No minimum market cap

Screening Filters

1. Sector: ['Software & IT Services', 'Technology', 'Technology Equipment']

   • Purpose: Restrict results to “only tech stocks,” as you originally requested.
   • Rationale: These three sector/industry groupings capture the core of the technology universe: software, IT services, and hardware/equipment makers. This keeps the screener focused on true tech names rather than drifting into other sectors.

2. Listing Exchange: ['XNYS', 'XNAS', 'XASE'] (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale: Stocks on these exchanges generally have better disclosure, regulation, and liquidity than OTC or foreign-only listings. This makes the resulting list more investable and easier to research.

3. Monthly Average Dollar Volume: min = 2,000,000

   • Purpose: Ensure a basic level of liquidity.
   • Rationale: A minimum of $2M in average monthly dollar volume helps exclude extremely illiquid micro-caps where spreads are wide and it can be hard to enter/exit positions. This is particularly important now that we’ve removed the minimum market cap filter, since we’ll be including smaller companies.

4. P/E (TTM): min = 10, max = 40

   • Purpose: Focus on tech stocks with valuations that are neither extremely depressed nor extremely speculative, based on earnings.
   • Rationale:
     • A minimum P/E of 10 screens out many distressed or highly cyclical names with very low multiples that might signal deeper problems.
     • A maximum P/E of 40 removes the most aggressively valued names, helping to avoid the far end of the speculative spectrum while still allowing for growth-oriented tech valuations.

5. Analyst Consensus: ['Strong Buy', 'Moderate Buy']

   • Purpose: Filter to tech stocks that currently have broadly positive analyst sentiment.
   • Rationale: Restricting to “Strong Buy” and “Moderate Buy” ratings focuses on companies where the analyst community generally expects positive performance, which can be a useful qualitative overlay on top of the quantitative filters.

Why Results Match:

• Your new request was specifically: “Remove the minimum market capitalization filter from the stock screener.”

  • The current filter set does not include any market cap requirement, so the previous constraint (e.g., only large/mega caps) has been removed.
  • This means small-, mid-, and large-cap tech stocks can now appear, as long as they meet the liquidity, valuation, and analyst-consensus criteria.

• Your original condition of “only tech stocks” is still satisfied via the sector filters, so the universe remains firmly within technology.

Overall, the screener now does exactly what you asked: it keeps the tech-only focus and all the other quality/liquidity/valuation constraints, but no longer restricts by minimum market capitalization.