Screening Filters & Rationale
Market Cap (max: $2,000,000,000):
- Purpose: Focus on small-cap companies to align with the penny stock category.
- Rationale: Smaller market cap stocks often have higher growth potential but come with increased risk, suitable for speculative investments.
Dividend Yield TTM (min: 5%):
- Purpose: Identify stocks offering high dividend yields for income generation.
- Rationale: A minimum 5% yield ensures the stocks provide attractive returns through dividends, complementing potential capital gains.
Price (max: $5):
- Purpose: Limit the selection to low-priced stocks to meet the penny stock definition.
- Rationale: Stocks priced under $5 are typically considered penny stocks, aligning with the user's request.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: A minimum turnover threshold reduces the risk of illiquidity, allowing for smoother entry and exit.
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.