Good cheap stock to buy

Screening Filters

1. Market Cap: {'max': '2000000000'}

   • Purpose: To identify smaller companies with a market capitalization of up to $2 billion.
   • Rationale: Smaller-cap stocks are often considered "cheap" in terms of valuation and price, as they may be undervalued or have higher growth potential compared to larger, more established companies. This aligns with the user's request for "good cheap stock to buy."

2. P/E Ratio (Trailing Twelve Months): {'max': '15'}

   • Purpose: To filter for stocks with a low price-to-earnings (P/E) ratio.
   • Rationale: A P/E ratio below 15 is generally considered low, indicating that the stock may be undervalued relative to its earnings. This helps identify stocks that are "cheap" in terms of valuation, which matches the user's query.

3. Price: {'max': '10'}

   • Purpose: To find stocks trading at a price of $10 or less.
   • Rationale: Stocks with a low share price are often perceived as "cheap" by retail investors. This filter ensures that the results include stocks that are affordable for investors with limited capital, directly addressing the user's request for "cheap" stocks.

4. Weekly Average Turnover: {'min': '1000000'}

   • Purpose: To ensure the stocks have sufficient liquidity, with a minimum weekly average turnover of $1 million.
   • Rationale: Liquidity is important for investors to enter and exit positions easily without significant price impact. This filter ensures that the selected stocks are actively traded and not illiquid, which reduces the risk of being unable to sell the stock when needed.

Why Results Match:

• The combination of these filters ensures that the stocks identified are both "cheap" in terms of price and valuation (low market cap, low P/E ratio, and low price per share) while also being liquid and accessible for trading (minimum weekly turnover).
• By focusing on smaller-cap stocks with low P/E ratios and affordable prices, the screener targets companies that may have higher growth potential or are undervalued, aligning with the user's interest in finding "good cheap stock to buy."
• The liquidity filter ensures that the selected stocks are practical for investment, avoiding illiquid or highly speculative stocks that may pose additional risks.