Software and technology

Screening Filters & Rationale

1. Market Cap >= $20 billion:

   • Purpose: Focus on large-cap companies in the software and technology sector.
   • Rationale: Large-cap companies tend to have more stability and established market presence, aligning with long-term growth strategies.

2. P/E TTM <= 30:

   • Purpose: Identify companies with reasonable valuations relative to earnings.
   • Rationale: A P/E ratio under 30 suggests the stock is not excessively overvalued, balancing growth potential with risk.

3. RSI (14) between 40 and 60:

   • Purpose: Target stocks that are neither overbought nor oversold.
   • Rationale: This range indicates a neutral momentum, reducing the likelihood of extreme price volatility.

4. Monthly Price Change >= 0%:

   • Purpose: Select stocks with positive or stable recent price performance.
   • Rationale: Ensures the stock is not in a downward trend, supporting a growth-oriented strategy.

5. Annual Revenue YoY Growth >= 15%:

   • Purpose: Focus on companies with strong revenue growth.
   • Rationale: High revenue growth indicates robust business expansion and market demand.

6. Ticker Selection:

   • Purpose: Narrow down to specific stocks meeting all criteria.
   • Rationale: Ensures the final selection aligns with the defined filters for optimal results.