Show me more stocks like alit

Screening Filters & Rationale

1. Market Capitalization: $3B – $12B

   • Purpose: Target mid-cap companies similar in size to Alight to capture comparable risk/return and business maturity.
   • Rationale: This range avoids very small, unstable firms and mega-caps with different growth and risk profiles, keeping the peer set closer to ALIT’s scale.

2. Revenue (TTM): $1B – $4B

   • Purpose: Focus on companies with a similar revenue footprint to Alight, where growth and operating leverage dynamics are comparable.
   • Rationale: This size range filters out tiny niche players and very large enterprises whose economics and growth paths differ from ALIT’s.

3. Region: US

   • Purpose: Limit the list to US-listed names to match the user’s request and keep regulatory/accounting environments consistent.
   • Rationale: Staying in the US universe reduces currency, disclosure, and governance differences that can make “similar” companies hard to compare.

4. Weekly Average Turnover: ≥ $3M

   • Purpose: Ensure sufficient liquidity so positions can be entered and exited efficiently, similar to trading in ALIT.
   • Rationale: A minimum turnover threshold avoids illiquid stocks with wide spreads and higher transaction/slippage costs.

5. Annual Revenue YoY Growth: 10% – 30%

   • Purpose: Capture moderate growth companies akin to Alight’s profile—faster than mature value names but not extreme high-beta hypergrowth.
   • Rationale: This band filters out stagnating/declining businesses and overly speculative high-growth names, aligning with a balanced growth exposure.

6. Ticker Universe (Preselected Peer List)

   • Purpose: Start from a curated list of software, tech-enabled services, and platform businesses that are operationally similar to Alight.
   • Rationale: Using a pre-filtered universe improves relevance by focusing only on business models and sectors that resemble ALIT before applying the numeric screens.