IPOs to buy

Screening Filters

1. Market Cap ≥ $2.5B (market_cap: {'min': '2500000000'})

   • Purpose: Focus on larger, more established companies among recent listings.
   • Rationale: Many IPOs start smaller and are very fragile. By requiring at least mid‑cap size, the screener tilts toward IPOs that:
     • Have already attracted substantial institutional interest.
     • Tend to have better liquidity and tighter bid–ask spreads (important if you’re actively trading).
     • Are less likely to be extremely speculative micro‑caps that often behave unpredictably after IPO.

2. Price Above 20-Day Moving Average (moving_average_relationship: ['PriceAboveMA20'])

   • Purpose: Capture IPOs currently in short-term uptrends or showing positive price momentum.
   • Rationale: Since you’re asking which IPOs are “recommended to buy,” the screener is biased toward:
     • Stocks trading above their 20‑day moving average, a common technical indicator of short‑term strength.
     • Avoiding IPOs that are already breaking down or under selling pressure soon after listing.

3. Region: United States (region: ['United States'])

   • Purpose: Restrict results to US-listed companies.
   • Rationale: This directly matches your question about “IPOs in the US stock market,” excluding foreign markets and ADRs so you only see US-based or US‑listed IPOs.

4. Exchanges: NYSE, NASDAQ, AMEX (list_exchange: ['XNYS', 'XNAS', 'XASE'])

   • Purpose: Limit to major US exchanges.
   • Rationale: Genuine US IPOs of size almost always list on:
     • NYSE (XNYS)
     • NASDAQ (XNAS)
     • NYSE American/AMEX (XASE)
       This screens out OTC and very low-quality venues, keeping you focused on more credible, regulated IPO names.

5. Annual Revenue YoY Growth ≥ 25% (annual_revenue_yoy_growth: {'min': '25'})

   • Purpose: Filter for companies with strong fundamental growth.
   • Rationale: For IPOs, a key part of the investment thesis is growth. By enforcing at least 25% year‑over‑year revenue growth, the screener:
     • Prioritizes businesses whose top line is expanding rapidly.
     • Helps avoid IPOs that came public mainly to provide an exit for early investors but lack real growth momentum.

6. Analyst Consensus: Strong Buy (analyst_consensus: ['Strong Buy'])

   • Purpose: Overlay professional sentiment on top of fundamentals and price action.
   • Rationale: For newly listed stocks with limited history, analyst coverage can be an extra filter:
     • “Strong Buy” signals that, on average, covering analysts see significant upside or strong business quality.
     • This reduces the universe to IPOs/in-recent-IPO-type names that not only look good on paper but are also favored by institutional research.

Why Results Match Your Request

• The US focus (region + exchanges) directly aligns with “IPOs in the US stock market.”
• The growth and size filters (market cap + ≥25% revenue growth) aim to surface higher‑quality, more established growth IPOs rather than speculative nano‑caps.
• The technical (PriceAboveMA20) and sentiment (Strong Buy) filters tilt toward IPOs that are both performing well in the market and favorably viewed by analysts—consistent with “recommended to buy” rather than just “all IPOs.”

One important nuance: this screener does not explicitly filter by “recently IPO’d” (e.g., IPO within last 6–12 months). In practice, it’s likely being applied on a universe that’s already restricted to IPO candidates, and then these additional filters refine that list to the stronger, more buy‑worthy names.