- Purpose: Focus on companies with strong profitability.
- Rationale: High ROE reflects efficient use of equity to generate returns, indicating strong financial performance.
Earnings Surprise = BothBeat:
- Purpose: Select stocks that have consistently exceeded earnings and revenue expectations.
- Rationale: Positive surprises often lead to increased investor confidence and potential price appreciation.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.