Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap stocks tend to be more stable and less volatile, aligning with consistent earnings expectations.
Analyst Consensus: Strong Buy or Moderate Buy:
- Purpose: Identify stocks with positive sentiment from professional analysts.
- Rationale: Analyst recommendations often reflect thorough research and confidence in the stock's near-term performance.
Earnings Date: 2023-10-25:
- Purpose: Target stocks reporting earnings tomorrow to capitalize on potential price movements.
- Rationale: Earnings announcements can lead to significant short-term price action, offering trading opportunities.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure sufficient liquidity for easy entry and exit.
- Rationale: High turnover indicates active trading, reducing the risk of slippage in trades.
P/E TTM ≤ 25:
- Purpose: Focus on reasonably valued stocks relative to their earnings.
- Rationale: A lower P/E ratio suggests the stock is not overvalued, aligning with value-oriented strategies.
Earnings Surprise: EPS Beat:
- Purpose: Highlight companies that have historically exceeded earnings expectations.
- Rationale: Positive earnings surprises often lead to upward price momentum.
Annual EPS YoY Growth ≥ 20%:
- Purpose: Select companies with strong earnings growth.
- Rationale: High growth rates indicate robust business performance and potential for future gains.
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.