Plan to purchase stock

Screening Filters

1. market_cap: min $5B

• Purpose: Focus on established, sizable companies.
• Rationale: When asking what drove a company’s latest revenue changes, larger-cap firms are more likely to have enough operating scale, analyst coverage, and publicly available financial detail to identify meaningful revenue drivers such as product mix, pricing, demand trends, and segment growth.

2. themes: Technology, Semiconductor Equipment & Materials, Cloud Computing

• Purpose: Narrow the search to growth-oriented technology businesses.
• Rationale: These themes are where revenue changes are often driven by identifiable factors like AI demand, data-center spending, semiconductor cycle strength, hardware refreshes, and cloud infrastructure expansion. This is especially relevant for a company like Sandisk, where revenue can be affected by memory market conditions and enterprise/data storage demand.

3. industry: Semiconductors & Semiconductor Equipment, Integrated Hardware & Software

• Purpose: Target companies most likely to have revenue patterns similar to Sandisk.
• Rationale: Sandisk operates in a hardware/storage-related segment, so these industries are the closest match for understanding revenue shifts caused by component demand, inventory cycles, ASP changes, and customer order timing.

4. gross_margin: min 20%

• Purpose: Keep companies with at least moderate pricing power and product value.
• Rationale: Revenue growth is more meaningful when the company can sustain healthy gross margins. This filter helps identify firms whose revenue changes are likely tied to strong demand or favorable product mix rather than low-margin, volume-only growth.

5. operating_margin: min 0%

• Purpose: Exclude companies that are deeply unprofitable at the operating level.
• Rationale: If operating margin is positive, revenue changes are more likely to reflect an improving business model, better cost control, or stronger end-market demand. That makes the revenue drivers easier to interpret in a fundamental context.

6. revenue_ttm: min $1B

• Purpose: Ensure the company is large enough for meaningful revenue analysis.
• Rationale: A minimum revenue base helps avoid tiny or early-stage companies where revenue changes can be noisy and less representative of durable business trends. It also increases the likelihood of reliable quarterly comparisons.

7. quarter_revenue_yoy_growth: min 20%

• Purpose: Find companies with strong year-over-year revenue acceleration.
• Rationale: Since the user is asking what drove the latest revenue changes, strong YoY growth is a direct signal that recent revenue movement is material and worth investigating. It helps surface companies where growth catalysts may be visible and explainable.

8. quarter_revenue_qoq_growth: min 5%

• Purpose: Capture recent sequential improvement.
• Rationale: Quarter-over-quarter growth shows the latest momentum, not just easy comps versus last year. This is important for identifying whether revenue changes are being driven by current demand trends, new product cycles, or improving market conditions.

Why Results Match:

• The filters prioritize companies similar to Sandisk’s business profile: technology-oriented, hardware/semiconductor-linked, and scale-driven.
• They focus on firms showing meaningful recent revenue growth, which is exactly what you want when trying to explain the drivers behind “latest revenue changes.”
• Profitability and margin thresholds ensure the screen surfaces companies with fundamental quality, making revenue movement more likely to reflect real business improvement rather than one-off or distressed effects.
• The market cap and revenue minimums make the results more relevant and comparable, since large, revenue-producing companies usually have clearer disclosures around what caused the change.