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Screening Filters

1. Market Capitalization (market_cap: min $50 billion):

   • Purpose: To focus on large-cap stocks.
   • Rationale: Large-cap companies (market cap > $50 billion) are typically well-established, financially stable, and have a proven track record. These companies are often considered leaders in their industries and are more likely to be perceived as "top" stocks due to their size, influence, and stability.

2. Price-to-Earnings Ratio (pe_ttm: max 20):

   • Purpose: To identify stocks that are relatively undervalued or reasonably priced compared to their earnings.
   • Rationale: A P/E ratio of 20 or below is often considered a benchmark for value or fair pricing. By setting this filter, the screener excludes overvalued stocks, ensuring that the results focus on companies that may offer better value for investors.

3. Year-to-Date Price Change Percentage (ytd_price_change_pct: min 20%):

   • Purpose: To find stocks that have demonstrated strong price performance in the current year.
   • Rationale: A minimum YTD price change of 20% ensures that the stocks selected have shown significant upward momentum, which aligns with the idea of "top" stocks that are performing well in the market.

Why Results Match:

• The combination of these filters ensures that the stocks identified are large, well-established companies with strong recent performance and reasonable valuations. These characteristics align with the user's request for "top" stocks, as they highlight companies that are leaders in their industries, have demonstrated strong growth, and are not excessively overvalued.
• By focusing on large-cap stocks with strong YTD performance and reasonable P/E ratios, the screener narrows down the list to companies that are likely to be attractive to investors seeking high-quality, top-performing stocks.