Quality stocks below $10

Screening Filters & Rationale

1. Market Cap ≥ $1 billion:

   • Purpose: Focus on established companies with significant market presence.
   • Rationale: Larger market cap reduces the risk of extreme volatility often seen in smaller companies.

2. Price ≤ $10:

   • Purpose: Identify affordable stocks for investors seeking low-cost entry points.
   • Rationale: Ensures alignment with the user's request for stocks priced below $10.

3. Weekly Average Turnover ≥ 1,000,000:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover indicates active trading, reducing the risk of illiquidity.

4. P/E (TTM) between 5 and 25:

   • Purpose: Target reasonably valued stocks based on earnings.
   • Rationale: Avoids overvalued stocks while excluding companies with potentially unsustainable low valuations.

5. Return on Equity (ROE) ≥ 10%:

   • Purpose: Focus on companies with strong profitability and efficient use of equity.
   • Rationale: High ROE indicates effective management and potential for sustained growth.