List penny stocks

Screening Filters

1. Price: $1 – $5

   • Purpose: Capture “penny stocks” by share price.
   • Rationale: A common practical definition of penny stocks in the U.S. is stocks trading below $5 per share. Setting the upper bound at $5 directly targets this range. The $1 lower bound helps avoid extremely low‑priced micro‑pennies, which are often highly illiquid, extremely risky, and prone to manipulation.

2. Market Capitalization: $100M – $1B

   • Purpose: Focus on smaller companies that are still somewhat established.
   • Rationale: Penny stocks are typically associated with smaller businesses. A cap between $100M and $1B keeps us in the small‑cap space, which is consistent with penny‑stock territory, while filtering out the most speculative nano‑caps with very limited resources or disclosure.

3. Monthly Average Dollar Volume: ≥ $2,000,000

   • Purpose: Ensure a minimum level of trading activity and liquidity.
   • Rationale: Many penny stocks barely trade, making it hard to enter or exit positions without large price impact. Requiring at least $2M in average monthly dollar volume helps focus on stocks you can realistically trade, reducing some liquidity and execution risk.

4. Region: United States

   • Purpose: Restrict results to U.S. companies/markets.
   • Rationale: You asked for penny stocks in the U.S. stock market. This filter excludes foreign markets and ADRs, so the list aligns with U.S.-domiciled or U.S.-listed securities.

5. Exchange Listing: XNYS (NYSE), XNAS (NASDAQ), XASE (AMEX)

   • Purpose: Limit to major U.S. exchanges.
   • Rationale: Many penny stocks trade over-the-counter (OTC), where disclosure and regulation can be weaker. By focusing on NYSE, NASDAQ, and AMEX, the screener aims for penny-priced stocks that still meet major-exchange listing standards (reporting, governance, minimum price/size thresholds).

6. Quarter Revenue YoY Growth: ≥ 10%

   • Purpose: Prefer companies showing actual business growth.
   • Rationale: A lot of penny stocks have stagnating or shrinking businesses. Requiring at least 10% year-over-year quarterly revenue growth filters for companies that are growing their sales, which can improve the fundamental quality of the names within this high-risk category.

Why Results Match:

• The price filter is directly aligned with the common <$5 definition of U.S. penny stocks.
• The region and exchange filters ensure these are U.S.-listed names on major exchanges, consistent with “U.S. stock market.”
• The market cap, liquidity, and growth filters refine the list to penny-priced stocks that are more tradable and have at least some fundamental strength, making the results more practical and investable than a raw list of all sub-$5 tickers.