What is a good tech stock to buy now?

Screening Filters

1. market_cap_category: large, mid

   • Purpose: Focus on established tech companies with enough scale and liquidity.
   • Rationale: For a “good tech stock to buy now,” large- and mid-cap stocks are often more stable, widely followed, and less speculative than small caps.

2. moving_average_relationship: PriceAboveMA20, PriceAboveMA200

   • Purpose: Identify stocks with positive short-term and long-term price trends.
   • Rationale: A stock trading above both its 20-day and 200-day moving averages suggests current momentum is strong and the longer-term trend is also healthy, which is useful when looking for stocks to buy now.

3. rsi_category: moderate

   • Purpose: Avoid stocks that are extremely overbought or oversold.
   • Rationale: A moderate RSI helps target stocks that still have room to move without being stretched too far, making them more balanced entry candidates.

4. sector: Technology

   • Purpose: Restrict the screen to tech companies only.
   • Rationale: This directly matches the user’s request for a tech stock.

5. eps_ttm: min 0

   • Purpose: Require positive earnings over the trailing twelve months.
   • Rationale: Profitability is a sign of business quality. Positive EPS helps filter out tech companies that are still unprofitable and potentially riskier.

6. free_cash_flow_ttm: min 0

   • Purpose: Require the company to generate positive free cash flow.
   • Rationale: Positive free cash flow means the business is producing real cash after expenses and capital needs, which is important for durability and financial flexibility.

7. return_on_equity: min 15

   • Purpose: Favor companies that generate strong returns on shareholder equity.
   • Rationale: A higher ROE suggests efficient use of capital and often points to stronger, higher-quality businesses.

8. analyst_consensus: Strong Buy, Moderate Buy

   • Purpose: Prioritize stocks with favorable Wall Street sentiment.
   • Rationale: Analyst consensus can serve as an additional quality check, helping surface tech names that professionals currently view positively.

Why Results Match:

• The filters collectively search for tech stocks that are established, profitable, cash-generative, and currently trending well.
• They also avoid overly speculative names by emphasizing large/mid caps, positive earnings, positive free cash flow, and strong ROE.
• The momentum filters (above key moving averages and moderate RSI) help find stocks that are performing well right now, which fits the “buy now” part of the question.
• Analyst support adds another layer of confidence by highlighting names with a generally favorable outlook.