Screening Filters & Rationale
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.
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.
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.
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.
Annual Revenue YoY Growth >= 15%:
- Purpose: Focus on companies with strong revenue growth.
- Rationale: High revenue growth indicates robust business expansion and market demand.
Ticker Selection:
- Purpose: Narrow down to specific stocks meeting all criteria.
- Rationale: Ensures the final selection aligns with the defined filters for optimal results.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.