What stock to buy Monday

Screening Filters & Rationale

1. Market Cap ≥ $10 billion:

   • Purpose: Focus on large-cap stocks for stability and lower risk.
   • Rationale: Large-cap companies are typically more established and less volatile, aligning with a conservative investment approach.

2. Beta (LowRisk, ModerateRisk):

   • Purpose: Select stocks with low to moderate volatility.
   • Rationale: Lower beta stocks reduce exposure to market fluctuations, suitable for risk-averse investors.

3. Weekly Average Turnover ≥ $1 million:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover indicates active trading, reducing the risk of illiquidity.

4. RSI (14) ≤ 35:

   • Purpose: Identify potentially oversold stocks for buying opportunities.
   • Rationale: A low RSI suggests the stock may be undervalued and poised for a rebound.

5. Weekly Price Change ≥ -1%:

   • Purpose: Avoid stocks with significant recent declines.
   • Rationale: This filter ensures the stock is relatively stable and not in a sharp downtrend.